Convoy

Two startups Microsoft Corp. Founder Bill Gates heavily invested are facing major employee cutbacks as they wrestle with financial difficulties. AgBiome: Layoffs And A Race To Raise Capital AgBiome, an agtech startup based in Durham, North Carolina, is in the throes of a critical period as it...

Anyone keeping an ear to the ground in trucking knows that working toward net-zero carbon emissions has been decades in the making — and extends beyond the obvious elimination of diesel smokestacks. Increased emissions regulations have led to mileage improvements, while fleets with generous budgets...

A survey released Tuesday by Convoy found that U.S. trucking companies are very open to sustainable solutions that save money and reduce emissions, but there are still conflicting views on climate change and environmental regulations. The digital freight network surveyed about 600 small and...

It's vital to continue to innovate Convoy's suite of products to enable small carriers to compete with larger competitors, says Dan Lewis, co-founder and CEO of the digital freight network. "We work with a lot of smaller carriers, mostly owner-operators," Lewis said in a recent interview with...

Net Zero Carbon is sponsored by Norfolk Southern. Norfolk Southern isn't just in the business of moving freight, they're in the business of a better planet. To learn more about Norfolk Southern's industry-leading sustainability initiatives, go to nscorp.com/betterplanet. Convoy co-founder and...

During the 2020 calendar year, Convoy — a digital freight network company that is already carbon-neutral — helped customers save 1.6 million pounds in carbon emissions. From mid-2019 to Dec. 31, 2020, Convoy's emissions savings totaled 2.19 million pounds of CO2. Encouraged by its progress, Convoy...

Carriers moving Convoy loads can now access same-day or next-day payment at a rate of 0% through the new Convoy Factoring program. Non-Convoy loads are also eligible at a rate of between 1% and 2.99%, the company said. Convoy has also launched a fuel card that it said will save carriers an average...

  Just a few years ago, the state of the art in freight brokerage technology was software-assisted pricing and matching. A simple tool might take a base rate for a certain origin-destination pair and add a seasonality modifier based on historical data, then give a human broker a ranked list of the...

Lumpers have a complicated history in the trucking industry. Some shippers require them. Some carriers require them. Who ultimately pays them is sometimes a matter for debate. A lumper is someone who loads or unloads a trailer. In some cases, particularly in food warehousing or grocery companies,...

Ziad Ismail, Convoy's chief product officer, told FreightWaves in February that the automation of pricing and load matching were two separate problems. At the time, Convoy was solving for the first – load matching. Now the company has announced it has solved the second. Convoy said on Dec. 18 that...

Riding a wave of recent innovations, digital freight network powerhouse Convoy moved up a notch on this year's FreightTech 25, edging out Tesla Inc (NASDAQ: TSLA) to occupy the No. 3 slot on FreightWaves' list of most disruptive companies. Ziad Ismail, the company's chief product officer, said...

Built from the ground up with designs to transform the delivery of freight through technology, Convoy expects to turbocharge this mission thanks to a Series D round of funding, announced Wednesday morning. The company has received $400 million in a round led by previous Convoy investor T. Rowe...

More loads are now available on the Convoy freight platform thanks to a change the company has made that allows direct-from-shipper loads. The change was tested with select shippers earlier this year and is now being rolled out nationally, Ziad Ismail, chief product officer of Convoy, told...

Three months ago, when Convoy launched its Automated Reloads program, it was an extension of what is a core value of the company, "to love problems, not solutions." Ziad Ismail, chief product officer, emphasized that to FreightWaves when talking about the success that the program has had on...

Good day, Two weeks after announcing it had opened up its platform to application programming interface (API) connections, Convoy has announced a free transportation management system (TMS) pre-configured with Convoy's network of carriers. Convoy Connect gives shippers access to Convoy's network...