Category: Shippers

FreightWaves: March Market Trends Update

Thanks to all who attended FreightWaves’ March Monthly webinar sponsored by Convoy. Below, we summarize the webinar for the demand and supply sides of the freight market, and add insights from Convoy too. Demand – Manufacturing Dragging the Economy Overall, manufacturing has slowed, with ISM manufacturing dropping to its lowest levels in the past two…

5 Questions Every Shipper Should Ask Before Adding A New Lane To Your Transportation Network

Evaluating a new shipping lane comes with a lot of thought and planning. Here are five questions to ask yourself before you add a shipping lane to an existing transportation network. Can it put us closer to our customers? Bridging the geographic divide between fulfillment centers and customers is top of mind for everyone right…

What Makes CHEP USA a Shipper of Choice?

If you’ve ever shipped your products on pallets, you’ve probably come across CHEP. With their recognizable blue color, the company’s pallets move all sorts of goods – consumer, retail, fresh, bulk liquid and dry, automotive and industrial – throughout 54 countries. CHEP USA is the arm of the company that transports pallets around the US.…

Weekly Freight Market Update: Signs of Spring

Compared to last week, freight volume decreased about 2.5% across the country. Tender rejection rates have remained stable (hanging around 7%). The upcoming lettuce harvest in the Southeast indicates the first sign of spring. Harvest appears to have begun in some parts of Florida, and reefer prices from southern and central Florida have increased. On…

3 Takeaways for Food and Beverage Shippers from the Food Shippers of America Conference

This week, the Convoy team attended the Food Shippers of America conference, an educational and inspiring two days of talking to and learning from some of the industry’s best and brightest. Three themes stood out as the most important takeaways for food and beverage shippers this year. 1. Collaboration is the way forward In a…

3 Compliance Risks for Shippers and Why They Matter

Shippers hire brokers for a number of reasons, most commonly to access capacity. Much of the “capacity” in the U.S. is anecdotally attributed to national asset carriers. However, in the for-hire truck market, the largest carriers (those with 100+ trucks in their fleets) only account for about 40% of trucks available. The remaining 60% of…

FreightWaves: February Market Trends Update

Thank you to everyone who attended the FreightWaves February webinar, sponsored by Convoy. During the webinar, we covered how supply is no longer a bottleneck — except in frozen parts of the country. Plentiful supply stems from reduced demand as businesses react to slower growth and tariff changes. Below, we summarize the webinar for the demand…

Weekly Freight Market Update: Are We at the Bottom?

Much of the country is still reeling from the latest hammering of winter storms. From Seattle to New York, Mother Nature has caused the only source of volatility in freight markets this week. February volumes so far have outpaced both 2017 and 2018. DAT reports volume this year is higher, but rejections are much lower.…

Case Study: Convoy’s Shipper Platform Helps Southwest Traders Beat the Capacity Crunch

Over the last 40 years, Southwest Traders, Inc. has grown from a one-van operation to a food distributor and restaurant supply chain with operations in five states, including four facilities and a satellite location in Texas. As the logistics coordinator, Tina Sterling is responsible for the backhauls in California, Texas, Arizona, and Colorado. To keep…

FreightWaves: January Market Trends Update

Thanks to all who attended FreightWaves’ January Monthly Freight Market Update webinar sponsored by Convoy. We discussed how economic growth is slowing and is being accented by low demand, which is typical in the first quarter of the year. This is resulting in excess capacity of carriers and spot rates falling off a cliff. The…

Case Study: Using Digital Freight to Reduce Emissions

Learn how Anheuser-Busch optimizes its transportation network, gains new levels of visibility, and improves the driver experience through Convoy. Anheuser-Busch operates 12 major breweries and 11 craft breweries across the country, making it the nation’s leading brewer. In order to get all that beer to market, the company relies on a transportation network that runs…