With 2020 squarely in the rear view mirror, the freight industry is now firmly on the down slope of the long-feared parcelpocalypse (my term) or packagemaggedon (other peoples’, better, term). The tail end of returns will continue to work their way through the system, and the combination of new mobility limitations plus late December’s fiscal […]
Consumer spending hit new highs in September while the industrial sector stabilized, but ultimately failed to recover its pre-crisis momentum. Data published this morning by the Census Bureau and the Federal Reserve Board beg the question: How durable is the economic recovery if America’s consumers are in overdrive, but its factories are stalling in second […]
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 […]
There can be any number of reasons an organization is driven to adopt a sustainability platform. Publicly traded companies, for example, may be required to publish an annual report on sustainability initiatives. Other catalysts could include new C-level talent coming on board who have a sustainability mindset or ongoing customer inquiries as to what a […]
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 […]
With DOT Week set for September 9 – 11, we created a list of 3 ways shippers can navigate impacts to their supply chains.
Small and mid-sized shippers often miss out on the cost-savings, flexibility, and high quality service that contract freight provides. To better serve shippers of all sizes, Convoy is excited to announce automated contract rates through the Convoy shipper platform. With two types of contract rates available at four different durations, it’s never been easier to […]
Supply chain visibility gives shippers awareness of how their goods move through a supply chain. This includes tracking each shipment’s location and the facilities it passes through. It also encompasses the aggregation of data that can surface trends and anomalies, and painting the bigger picture of a supply chain’s performance. The combination of micro and […]
Asset-based carriers are trucking companies that work directly with shippers and own their equipment. Asset carriers can be a reliable partner, but this depends on how well the carrier’s capabilities align with a shipper’s freight network and transportation needs.
The load boards that make up the “spot market” connect shippers with carriers. Regardless of your reason for tendering spot loads, understanding the forces that drive spot freight rates is useful knowledge for any shipper.
Freight brokers can reduce complexity for shippers by finding drivers for their loads. Learn about the strengths and weaknesses of traditional freight brokerages, and why many leading shippers are allocating more truckloads to digital freight networks.
The freight industry is undergoing unprecedented change. Market volatility is forcing transportation teams to adapt more quickly. Rising customer expectations are putting more pressure on supply chain efficiency. And as many businesses increase their focus on environmental impact, logistics teams are being tasked with contributing to the triple bottom line. Whether your goal is adaptability, […]
In its April 2020 report, Gartner advised supply chain technology leaders to explore digital freight networks and associated technologies to address current challenges and further disruptions to transportation that are caused by COVID-19. According to Gartner analyst Bart De Muynck, “Digital freight networks can help companies that are looking for real-time available capacity or looking […]
Just a few weeks ago, the freight industry saw surging transactional demand as consumers flooded grocery stores for food and household supplies. Now the demand has dried up, and as FreightWaves reports, outbound tender volume is below its average for “normal times.” What do these market trends mean for truck drivers who are on the front […]
“Our theme always is ‘the fun starts here’ – we have everything you need – toys, party supplies, home decor, and more,” says Phoebe Chang, National Sales Manager at Joyin. Founded in 2015, Joyin has grown to become one of the fastest-growing manufacturers of toys, party supplies and seasonal products in North America. The team […]
If you work in freight, you know the value of time. More time gives you more flexibility to respond to the inevitable exceptions that occur when moving product. More time also lets you step back and figure out how to improve your freight network instead of focusing on the day-to-day operations of moving freight. So, […]
Niagara Bottling, a leading bottled water supplier in the United States, awarded Convoy with the 2019 National Carrier of the Year award. This marks the second year in a row that Convoy has won this prestigious award from Niagara. The opportunity to build a more efficient and sustainable supply chain for our shippers is core […]
We are excited to announce Convoy Connect, a free Transportation Management System (TMS) that comes pre-configured with access to Convoy’s network of high-quality carriers. Convoy Connect allows shippers to manage all of their existing carriers, but unlike other alternatives, Connect also gives you instant access to Convoy’s capacity with guaranteed, real-time pricing. Customers such as […]
Today we’re thrilled to announce Convoy Now, a program that gives shippers, Transportation Management Solution (TMS) providers, Managed Transportation Providers (MTPs), and other logistics companies direct access to Convoy’s automated real-time pricing and guaranteed capacity for both live and drop-and-hook loads. This includes a suite of application programming interfaces (APIs), developer tools, and pricing programs […]
Today, we’re proud to announce a partnership with BluJay Solutions, a leading supply chain software and service provider. This partnership provides shippers with direct access to Convoy’s instant market rates with guaranteed tender acceptance no matter the market conditions, via BluJay’s Transportation Management dashboard. This direct integration has already begun to roll out with […]