SEATTLE – (BUSINESS WIRE) –Convoy, the most efficient digital freight network in the country, today announced that it has been appointed to the 2021 CNBC Disruptor 50 List for the third consecutive year. CNBC’s annual list recognizes private venture-backed companies that are transforming the economy and the way we live.
“To be named a CNBC Disruptor for the third year in a row is humbling,” said Convoy CEO and Co-Founder Dan Lewis. “It’s exciting to see CNBC recognize the long term potential of what we do as a company, and it’s motivating for everyone at Convoy as we continually work to improve the lives of people in trucking. and environmental health.
Convoy is committed to building the most efficient supply chain possible, reducing costs for shippers, increasing driver revenues, while preserving the environment. Waste contributes to higher costs in almost every industry, but in freight the stakes are even higher as more fuel is consumed, more carbon is emitted and drivers spend more hours idling. Convoy’s industry-leading automated reloading program algorithmically aggregates multiple full truck shipments for carriers, reducing empty miles from the industry standard by 35% to 19%. To date, Convoy has eliminated 2.8 million pounds of carbon emissions for its customers, such as Anheuser-Busch, P&G, Niagara and Unilever.
CNBC has received more than 1,560 nominations for the 2021 Disruptor 50 and has subjected all submissions to a thorough and rigorous process on a wide range of quantitative and qualitative criteria, including scalability, revenue and user growth, and diversity of the workforce. CNBC’s Disruptor 50 Advisory Council, made up of leading thinkers in innovation and entrepreneurship, weighted the quantitative criteria, while a CNBC editorial team provided qualitative reviews of all nominees.
For more information on Convoy’s mission to transport the world with unlimited capacity and zero waste, and its commitment to promoting sustainable best practices in the supply chain, please visit convoy.com/sustainability.
Convoy is the country’s most efficient digital freight network. We move thousands of trucks across the country every day through our optimized and connected network of carriers, enabling shippers to earn money, increase driver revenues and eliminate carbon waste for our planet. We use technology and data to solve waste and inefficiency issues in the $ 800 billion trucking industry, which generates more than 87 million metric tonnes of CO2 emissions wasted by empty trucks. Fortune 500 shippers like Anheuser-Busch, P&G, Niagara and Unilever trust Convoy to reduce costs, increase logistics efficiency and meet environmental sustainability goals.