I've been able to get a decent convoy effect by grouping them, setting them on safe, and putting waypoints down like mad. Any slight curve, I add a waypoint, almost cover the entire route with waypoints. Tedious, but it's somewhat workable from what I've seen.
Usually how I do this is through markers and scripts, though. With some move orders, waitfor distance to marker < 10, move to next marker, etc. Like above, the entire road is covered with "empty" markers.