Digital freight network recognized for its innovative technology and unique approach that’s transforming the U.S. freight industry
Seattle, WA — May 25, 2021 — Convoy, the nation’s most efficient digital freight network, today announced it was named to the 2021 CNBC Disruptor 50 list for the third consecutive year. The annual list from CNBC recognizes private, venture-backed companies that are transforming the economy and the way we live.
“Being named a CNBC Disruptor for the third consecutive year is humbling,” said Convoy CEO and Co-Founder Dan Lewis. “It’s exciting to see CNBC recognize the long-term potential of what we’re doing as a business, and it’s motivating for everyone at Convoy as we continuously work to improve the lives of people in trucking and the health of the environment.”
Convoy is committed to building the most efficient supply chain possible, lowering costs for shippers, increasing earnings for drivers, while saving the environment. Waste contributes to higher costs in nearly every industry, but in freight, the stakes are even higher as more fuel is consumed, more carbon is emitted, and drivers spend more hours sitting idle. Convoy’s industry-leading Automated Reloads program algorithmically groups multiple full-truckload shipments for carriers, reducing empty miles from the industry standard of 35% to 19%. To date, Convoy has eliminated 2.8 million pounds of carbon emissions for its customers, such as Anheuser-Busch, P&G, Niagara, and Unilever.
CNBC received more than 1,560 nominations for the 2021 Disruptor 50 and put all submissions through a comprehensive and rigorous process across a wide range of quantitative and qualitative criteria, including scalability, revenue and user growth, and workforce diversity. CNBC’s Disruptor 50 Advisory Council, composed of leading thinkers in the fields of innovation and entrepreneurship, provided weighting for the quantitative criteria, while a team of CNBC editorial staff provided qualitative assessments of all nominees.
For more information on Convoy’s mission to transport the world with endless capacity and zero waste, and its commitment to driving sustainable best practices in the supply chain, please visit convoy.com/sustainability.