Shippers across the country are overpaying on freight because they don’t have access to the right information about the market and lanes they run. Shippers recognize the need to fill this gap: According to Capgemini Consulting, 93% of shippers say that improved, data-driven decision making will be crucial to their supply chain success. At Convoy, we’re focused on helping shippers and carriers transport the world with zero waste. We’ve learned that a more efficient supply chain starts with helping all shippers make smarter buying decisions.That’s why we’re excited to announce Convoy Shipper Platform 2.0, which gives shippers direct access to Convoy’s data and models. More specifically:
Market Outlook shows shippers current and future trends by region.
Lane Network gives shippers real-time data about changes in their most important lanes.
The Data No Broker Has Shown You
When we launched the Shipper Platform back in 2015, we focused on providing shippers with the best possible tools to book their shipments, including instant quote, live track and trace, guaranteed capacity, and one-click shipment booking. Shipper Platform 2.0 goes beyond a single shipment and helps shippers deeply understand market trends and the lanes they run. We hear from shippers that they feel disadvantaged by their narrow access to market insights when making buying decisions. By exposing the data and analysis that Convoy uses daily to guarantee the right truck for the job, we give shippers of every size the information they need to make strategic choices. And the best part? Any shipper can access these insights, regardless of whether or not they book shipments through Convoy.
Market Outlook: Understand Trends by Region
With Market Outlook, shippers can become instant market experts and see:
Convoy’s proprietary Market Supply Index, which indicates how easily a shipper can book a truck at the market rate.
A curated expert analysis of the factors currently affecting the market.
An overview of seasonal freight impacts currently influencing capacity.
“The Market Outlook is the first thing I open up when I come in in the morning. It gives me an idea of what to expect on a daily basis and helps me know if it’s better to book my shipments now or later.” Jeremy Fixler, Shipping Clerk, Carlisle Construction Materials
Lane Network: Optimize at the Lane Level
Lane Network helps shippers negotiate the best rates through detailed lane-level insights. Convoy aggregates data collected across the thousands of shipments we service each week to show lane seasonality trends you can’t find anywhere else. Through Lane Network, shippers can better understand market rates at the lane level to optimize their freight spend.Shipper Platform 2.0 helps you make smarter buying decisions. Get access to free market and lane insights for your company below, no shipments needed.
Lindsay Watt is the Head of Product, Shipper Experience, leading the development of Convoy’s next set of investments in shippers. He loves freight because it’s so complex and touches so many people. Outside of work, he’s semi-successfully teaching some six year-olds how to kick a soccer ball.