Does incorporating business the right way to do?

One of the first things truck brokers need to decide is how to set up their firm. The law recognizes a number of ways to do so, including sole proprietors and partnerships. But you may find that incorporating your business is the right way to go. Here’s a look at…

Steps on how to open a Freight Brokerage Business

Freight logistics brokers work in the trucking industry, but they don’t drive the big rigs. Brokers, also called transportation or truck brokers, serve as the middleman between businesses or individuals in need of shipping and the truckers who provide the service. If you’re interested in logistics brokering, there are companies…

What is a MUST to start a Freight Brokerage Business

Freight shipping plays a vital role in business. Almost all products sold in stores are shipped there, and manufacturing plants rely on shipping to receive materials and distribute finished products. Freight brokerage businesses assist the shipping industry by establishing connections between shippers and freight companies. Freight brokerage businesses are licensed…

Freight Broker and Agent: How does it differs?

If you’re thinking about becoming a freight broker, you may want to consider starting off as an agent first. Agents still have the freedom to grow their business, but without the administrative headaches of paying the bills and maintaining the requirements of a “Broker Authority”. Some agents make a very…

How To Find Customers as a Freight Broker

Freight brokerage is the business of moving cargo from ports and dry docks all over the world and customers are important. This is and  important as it is an essential leg of commerce as goods are transported across countries to consumers who are willing to pay good money for them….

Importance of Surety Bonds in becoming a Freight Broker

Why do we need Freight Broker Surety Bonds? Because these bonds are a firm financial guarantee and are required by FMCSA. A bond protects truckers hired by a freight broker by ensuring that payments for the jobs are complete. This type of bond assures that both parties (the shipper and…

Duties of a Freight Broker Agent

A freight broker has the important responsibility of working with a company that needs shipping services and a carrier that is authorized to transport the load. It is important to note that a broker does not actually do any of the shipping or the transportation of items. There are many…

Guides on Selecting a Freight Broker

The truck capacity shortages shippers experienced last fall are sure to continue as the year goes on. But armed with a good freight broker, you can weather the storm. Many shippers turn to brokers when freight demand far outstrips carrier capacity. Shippers using a broker can access increased capacity without…

Freight brokers coping with Fuel-Price hike

Skyrocketing fuel prices and the weak U.S. dollar are creating unanticipated new opportunities and challenges for local freight brokers and forwarders. Since the cost of diesel fuel has risen 135 percent in the past year, these shipping intermediaries are watching customer loyalty erode as local manufacturers and importers struggle to…

How Freight Broker Factoring Can Help

Owning and controlling a business is no walk in the park, as the business owner will be forced to deal with a myriad of complex, stressful and emotionally demanding problems that will arise in the course of doing business. However, as difficult as owning a business is and can be,…

Becoming Freight Broker Agents

As a third party intermediary, there are certain things that need to do before becoming a full-pledged freight broker agents. Here is the list of the things you have to remember and carry out to jump-start your career in the freight brokering business. Freight Brokering and Freight Broker Agents Experience…

Ways to Figure Truck Freight Rates

Truck Freight Rates: Setting the freight rates for your trucks is one of the most important decisions you will make when you operate a trucking company. Your rates will determine your success: If your rates are too high, you will not have customers, and if your rates are too low…

How Does a Credit Report Affect Getting a Customs Brokerage License?

Importance Credit report: Along with additional records such as a criminal history, help government officials verify an applicant’s identity, but, more important, those reports help gauge an applicant’s integrity. Customs brokers control millions of dollars of goods entering the U.S. A poor credit history, especially if it includes serious negative…

Trucking firms face fines for skirting payroll costs

Payroll costs: Truck drivers may drive hundreds of miles a day, but many are doing it without benefits and routine worker protections, according to lawmakers going after companies that improperly classify the drivers as independent contractors. Assembly members released a proposal last week that sets a much higher bar for port…

Ship-holding Corp. Acquires Pure Car

International Shipholding Corporation (ISH) today announced the purchase of a 1999-built Pure Car Truck Carrier (PCTC). The vessel acquisition was funded by a $3.5 million cash payment and the sale of the Company’s 1994-built PCTC, Green Cove, to the seller in a transaction valued at approximately $27.5 million. The newly…

Truckers Guided by GPS Said to Hit N.Y. Bridges 200 Times

Truckers following faulty directions by global positioning systems devices have hit bridges in New York City, Long Island and Westchester County more than 200 times in the past two years, the New York Democrat said in a letter to Transportation Secretary Ray LaHood yesterday. About 80 percent of bridge strikes…

Driver of semi truck killed in crash on Tiger Mountain

The driver of a semi truck died Friday morning after crashing on Highway 18.The driver of the Fed-Ex truck became trapped in the cab when the truck drove off the road near the summit of Tiger Mountain, according to the Washington State Patrol. A witness told troopers he saw the…

‘Aerodynamics Truck and Trailer’ in Europe

Daimler’s European business has strayed outside its normal comfort zone, designing a trailer optimized for maximum efficiency with the company’s own Actros tractor. The Aerodynamics Truck and Trailer, unveiled at the International Motor Show this week, will reduce a semi-trailer’s fuel consumption to less than 25 litres per 100 kilometres,…

Class 8 demand remains soft in August

Weak demand for commercial vehicles persisted into August, according to the latest report from ACT Research. ACT’s State of the Industry report covers Class 5 through 8 vehicles for the North American market. “Class 8 orders are likely to continue in hand-to-mouth fashion until there is better clarity about the…

BCTA logo

BCTA: The British Columbia Trucking Association has been given a facelift in the form of a new association logo. Officials say the decision to create a new logo was spurred on it light of the BCTA’s 100th anniversary coming up in 2013, in an effort to reflect the changes the…

MTA trailer suspension series with two low-mount models

Meritor announced the production of the MTA 25 low-mount and MTA30 low-mount trailer suspensions, the two newest family members of its MTA (Meritor Trailing-Arm Air) suspension series for North American trailer operators. These units are specifically designed as part of a fully-integrated system to optimize performance and weight, and aimed…