Extending credit to shippers, the credibility of information, efficiency of communication and control plays a vital role in managing credit in your small business. Before you can even begin to think about granting any kind of credit terms, it is essential that you research and get the correct information you…

The fuel surcharge must be included separately on the rate confirmation sheet and you must never levy any commission for this amount. It is better to have a detailed rate confirmation with all the overheads like the line-haul rate, the paid miles, the tarp pay, additional stops & fuel surcharge….

A spot quote is a group of rates for a month. It is calculated based on the current market and it is done without a contract. So the spot quote is a rate quote for an individual Line Haul. So you should start talking to carriers who run this line…

1. Determine the weight and center of gravity location for all of the components and items to be considered. 2. Multiply the center of gravity distance times the weight to get the moment for each component and item. 3. Add all of the moments and divide by the wheelbase to…

Dry Van – Box Trailer Freight trailers (also called dry vans or simply “boxes”) are designed to carry virtually any kind of boxed, crated, or palletized freight. Configurations Standard lengths: 28’, 32’, 36’, 40’, 42’, 43’, 45’, 48’ and 53’. Standard widths: 96”-102” Maximum weight loaded: 46,000 lbs. Standard heights:…

All brokers must comply with all the requirements of the regulations in 49 CFR §371. These regulations require records to be kept and apply to how you conduct business. The FMCSA encourages you to familiarize yourself with these regulations; you can access them on the FMCSA Web site at www.fmcsa.dot.gov….

The rules governing applications for operating authority are stated in regulations, 49 CFR §§365 and 366. The process to obtain operating authority as a broker begins with FMCSA’s application for Motor Property Carrier and Broker Authority Form (OP-1). Becoming a freight broker requires the applicant to submit three (3) forms…

As a leader in the online freight broker training industry, Freight Brokers Course.com has developed a Freight Brokerage License school for students to become independent contract agents or freight brokers. You can study anywhere at any time with our cutting edge Learning Management System. Register Today and start learning Instantly! Become…

A freight forwarder is a person or entity that holds itself out to the general public as providing transportation of property for compensation and in the ordinary course of its business: Assembles and consolidates, or provides for assembling and consolidating, shipments and performs or provides for break-bulk and distribution operations…

It’s time for the New Years resolutions for brokers in 2019! 1. Always be prospecting. Most brokers don’t prospect enough, while the best brokers prospect constantly. This year, make prospecting the first and last thing you think about when you get to the office, with these 7 ideas for better prospecting….

In the last week before Christmas, carriers make plans to get their drivers home for the holiday. It’s one of the only days of the year that most carriers guarantee their drivers hometime, and they generally make every effort to keep their promises. This nationwide repositioning has a significant effect…

African-American Founder Launches Technology Transportation Startup in Florida: Golden Freight Brokers provides businesses with dedicated account managers that screen and select the best carriers to move their freight. They ensure that shippers are receiving the best price and the best service. The company is currently headquartered in Homestead, Florida. They…

Automation Earn Digital Freight Broker: Loadsmart’s technology works to bring shippers and carriers together more efficiently in the highly fragmented freight industry. “When we started the company, only about 25% of the drivers had smartphones. Even today, most of the brokers depend on email and phone calls to move freight,”…

How is 2018’s peak season shaping up compared to 2017? Christmas comes early for most freight brokers , 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…

Southeastern flatbed demand softens amid housing lull , spot rates from New Orleans to Midland and Shreveport to Midland, the lanes connecting the Haynesville shale play to the Permian Basin, are also up over November averages. Still, we see downward pressure on rates as flatbed spot prices continue to drag…

Mark Vickers, CEO of Borderless Coverage, didn’t think he’d end up in the insurance business, but because of his background in logistics, he saw the need for Mexican cargo insurance firsthand. Cargo insurance isn’t required by the Mexican government, as it is in the United States, Vickers explained. So they…