Freight brokerage is a business that connects a manufacturing company that has goods needing transport with a carrier company that actually ships the goods to the consumers. This business serves as the go-between for the manufacturers, transporters and customers, with the end result being a quick and efficient transfer of…
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 you will lose…
A freight broker puts a trucker and a load together and handles the paperwork. The freight broker never has physical control of the load. Many freight brokers work out of their homes using the Internet and a fax machine. Anyone wanting to work as a freight broker must get a…
Last week, Senate Bill S. 3483, the so-called Motor Carrier Protection Act of 2010 was introduced by Senators Olympia Snow (R-Maine) and Amy Klouchbar (D-Minnesota). S. 3483 would amend section 139 of title 49, United States Code, to add more regulation and oversight of freight brokers and freight forwarders –…
Trucking Industry in the Modern World: Here’s a question for you: what do your clothes, your soap, your car, your computer, and your sofa have in common? Answer: all of them were delivered by truck to the stores where you purchased them. Virtually everything you’ll find for sale is transported…
Freight brokering is a growing field, and with good reason. Few business opportunities offer its combination of advantages, including high-income potential, flexible hours, and the ability to work from home. Not everyone can be successful in it, though. Being a broker requires a diverse set of skills, including marketing, sales,…
One key to running any successful business is to know what potential customers are looking for. So here’s a summary of what those trying to find freight brokers want to see: 1. Proper licensing – Nothing scares potential clients away more than the fear that you might be shady. And…
Working as a freight broker can be very rewarding; in addition to the opportunity to earn excellent pay, there are perks like setting your own schedule and, if you choose, working out of your home. But, unless you’re a naturally organized person (and how many of us are?), you may…
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…
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…
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 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….
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
Tow truck driver from around central Ohio lined up and drove around Interstate 270 on Friday to say a final farewell to a Columbus man killed on the job. Bill Houck, 60, was killed on Interstate 71 just north of Cooke Road Saturday morning while he was hitching a car…
Interstate 271 was closed for about 90 minutes Saturday afternoon after a tractor-trailer hit a tow truck driver who was changing a tire along the highway. Police said the driver was between his truck and the car he was assisting, on the shoulder of the northbound lanes near the I-480…
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…
