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Christmas comes early for most freight brokers in 2018

Christmas comes early for most freight brokers in 2018

How is 2018’s peak season shaping up compared to 2017? As we’ve pored over freight market data, we’ve learned that sure, 2017 was unusual (capacity shocks and elevated volatility), but so was 2018 (elevated volumes, suppressed volatility). While year-over-year comparisons are intriguing and can be useful, our thesis is that…

How Do Freight Brokers Find Shippers?

How Do Freight Brokers Find Shippers?

Freight brokers need to find shippers in order to connect them with carriers and move freight. How do freight brokers find shipper is an age-old question and one new freight brokers need answers too. Here are seven ways how freight brokers find shippers. For freight brokers to find shippers, it’s important to…

How to Start a Freight Brokerage

How to Start a Freight Brokerage

1. Select a legal structure for your business Decide if you want to operate as a sole proprietorship, a partnership, a limited liability corporation, or a number of other options. Speak with an attorney or accountant to discuss the pros and cons of each option. 2. Apply for operating authority…

Brokers: capacity migrating south for the winter

Brokers: capacity migrating south for the winter

Back-to-back major snowstorms in the Midwest have tightened freight markets in the region as trucking capacity flows South in search of more favorable conditions. Retail freight in Southern California and cross-border lanes is still pulling capacity away from northern markets, driving up turndowns and compressing broker margins. This week, another…

How to Become a Freight Broker

How to Become a Freight Broker

What does a freight broker do? Freight brokers are filling in a crucial role in the movement of freight, as the missing link between shippers and carriers. They negotiate good shipping rates and fast deliveries from transportation companies and connect them with the businesses that need to transport goods or…