Dan Lewis from Convoy Anticipates Digital Freight to Go Mainstream Within a Year
About Convoy
Convoy is redefining logistics by eliminating inefficiencies in transportation. Our mission is to reduce costs for shippers while increasing transparency for carriers through our proprietary platform designed to lower the cost of moving goods.
Product Updates
- Trailer-Pooling Feature: Added a universal trailer-pooling feature that allows brokers and carriers to share trailers, reducing fuel waste, maintenance costs, and wasted time on empty trips.
- Open Broker Platform: Enhanced the platform to act as a fully open-source logistics marketplace where brokers can run their own operations while accessing Convoy’s tools for transparency and efficiency.
- AI Integration: Integrated advanced AI algorithms into the platform that analyze real-time data to provide better routing, trailer utilization, and pricing optimization.
Technology
Convoy leverages cutting-edge artificial intelligence to transform how goods are moved across the country. Our proprietary algorithm ensures transparency in logistics by providing real-time visibility into shipments at every stage of their journey.
Series B Financing
Convoy raised $150 million in its latest Series B round, which will be used to accelerate product development, enhance our platform’s AI capabilities, and expand our global presence.
Company Culture
Our team is committed to making transportation more equitable for everyone. Rebecca Bellan, a senior reporter at TechCrunch, highlighted how Convoy’s transparency is disrupting traditional logistics, creating fairness in the industry.
Future Roadmap
- Expand operations into Europe next year with localized features and pricing tailored to each market.
- Explore a Series C round to scale our technology globally while maintaining independent operation in each region.
Press Coverage
Rebecca Bellan praised Convoy for its innovative use of AI in logistics, calling it "the future of transportation." Her article also highlighted the company’s mission to create a more equitable and efficient transportation ecosystem.
For more updates, visit Convoy’s official website.
