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…
Understand the relationship between carriers and freight brokers to improve logistics partnerships.
Freight broker transparency for Shippers: Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers. Convoy Shipper Platform 2.0 includes Market Outlook, which shows shippers current and future trends by region. Also, it adds a feature…
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…
Freight Brokerage Owners: 1. Use Advertising and Marketing Techniques that Work Track your marketing efforts so you can concentrate on the techniques that work and eliminate the ones that don’t. Smyrna, Tennessee, freight broker Cathy Davis said small giveaway items, such as pens, note pads, caps and T-shirts, work well….
WORLDWIDE – For anyone with an interest in avoiding the theft of cargo in transit the latest report from insurance specialists the TT Club will make fascinating reading. Prepared in association with supply chain intelligence and risk management experts BSI, the report looks closely at every facet of what is a complex international…
1.Freight Brokers. Freight brokers connect shippers to truckers, and this is a good option if you’re just starting out. Freight brokers do most of the legwork for you, including negotiating the rates with shippers. 2.Dispatch Services. Hire a dispatcher directly (with industry experience and contacts in tow) or contract with a dispatch…
PHOENIX–(BUSINESS WIRE)–Nov 19, 2018–GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, today announced it was the recipient of two ACE awards and was ranked 6th Largest Private Company and 7th Fastest Growing Company by the Phoenix Business Journal at the 2018 Arizona Corporate Excellence (ACE) Awards on November 15, 2018. This honor…
Arrive Logistics opens up new office: Freight brokerage and transportation management services provider Arrive Logistics recently announced it has opened up a new office in Chattanooga, Tenn. This is the company’s third location, as it also has offices in its corporate headquarters in Austin, Texas, and Chicago, Ill. Arrive officials said…
How To Become a Freight Broker in Florida Freight brokers must search for trucks on load boards to move cargo and contact shippers to let them know that they’ve found trucks. Among other things, Freight brokers are responsible for searching for shippers who need cargo transported from one place to another….
The meeting was chaired by the President and CEO of the Port Authority of Jamaica, Professor Gordon Shirley and engendered a spirit of cooperation by the players to ensure a speedy and smoother flow of containers for the domestic market for the Christmas Season and beyond. In addition to the…
Heathrow’s cargo community is winning the battle against peak-time truck delays as the AIS (Advanced Information System) gains traction among forwarders, cargo terminal operators and airlines at the UK airport. And with reports of “significant reductions” in dwell time for trucks and £200 savings in driver costs, there is a now…
Freight Brokers 3PLs Must Embrace Technology, to remain competitive in this changing environment, freight brokers and third-party logistics firms will need to adapt or risk being left in the dust, technology experts and logistics leaders said here at the Transportation Intermediaries Association’s inaugural 3PL Technovations conference, held Nov. “You’re going to either be on…
Today, Nov. 11, our country celebrates Veterans Day. Since formal celebrations will be Monday to provide folks a three-day weekend, perhaps the alcohol aficionados will have time to nurse their hangovers. Every American should know why we celebrate Veterans Day on Nov. The day originated as Armistice Day on Nov….
Following on from a record 2017, the Freight team at Air Partner has enjoyed a busy and fruitful first half of the financial year, winning cargo mandates from a variety of new and existing customers. As was recently announced in Air Partner’s interim results, Freight gross profit was up 36.4%…
Freight Brokerage Market highlights the latest trends in the global Freight Brokerage market along with various growth opportunities & upcoming technologies in the Freight Brokerage market within the forecast period (2018-2022). It utilizes various analytical techniques to evaluate the market size, share, year-over-year growth rate & future market hold of leading brands in the Freight Brokerage market space. This market report…
We’re already well into 2018, and a lot has happened in the logistics and transportation industry. The ELD mandate continues to be a controversial topic, we’re keeping an eye on the current capacity crisis, the industry is soaring to new technological heights with autonomous vehicles, and so much more. Freight…
Freight Broker Make salary: Explore earning potential in this dynamic field. Learn about factors affecting income and strategies to maximize earnings.
Evan Erlandson, the owner of E2 Trucking, underscored the impact cross-border trade has on his industry and individual business, which concentrates on hauling bulk freight between Manitoba and South Dakota. He said the primary reasons for choosing to run a north-south route into the U.S. was because of how well…
Terre Haute – One of the red flags that lead troopers to search a vehicle carrying millions of dollars worth of narcotics was that the electronic logging device that had been unplugged. In the past semi drivers have had paper log books that they would manually enter in how long…
Outbound volumes from Los Angeles (OTVI.LAX) have climbed 12% in the past ten days, while Savannah’s volumes (OTVI.SAV) have skyrocketed an astonishing 127% since September 5.Spot rates out of Savannah have remained flat, as most of the moves leaving the port are regional and capacity stays in the market. Los…
Man killed in possible hit-and-run at Rockbridge County truck stop: A pedestrian was struck and killed by a tractor-trailer Friday night in the parking lot of a Rockbridge County truck stop. Virginia State Police said they are investigating a possible hit-and-run at the TA Truck Center-Lee Hi Truck Stop on…
