It’s becoming something of a thing in trucking for an existing motor carrier of any size to launch a side business to broker freight. Such a brokerage is typically set up as an independent entity that ...
According to Truckstop.com research, nearly 80% of owner-operators indicate they just don’t like to negotiate rates with a broker. That may be the case, but it's a fact that a better understanding of ...
With freight rates in dismal territory and brokers becoming ever more restrictive and frankly a little crazy in their carrier selection criteria, times have hardly ever been tougher for ...
Becoming an owner-operator can be both exhilarating and scary. While you can enjoy operating your own business without having to answer to an employer, you'll also need to worry about obtaining loads ...
What, exactly, is a freight broker? A page on the Federal Motor Carrier Safety Administration’s website defines it as “a person or an entity which arranges for the transportation of property by a ...
Equipped with sophisticated back-ends, larger conglomerates are often outcompeting small freight brokers, but Axle Payments wants to change this by empowering over 10,000 freight brokers currently ...
Artificial intelligence and machine learning are two expanding means logistics companies can use to gather and process tremendous amounts of data surrounding freight shipments. Predictive analytics, ...
Freight fraud is the industry’s open secret: for years, carriers complained about unpaid loads, shippers voiced frustrations over losses, and brokers warned of schemes that drained time and trust. The ...
Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts. The spot market has been going through a process of ...
Freight fraud is a $200B risk. Learn how to layer defenses, verify carrier identities, and use secure marketplaces to stop ...
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