The Biggest Challenges of Being a Freight Broker
Explore the biggest challenges of being a freight broker and tips for overcoming them to succeed in the industry.
Explore the biggest challenges of being a freight broker and tips for overcoming them to succeed in the industry.
If you want more money, flexibility, back-office support and freedom to thrive, and are ambitious with a hard-working approach, becoming an independent freight agent could be the best move you ever make. Whether you’re a longtime veteran of the freight industry or a potential newcomer there are several reasons you…
Walmart announced Tuesday plans to scale a program it calls GoLocal to make final-mile deliveries for businesses of all sizes.Walmart had previously restricted its last-mile service to the delivery of its own products. The program, called Walmart GoLocal, opens new revenue streams for the company by expanding its access to…
The trucking industry has entered a historically strong business environment, but trucking companies continue to face some persistent headwinds: Recruit enough professional truck drivers and infrastructure. With the shortage increasing driver pay, it can have a significant impact on supplier costs and therefore consumer pricing. It can also increase shipping…
Innovative start-ups are capitalizing on the high number of transactions and large amounts of data being handled and generated by logistics players to develop an expanding range of technology-driven solutions Digital freight startups use technology to streamline the process of connecting truckers with shippers looking to move cargo. Such ventures…
In the fast-paced world of logistics and transportation, freight brokers play a crucial role in connecting shippers with carriers and ensuring the smooth movement of goods from point A to point B. If you are considering a career in the logistics industry or looking to enhance your existing skills as…
Amazon has spent years building one of the world’s most efficient and optimised supply chains. It means that on top of its approximately 40 per cent market share of US ecommerce, Amazon stands to gain an even greater understanding of the shopping habits of global consumers. The e-commerce giant is…
Over the last year, DAT saw a very tight positive correlation between loaded import container volumes and load board load posts on the dry van spot market at all of the major U.S. ports. It has been well documented that the huge hike in imported goods is being driven by…
Freight brokerage businesses assist the shipping industry by establishing connections between shippers and freight companies.
Market Reports recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Freight Broker market. Some of the key players mentioned in this research are C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics, XPO Logistics, Yusen Logistics, Echo Global Logistics, JB Hunt…
The past two decades have brought new tools, formats, technologies and content to online learning. Options in online learning are continually increasing with more people than ever choosing to further their education through eLearning. Since around 2010, smartphones have offered even more possibilities, enabling people to take their learning on…
Stay updated on the latest freight brokerage market trends affecting the logistics industry.
Serving as Amazon’s freight transportation management system, Amazon Relay allows owner-operators and carriers to work directly with Amazon. Relay connects small freight carriers straight to available loads to help them quickly grow their businesses. Relay equips trucking companies, fleet owners, and their drivers with everything needed to book and haul…
The past few years have been turbulent ones for the logistics industry. In 2020, freight logistics and supply chain resilience was tested again and again.The pandemic interrupted many global supply chains, which were forced into stops and starts over the past year. Shippers and carriers had to continuously change plans…
Planning to start or build a box truck business? Trucking is a business that generates a lot of revenue. The ways you can make money with your box truck range from high-risk, high-reward investments such as starting a full-on business with it, to careers that involve way less risk including…
Freight is a dynamic and rewarding industry. One way to get your start in the shipping industry is to become a truck dispatcher. Dispatchers play a key role in getting trucks out to collect and deliver loads for businesses shipping goods. You need to consider everything from how to navigate…
Early in the game, brokers can manage their handful of loads manually. But as their network grows, they’ll need to reinvest the initial profit into technologies to scale their business. The specialized software will systematize the shipment process, improve the overall brokerage service offering, and ultimately organize operations a whole…
Freight broker training can teach you the ins and outs of brokering before you take the step of receiving your own authority. Find instructions here.
Being an entrepreneur seems exciting on the surface: pursuing a passion, setting your own schedule and, hopefully, making lots of money. But the responsibility that comes with getting a business up and running can cause immense pressure. Running your own business can be hugely rewarding, but for many business owners…
The pandemic eases in the U.S., and offices around the country commence reopening plans.Businesses are finding themselves in a constant state of transition with each county and state being in different phases of reopening, and then considering the new customers they’ve gotten over the last year. In its most-recent guidance,…
Discover the core responsibilities of a freight broker, from managing shipments to negotiating with carriers.
US shippers in the Southeast face several additional days of truckload service disruption, with the potential for missed deliveries and pickups, as the region recovers from sporadic fuel shortages caused by the Colonial Pipeline shutdown. Fistfights and long queues have been reported at petrol stations in the south-eastern United States…
Current market restrictions on trucks and international container capacity are expected to last through 2023.Shippers are moving to a stronger for a longer pricing cycle, many retailers are increasing their transport cost projections and retailers are already starting to raise prices by 10% to 20%.The hot market continues to affect…
Boost your freight brokerage with essential marketing strategies that attract clients, build trust, and grow your business.
Thursday, April 29, closes a significant measurement for President Joe Biden: his first 100 days in office. Although the pandemic has been the new administration’s top priority, these 100 days charted an EV-focused auto industry through a federal focus on climate change, emissions standards and budding Chinese competitiveness, and potential…