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Obviously it didn't pan out, but you could think of Convoy as an aggregator of small carriers. A big shipper doesn't want to deal with 1,000 small carriers but
by drewrv 3y ago
Obviously it didn't pan out, but you could think of Convoy as an aggregator of small carriers. A big shipper doesn't want to deal with 1,000 small carriers but they can deal with Convoy, and Convoy deals with the small carriers.
Convoy could interface with large companies as though they had a large fleet of drivers and trucks. That "fleet" wouldn't require paying for benefits to employees, maintenance or fuel on the truck, and could scale up or down based on demand.
I would have guessed that the network effects of getting this kind of marketplace going would be the hard part. It makes me think that a big mistake in leadership was made.
- datavirtue 3y agoLogistics is so crazy saturated. We have an aggregator in Cincinnati, TQL, that was started by a dispatch employee and has just blown up like crazy ever since. They are still growing.
- vb6sp6 3y ago[dead]
- thaumasiotes 3y ago> Logistics is so crazy saturated. We have an aggregator in Cincinnati, TQL, that was started by a dispatch employee and has just blown up like crazy ever since. Don't these sentences tend to contradict each other? What do you mean by "saturated"?
- psunavy03 3y ago. . . so you're saying their business case was turning 3PL into 4PL?