Convoy

Realizing changes needed to be made to streamline its freight tendering processes, Encore Glass began looking into other options. The majority of the options did not peak his interest, in that they were, what he called, largely impersonal and static, to a large degree. But that changed after a 2019 meeting between Encore and Seattle-based digital freight network Convoy and its co-founder and CEO Dan Lewis.

At a time when United States-based food banks are facing major supply issues, due to the COVID-19 pandemic, Seattle-based digital freight broker Convoy said today it is rolling out a sustainability program initiative geared towards improving that situation through a partnership with shippers that want to donate a truckload of product to their local food bank.

If mitigating uncertainty and risk was the preferred pre-COVID approach, what does a post-COVID-19 world look like for shippers who now realize risk mitigation isn’t always possible?

With this offering, the company said carriers are now able to request and receive lumper payment codes immediately and subsequently eliminate time-consuming phone calls and out-of-pocket expenses that typically take several weeks for reimbursement.

Seattle-based digital freight broker Convoy announced a significant milestone today, as it said it has reached 100% automated brokering of loads to carriers—comprised of matching and pricing in lanes in top United States freight markets—which it called an industry first.

Seattle-based digital freight broker Convoy said it has made continued inroads on the investment front in securing $400 million in Series D funding. Company officials said that a key objective with this round of funding is to eliminate hundreds of billions of dollars of waste in the trucking industry.

Even with trucking volumes down in 2019, digital freight matching (DFM) remains hot on the radar of shippers as a way to secure space and improve visibility.

A new offering released today by Seattle-based digital freight broker Convoy offers motor carriers access to ten times the amount of spot freight from the biggest shippers in the United States. Entitled direct-from-shipper loads, Convoy said this offering removes the need for shippers to work with multiple brokers and subsequently provide each carrier with a small fraction of their spot loads that is typically at 10% or less.

Since introducing its Automate Reloads program earlier this year, Seattle-based digital freight broker Convoy said today that the offering has yielded a 45% decrease on carbon dioxide emissions created by empty freight miles.

Entitled, Convoy Connect, company officials said that this TMS enables shippers to manage all of their existing carriers and also provide them with instant access to Convoy’s capacity with guaranteed, real-time pricing.

Seattle-based digital freight broker Convoy announced today it has released a new offering that provides TMS (Transportation Management Systems) providers, Managed Transportation Providers (MTP) and other logistics stakeholders with access to its automated real-time pricing and capacity for live and drop-and-hook loads.

Recent research issued by Seattle-based digital freight broker Convoy takes a long look at the empty miles issues impacting trucking, including how when miles are wasted so is fuel, coupled with more carbon emitted, and drivers spending more idle hours on the road and at docks.

Convoy said this offering leverages algorithmically evaluates and continuously optimizes how loads can be grouped in real-time, all without human intervention.

Company officials said this initiative geared towards helping businesses address challenging freight-related problems by bringing together shippers with Convoy’s engineers, data scientists, and product designers.

Seattle-based digital freight broker Convoy rolled out a new offering today, entitled Convoy Go, which it describes as a drop & hook marketplace that enables any United States-based carrier or owner-operator to begin hauling pre-loaded trailers and be able to operate at the same level as large asset-based carriers.