Carriers | Convoy

Today, Convoy announces major enhancements to its carrier experience with two industry-leading innovations. First, Convoy’s transparent auctions now show bid ranges, revealing the highest rate that will be considered in the current auction round – empowering carriers to better target their bids. Second, Convoy now displays the auction round closing time, providing clarity on when […]

In 2020, Convoy unveiled new features, products and partnerships, all with the singular focus of helping carriers in our network earn more with hassle. Learn more about each below: Hassle-free lumper payments We kicked off 2020 by introducing a industry’s first feature for carriers: hassle-free lumper payments via EFS (Electronic Funds Source) integration in the […]

Trucking firms continued to add jobs in November according to data released this morning by the Bureau of Labor Statistics: Trucking industry employment increased by 0.9% (12,700 jobs, seasonally adjusted) in November, an accelerating pace from the 0.5% (7,400) pace reported from September to October. Compared to a year ago, truck transportation employment is still […]

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.

Trucking industry employment increased by 0.7% (9,600 jobs, seasonally adjusted) in October according to payroll data released today by the Bureau of Labor Statistics (BLS) — nearly matching August for the best month for job gains since the start of the pandemic and close to the monthly job gains at the last freight market peak […]

The labor market recovery continued (though at a slowing pace) in September and headlines toward the end of the month suggest that the official payroll and survey data published by the Bureau of Labor Statistics and Census Bureau may not yet capture accelerating layoffs in the travel, hospitality and recreation sectors — which are bracing […]

This industry has 3.5 million professional men and women who not only deliver our goods safely, securely, and on time, but also keep our highways safe. Convoy would like to give a special thanks to our outstanding “Haul Stars” that move this industry forward. These individual businesses were recognized for their flawless performance with Convoy […]

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 one (demand), we looked at data on factory output and the headwinds and tailwinds in the freight economy. In part two (supply), we focussed on how driver […]

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 […]