Convoy operates a digital freight network that connects shippers with carriers, simplifying the freight process and reducing costs for clients. Its platform eliminates the need for traditional freight brokers, allowing for direct communication and transactions between shippers and trucking companies. Convoy's technology is designed to handle market fluctuations, ensuring consistent trucking capacity for its clients. The company generates revenue by charging fees for its services, including a drop-and-hook program that enhances efficiency by allowing shippers to quickly exchange trailers. Additionally, Convoy offers real-time shipment tracking, which helps clients manage their logistics more effectively. What sets Convoy apart from competitors is its commitment to high-quality service and customized solutions, fostering long-term partnerships with clients.