New Convoy platform opens freight data to wide use
Shipper 2.0 platform shares Market Outlook, Lane Network tools.
Online truck brokerage Convoy has launched an online software product that gives shippers direct access to the company's industry data and models, and could help users avoid overpaying on freight due to a lack of data, the company says.
Known as Shipper 2.0, the platform allows users to see Convoy's Market Outlook—showing current and future trends by region—and the company's Lane Network, which gives shippers real-time data about changes in their most important lanes, the firm said in a Nov. 29 release.
The Seattle-based company said any shipper can use the platform—whether or nor they are a current Convoy customer—thus exposing the data and analysis that Convoy uses daily to identify the right truck for the job.
Shipper 2.0 expands on Convoy's original Shipper Platform, the firm's product that provides shippers with tools to book their shipments, including instant quote, live track and trace, guaranteed capacity, and one-click shipment booking.
The product launch comes just three months after Convoy landed a whopping $185 million in financing from Google Inc.'s venture capital arm and other investors, and declared it would use the ample funding to accelerate product innovation and meet growing demand from shippers and carriers.
Join the Discussion
After you comment, click Post. If you're not already logged in, you will be asked to log in or register.
Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : New Convoy platform opens freight data to wide use">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.