DAT has integrated the Convoy tech stack into its AscendTMS system, marking a significant step in its revival. AscendTMS caters mostly to small to medium-sized brokers and carriers, with a small base of shipper clients. The Convoy Platform is fully integrated into AscendTMS, offering a comprehensive marketplace approach for brokers to conduct digital freight matching and transactions. This integration allows for complete digitization of the load booking process. The Convoy Platform acts as an interpreter, facilitating real-time data exchange between brokers and carriers. The DAT/Convoy Platform offering does not act as a broker, distinguishing it from other digital brokerage services.
The link between AscendTMS and the Convoy/DAT integration is a key development in the “load board wars” landscape within the industry. AscendTMS continues to offer its existing services while providing access to major load boards like Truckstop. The Convoy Platform within AscendTMS streamlines and automates the load matching process, simplifying operations for users. This three-way combo of DAT, AscendTMS, and Convoy represents a significant advancement in digital load matching technology.
Read more at Yahoo Finance: 3-way combo emerges for digital load matching: DAT, AscendTMS and Convoy
