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The Growth of Trailer Pools

Drop-and-hook and trailer pools aren’t exactly new ideas, but technology has made it possible to vastly expand their use.  

Deborah Lockridge
Deborah LockridgeEditor and Associate Publisher
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March 21, 2023
The Growth of Trailer Pools

Loadsmith, a third-party capacity-as-a-service logistics platform for shippers and carriers, recently signed a deal with Wabash to increase the number of Loadsmith trailers through Wabash's Trailers as a Service.

Photo: Loadsmith

2 min to read


Drop-and-hook and trailer pools aren’t exactly new ideas. But technology such as trailer telematics, load-matching apps offering “power-only” runs, and route optimization algorithms have made it possible to vastly expand their use.  

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Shippers increasingly have been using drop-and-hook strategies, where shippers have extra trailers that get loaded and unloaded without a truck driver having to wait. 

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However, most motor carriers with five trucks or less rarely have the trailers to be able to participate in a drop-and-hook program in a traditional sense, because they need those trailers to be rolling all the time in order to make the business work, explains Grant Goodale, co-founder and carrier experience officer of Convoy. 

“We had this idea that if we could flex trailer capacity efficiently and automatically across shippers and across the country, there was a massive efficiency gain to be unlocked," Goodale said. "Convoy Go [launched in 2020] was the outgrowth of that insight."

Convoy Go and other “power-only” apps allow small carriers to pick up a loaded trailer, or pick up an empty trailer and take it to a shipper, and be able to move more efficiently into and out of shipper facilities.  

Loadsmith calls its third-party tech-enabled brokerage offering “capacity as a service” — a trailer pool without the capital investment. Carriers can book, track, and monitor trailers in real-time through the mobile Loadsmith Driver App and Carrier Portal.   

Some other trailer pool and power-only options include J.B. Hunt 360box, Schneider FreightPower, and Transfix Drop

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This article appeared in the March 2023 issue of Heavy Duty Trucking, as part of the "How Freight Movement is Changing" series.

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