What is freight factoring? Freight factoring is all about cash flow. If carriers have slow-paying customers or brokers then they may have to wait up to 60 days to get paid for your work. However, carriers need cash flow to pay their expenses such as fuel, insurance, payroll, repairs, and more. That’s where freight factoring […]
As part of our constant focus on reducing the hassle for carriers, we’re excited to share several updates to Carrier Web, our web-based experience. These updates enable carriers to easily find work and manage the loads they’ve hauled as part of running and growing their businesses.
By eliminating trailer loading and unloading wait times, Convoy power only loads require an average of 6 hours less to complete than traditional live loads to and from the same facilities. Carriers who are hauling power only loads in Convoy’s network are doing so 30% of the time, and generating up to $19,000 more revenue per truck per year through increasing the number of loads they are able to haul.
We are launching four features designed to make every day tasks easier for truck drivers in our network.
Convoy Factoring extends innovative QuickPay program to non-Convoy loads and introduces new fuel card to help carriers save an industry-leading $19,000 a year in operating costs.
Today we are introducing dedicated freight to provide every owner-operator and small fleet carrier in our network with equal access to predictable work and income. Every carrier in our network can bid on dedicated freight contracts within the Convoy mobile app, reducing time spent securing individual loads enabling carriers to focus on driving and generating […]
We’ve seen widespread adoption of our hassle-free lumper payment feature. Announced in January, our industry-first feature for carriers is integrated directly into our app so carriers can request and receive lumper payment codes immediately, with just a few taps on their mobile device. With every load and carrier in our digital freight network eligible to […]
Today, Convoy announced the launch of an industry-first feature for carriers: hassle-free lumper payments via EFS (Electronic Funds Source) integration in the Convoy’s mobile app. Carriers can now request and receive lumper payment codes immediately, with just a few taps on their mobile device – eliminating the time-consuming phone calls and out-of-pocket expenses that can […]
Today, Convoy announced another first in the trucking industry: 100% automated brokering of loads to carriers, comprised of matching and pricing, on lanes in top freight markets including Atlanta, Boston, Dallas, and Los Angeles, among others. In February 2019, Convoy announced 100% automated load matching. With today’s milestone, we have now achieved 100% automated load […]
Convoy has launched direct-from-shipper loads nationwide, a new capability that provides carriers access to 10x the amount of spot freight from America’s largest shippers. One of the biggest problems that carriers face is having to call and work with many different brokers to find the best next load to haul. It is very time consuming […]
Today, we added a new capability to Carrier Web so carriers can now upload Bills of Lading (BOLs) directly from their computer, in addition to the Convoy mobile app. Carrier Web is an online tool for carriers and their office staff to centrally manage paperwork, assign loads to drivers, and track payment status. BOLs have […]
We hear from carriers regularly that they want an easier way to find loads and get paid, all with less hassle. Convoy has developed products and features that help you do just that. Streamlined sign-up, easy search, and ability to bid on loads that match your preferences Get set up in minutes and book loads […]
Keeping your trucks full and moving is the key to success in the freight hauling industry. Convoy is continually working to make it easier for you to earn more. Here are just a few of the reasons you’ll want to add Convoy to your toolkit so you can maximize earnings. Plan Ahead, Book Easily & […]
Carriers have told us that there are times they prefer to work on a computer — including when they have multiple trucks or dispatchers, when a dedicated bookkeeper manages paperwork and receipts, or simply when they are not on the road. That’s why we first launched our web experience for carriers in July of 2017. […]
Today, Convoy is announcing the nationwide rollout of Automated Reloads, a new program to book multiple loads at a time – helping carriers earn more, minimize empty miles, and eliminate time waiting between work. With Automated Reloads, Convoy algorithmically evaluates and optimizes how loads can be grouped in real-time, all without human intervention. In our […]
Convoy Go enables up to 50% increased productivity for drivers and increased capacity for shippers Today, we are excited to launch Convoy Go, a nationwide drop & hook marketplace that allows any carrier or owner-operator to start hauling pre-loaded trailers — and to operate at the same level as large asset-based carriers. Our data shows […]
Today, in a trucking industry first, Convoy announced that our freight marketplace is automatically matching — without human intervention — 100% of loads to trucks in top markets. These include routes from major West Coast markets such as Seattle, Portland, and Los Angeles; Midwest routes from Chicago, Cincinnati, and Milwaukee; routes from Texas markets such as […]
One of trucking’s dirty secrets is that poor appointment setting is a leading source of wasted time and empty miles. According to research from American Transportation Research Institute, drivers are driving empty 20.7% of the time. Even if a driver is able to find a shipment on the right route, the timing frequently doesn’t work […]
Carriers can now sign up, get approved instantly, and start taking loads with Convoy right away—all without needing to send an email, fax a packet, or even make a phone call. Traditionally, signing up with a new freight broker is a tedious and frustrating process. Carriers tell us that it can take up to a […]
Two years ago we announced a new power only loads program that would unlock business opportunities for small carriers and owner-operators, helping them access more loads and spend more time with their trucks full. Interested in hauling with Convoy? Sign up here, or visit our carriers page to learn more about our load board app, […]