In today’s global marketplace, there is no longer a question of whether a company can afford to have a sustainability mission. The space is moving so fast, we have moved well past the possibility of a sustainability goal and fast forwarded to how impactful an organization’s sustainability policies actually are. This is evolving so quickly […]
Government data released this week provided the latest official read on the state of U.S. factories and consumers — two critical pillars of freight demand. Outside seemingly omnipresent natural disaster zones, freight demand has been distinctly cooler in early September, though relative to historic norms it remains strong. As consumption and production patterns settle into a […]
It is a frequent point of debate in boardrooms around the world: Should we incorporate sustainability into our business and how much is it going to cost? For many organizations, sustainability and the broader query of social impact seem separate, but the reality is they are very intertwined. How does your product or service impact […]
Sustainability can truly become harmonious with a business when it is an integral pillar of a company’s DNA versus being an afterthought. When sustainability is literally baked into the brand, then how a company operates, everything it produces, its policies and procedures, interactions with suppliers and vendors, etc. are all viewed through a sustainability lens […]
The Bureau of Labor Statistics’ (BLS) monthly Employment Situation Report is widely recognized as the most authoritative portrait of real-time economic activity. But for the freight industry, the report provides an incomplete snapshot of the state of trucker employment. This morning’s data showed a 0.7% (10,000, seasonally adjusted) increase in truck transportation jobs in August […]
Every day, logistics teams respond to unpredictable shifts in demand for their companies’ goods. As consumer expectations rise, so do the requirements on supply chain performance. As supply chains become more connected and complex, so do the points of vulnerability to disruption.
With DOT Week set for September 9 – 11, we created a list of 3 ways shippers can navigate impacts to their supply chains.
Sustainability in business — exactly how can it be established, managed, and monitored? For companies starting up circa 2020, sustainability can be a huge component of their founding mission. But for others who have been around for quite some time, how do you begin to incorporate sustainability into operations, policies, procedures, and overall mindset where […]
With a tightening freight market and rising truckload rates, logistics teams are looking to get more reliable coverage and reduce freight costs. If you’re dealing with rising tender rejections on your contract freight, it might be time to take a closer look at your routing guide.
We’ve talked to hundreds of people working for transportation teams at small companies. One of the most common things we hear is that they “wear many hats” and can be responsible for everything from quoting customers, to getting shipments covered, to reconciling invoices. Convoy helps simplify the entire logistics workflow by providing tools and technology […]
Sustainability in business is defined as operating an enterprise which has minimal negative impact on the global or local environment, community, society, or economy. Quite often, the “Sustainability” umbrella encompasses Corporate Social Responsibility (CSR), which refers to a company’s commitment to be good stewards of the environmental and social landscape in which they operate. CSR […]
In the past few months, logistics teams have faced soaring tender rejection rates. In May, the FreightWaves Outbound Tender Reject Index was at near-zero levels. As of this week, it’s over 23%. With this volume of contract freight getting rejected, many logistics teams are in need of reliable spot freight coverage.
Today we’re excited to announce the availability of shareable GPS freight tracking links in the Convoy shipper platform. By simply copying and pasting a tracking URL, shippers can now extend Convoy’s real-time GPS visibility and shipment status data to their entire supply chain network.
Human trafficking — where people are bought and sold for forced labor or commercial sex — happens in every state across America with the number of victims estimated to be in the hundreds of thousands. One of the most frequent locations where the FBI were finding women and children being coerced into prostitution was at […]
Freight Update Video | August 2020 The disconnect between Wall Street and Main Street has spread to the open road. As the economy sunk into a deep recession in April and May, stock markets rallied fueling the perception of a chasm between the financial sector and what many people were experiencing in their daily lives […]
I find the term ‘artificial intelligence’ a little funny now that the technology has been around for a while. There’s nothing artificial about it. And when it comes to freight pricing, I’d actually rather have AI influencing rates than someone manually pulling data and spitballing a number for me – “How about $1,750? That sound […]
Shippers – It’s the start of the week and you are back at your desk looking at what orders need to move, where they need to go and when. You have hot loads, carrier falloffs, and run-of-the-mill business. Convoy is here to help get your shipments moving on time and at-cost.
At some point in every company’s evolution — whether it be at the inception or farther down the line — the sustainability conversation will arise. Incorporating sustainable business practices might be driven by internal proponents; as a result of the need to keep up with the competition; or, quite often, by consumer demand. Recent data […]
In a recent poll, 50% of shippers indicated they price-compare on every single load, while the other half indicated they price-compare on the majority of loads. Whether you are looking to book with Convoy, or a different carrier in your network, businesses can leverage the Convoy freight quote calculator to quickly compare the rates they […]
Enormous uncertainties continue to loom over the horizon for the remainder of 2020, but broad sectors of the economy are already laying their plans. Despite the difficult economic climate, sustainability remains a priority — in some cases, increasingly so. In early July, we surveyed 139 shippers in Convoy’s network about their expectations for their businesses […]