The top 20% of freight brokers generate at least 80% of sales and gross margin for any third-party logistics provider (3PL) or freight brokerage.
In today’s edition of The Daily Dash, truck drivers with violations in the Drug and Alcohol Clearinghouse are not in a hurry to return to work based on FMCSA data. Plus, Amazon is delivering record numbers of its own packages, broker margins climb, and spot rates could near historic levels.
FMCSA’s Mullen scheduled to meet with White House officials, according to source.
Noel Perry heads Transport Futures in Harrisburg, Pennsylvania. In addition, he heads Transportation Economics, a consulting company focused on strategy, market research and forecasting for the North American freight transport […]
The FreightWaves Intel Group surveyed over 800 carriers, shippers and brokers about the entry of Amazon into online freight brokerage. Read about the survey’s results and what respondents think Amazon will do to their businesses.
Executives from Axle Logistics, Network Transport, Transfix, and Convoy weigh in on peak season 2018: higher volumes and less volatility than 2017 means that most brokers are sitting pretty.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
