Convoy’s third Annual Freight Insights Report highlights your biggest opportunities for controlling costs and improving your facility performance in 2023.
Category: Industry Insights
Convoy’s CEO Dan Lewis on the digital transformation that’s happening in trucking
As the trucking industry goes digital and the lines between brokers and asset carriers blur, Convoy CEO Dan Lewis discusses the challenges and opportunities.
Convoy’s CTO Dorothy LI on predicting freight shipments with AI
Convoy’s CTO Dorothy Li explores a logistics use case for AI capabilities in predictive inventory and the impact it is having on manufacturing writ large.
Is 2022 the end of globalization?
With shipping delays and inventory issues, there’s a moving interest in moving away from global dependencies. Dan Lewis shares his take on globalization.
Stop Wasting Your Time Putting Volatile Freight in RFPs
Clinging to traditional patterns and practices of contract freight is a liability in the world of volatile supply chains. Fortune 500 shippers are leaning into these new approaches. You can, too.
Could All Freight One Day Be Drop-and-hook?
Drop is a win for shippers, carriers, and the planet. Fortune 500 companies would move more drop if they could, but drop has its constraints. We explore what it would take to build a 100% drop future.
The Fastest Path to Autonomous Trucking
Convoy CEO Dan Lewis shares what he believes is the most practical way for self-driving to work in trucking: a system that supports hand-offs between autonomous trucks and human drivers.
The Road Ahead: 6 Ways Technology Will Enable the Future of Freight
Convoy CEO Dan Lewis on his vision for the future of the trucking industry and the implications it has on global supply chains, millions of truck drivers and our planet.
35% of the time that truck next to you on the highway is empty – that’s a really big deal for the environment
Convoy’s latest research reveals that the most immediate opportunity to reduce CO2 emissions in trucking is to focus on empty miles over EV.
Three Data Points For Better Conversations About the Trucker Shortage
Hiring at trucking firms slowed in May according to payroll data released by the Bureau of Labor Statistics this morning.
Trucking Freight Rates in Tight Markets vs. Soft Markets
Freight rates change as the market tightens and softens. This guide shows how to make sense of truckload prices in tight and soft markets.
5 Reasons To Read & Provide Freight Facility Reviews
Carriers who work with Convoy have contributed over 1.5 million freight facility reviews, download the app to check out these insights.
Convoy Launches Inaugural Freight Insights Report
Convoy’s Annual Freight Insights Report provides a detailed analysis of trends in 2020 based on data from Convoy’s digital freight network.
What is drop-and-hook freight? 5 common questions answered.
What is “drop-and-hook” freight? “Drop-and-hook” is the trucking industry’s term for when a driver drops a full container at a facility and hooks their tractor to a pre-loaded trailer at the same facility. This grab and go efficiency makes drop-and-hook a win-win: reducing transportation costs for shippers, increasing potential earnings for carriers, and saving time…
Case study: Lowering TONU costs with supply chain analytics
Part 1 of our case study showed how Convoy’s digital freight network provided flexible capacity for a customer when demand surged past supply chain forecasts. In part 2, we’ll explore how supply chain analytics uncovered hidden TONU (truck ordered, not used) costs, providing this customer with savings opportunities. Supply chain analytics with a digital freight…
Case study: When demand surges past supply chain forecasts
Business planners put a great deal of effort into demand forecasting for their supply chains. Demand forecasting seeks to predict consumer demand to inform supply chain and business operations. The more accurate the demand forecast, the more efficiently a supply chain operates. Even in typical business cycles, consumer demand is notoriously difficult to predict. 2020…
CONVOY HAUL STAR, ISAAC WILKE, SHARES HIS EXPERIENCE WITH CONVOY
Macey: One of my favorite questions to ask carriers is how did you find Convoy? Isaac: I actually found Convoy on another load board. We were looking for something local to do that day and we found this shipment with Convoy as the broker. So I gave Convoy a call, and right then and there,…
3 Ways Supply Chain Leaders can Navigate DOT Week 2020
With DOT Week set for September 9 – 11, we created a list of 3 ways shippers can navigate impacts to their supply chains.
Marketplace Update with Kevin Rutherford – Part 2: Supply
On Friday, July 10th, Convoy joined Kevin on his webinar series, Positive Matters, to discuss the current economy in regards to supply, demand, and truckload rates. In Part two of the webinar series, Kevin Rutherford and Aaron Terrazas, Convoy’s director of economic research, talked about how driver entries and exits are shaping the market, and…
Supply chain consulting from a digital freight network
Shippers sometimes worry that the use of technology in a digital freight network (DFN) takes the place of customer service with a human touch. In fact, shippers who work with Convoy have found the opposite to be true: by automating many of the mechanical, repetitive tasks across the shipment lifecycle, the team at Convoy can…