The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Convoy lowers prices by reducing broker costs and using matching technology
“It does. And over time it allows us to drive the price down even more. We can take out some of the operating costs of running a brokerage, which makes it so we can run a little bit more efficiently. We can also find more convenient trucks because we can see al…”
Convoy operates healthily below the industry standard 18% to 20% take rate
“Our business model can be healthy at a lower percentage.”
Amazon receives no data or operational learnings from Convoy
“Yeah, I can't comment on Amazon's plans, but it's certainly not the case where they're learning or getting data from Convoy. There's no relationship like that.”
Dan Lewis predicted in 2018 that trucking would transform by 2023
“Logistics and trucking today are about where industries like retail, music, travel, et cetera, were a decade ago. A lot of early progress, but things are just starting to get interesting. I think that over the next five years, you're going to see incredible in…”
Traditional freight brokerage industry take rate averages 18% to 20%
“I can tell you that the industry rate today is about 20%, 18 to 20%.”
Dan Lewis: Truck driver smartphone adoption in 2014 enabled Convoy's model
“With Convoy, timing was crucial, and the reason it's working really well is on the trucking side, in 2014, approximately 2015, drivers started getting smartphones with a data plan and GPS. And, you know, most of the U.S.-based phone carriers started offering t…”
Average US small trucking company operates two to three trucks
“The average one has two, three trucks.”