A more efficient way to add elastic capacity to your network. Access 300k+ trucks and automate the brokering process with our technology.
Introducing Convoy for Brokers
Why brokers work with Convoy
Elastic capacity
Access tens of thousands of pre-qualified carriers. Our unique carrier vetting and compliance process results in 16% fewer crashes and 20x fewer cargo claims vs. the industry average.
Automated brokering
Our technology automates load matching, and includes GPS load tracking, digital document management, and carrier payment. You remain the broker of record on your shipments.
Pay as you go
Free to get started. No commitments. No hidden fees. See the all-in rate for each shipment before you accept the bid. Pay only when loads are successfully booked.
What Our Customers Say
There’s a lot of waste in the freight industry, and we believe much of it can be avoided with new approaches to capacity sourcing and shipment automation. While there are some instances where we compete with Convoy, there’s more opportunity for both of us when we work together. Convoy for Brokers complements our existing truckload offering—it’s helped us grow our load volume and increase the productivity of our team by making it easier to access trucks through their marketplace and technology.
– George Henry, SVP at USA Truck, Inc.
Load matching at scale
Use our online platform and TMS integrations to quickly flex capacity as your customers’ demand fluctuates. Control carrier selection and confirm loads in as little as three minutes.
Automated carrier safety and compliance
Our industry-leading carrier safety standards use data and machine learning models to ensure that every load is hauled by an extensively vetted, high-quality carrier. This helps you reduce cargo claims and deliver better customer service.
Industry-leading visibility
With more than 95% of loads in our network consistently connected through our mobile app, you can see the precise location of your shipments on a map.
Digital document management
Eliminate manual paperwork with online access to shipment documents, including BOLs, proof of delivery, and inventory photos, which are uploaded directly from Convoy’s app.
Automated carrier payment
We take care of carrier payouts. Through Convoy QuickPay™, carriers get paid in as little as two business days with no hidden costs and no additional paperwork.
Zero upfront costs
Free to get started. No commitments. No hidden fees. See transparent pricing for each shipment before you accept the bid. You only pay when loads are successfully booked through the platform.
What Our Customers Say
As a rapidly growing third-party logistics provider, we are constantly evaluating new approaches for sourcing flexible capacity as our domestic truckload business expands. We are excited about Convoy for Brokers as it provides incredibly efficient access to a large, pre-vetted carrier network with a unique pay-as-you-go pricing model that will scale with our growth.
– Andy Dyer, President, Transportation Management AFS
FAQ
Is this co-brokering?
No. In this relationship, Convoy is not acting as a broker, but as a technology platform. Brokers using this new program will remain the broker of record for loads booked through our platform. As the broker of record for their loads, they maintain the direct relationship with shipper and carrier, and are responsible for all aspects of the customer relationship and shipment fulfillment.
How does Convoy increase the productivity of a broker?
With our automated matching and bidding service, we reduce manual work on every shipment. Our technology uses more than 50 machine learning models to match broker-posted loads with vetted, ready-to-haul carriers, and it facilitates bid selection and carrier onboarding. The program also includes shipment tracking, as well as automated document management and carrier payout. Customers have told us they’ve been able to broker 15 loads/day vs. the industry average of 5-8 loads/day using our service.
How does Convoy ensure that broker data stays confidential?
We’ve isolated broker data, technology, and processes to ensure that our customers’ information remains private:
- Data: Brokers’ data is stored in separate tables that can only be accessed by members of the Convoy for Brokers team. This data is isolated and is not used in the systems and models that power our shipper products and services.
- Technology: Convoy for Brokers uses a separate technology stack to enable a further degree of separation.
- Process: Our IT security policy outlines additional steps that keep brokerage data isolated. And we outline our processes and commitment to data privacy in our program agreement and privacy policy.