Business, Technology, Logistics

Convoy Launches New Pricing Program for Shippers

Convoy branded trailer Convoy

Digital freight broker Convoy launched Convoy Guaranteed Primary, a pricing program designed to procure capacity and lower shippers’ costs.

September 18, 2020
Business, Technology

Convoy Unveils Service Targeting Owner-Operators, Small Fleets

Convoy A truck with a Convoy-branded trailer. (Convoy)

Convoy introduced a dedicated freight service that aims to provide more work for owner-operators and small fleets.

Connor D. Wolf | Staff Reporter
July 16, 2020
Business, Technology

Convoy Unveils Machine-Learning System to Assess Carrier Safety

Convoy Convoy brokers at work before the pandemic. (Convoy)

Convoy unveiled a new machine-learning system that’s designed to assess carriers’ safety histories, the company announced June 24.

Connor D. Wolf | Staff Reporter
June 25, 2020
Business, Technology, Logistics

Convoy Underwrites Cost to Ship to Local Food Banks

Convoy A Convoy exhibit at a 2019 industry show. (John Sommers II for Transport Topics)

Digital freight broker Convoy announced it will pay the trucking costs for any food-producing business in the U.S. wanting to donate a truckload of product to a local food bank.

April 17, 2020
Business, Technology, Equipment, TCA

Goodyear Offers ‘Zero Contact’ Customer Service, Announces Convoy Collaboration

Goodyear A Goodyear location. (Luke Sharrett/Bloomberg News)

People who go to a Goodyear Auto Service store for such things as an oil change or new tires have a new “zero contact” option that limits face-to-face interactions during the COVID-19 coronavirus outbreak.

Jim Mackinnon | Akron Beacon Journal
April 14, 2020
Government, Business, Technology, Logistics

Convoy App Now Features Lumper Payment

Digital freight broker Convoy announced the launch of hassle-free lumper payments, available directly in Convoy’s mobile app, calling it an industry-first feature.

Roger Gilroy | Senior Reporter
January 9, 2020
Business, Technology, Logistics

Convoy Says AI Now Fully Runs Its Load-Matching and Brokering

Convoy booth A Convoy booth at an industry trade show. (John Sommers II for Transport Topics)

Services that rely on artificial intelligence to handle financial and broker-related transactions are making inroads in trucking, in some cases taking over manual processes that for years relied on human hands.

Jim Stinson | Staff Reporter
January 8, 2020
Business, Technology, Logistics, Autonomous

Convoy to Expand Services After $400 Million in New Funding

Convoy booth at MATS 2019 A Convoy booth at an industry trade show. Convoy recently received $400 million from Generation Investment Management, whose co-founder and chairman is ex-Vice President Al Gore. (John Sommers II for Transport Topics)

Convoy’s intentions for putting a recent $400 million package of additional investment capital to work are straightforward — keep expanding its digital freight business through more machine learning, more automated loads, and more drop-and-hook arrangements.

Roger Gilroy | Senior Reporter
November 19, 2019
Business, Technology, Logistics

Al Gore’s Fund Leads $400 Million Deal With Convoy

Al Gore Al Gore by Mike Stewart/AP

In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.

Emily Chasan | Bloomberg News
November 13, 2019
Business, Technology, Logistics

Convoy Tries to Navigate Some Uber-Scale Problems

Amit Sekhri Amit Sekhri checks his smartphone for possible jobs and bids using the Convoy app in Patterson, Calif. (David Paul Morris/Bloomberg)

Convoy risks drawing comparisons to Uber in less flattering ways: drivers grousing about getting squeezed and a business model that has yet to turn a profit.

Dina Bass | Bloomberg News
October 29, 2019