Brokerages

Surge Transportation’s Omar Singh discusses shippers limiting broker partnerships for arbitrary reasons rather than their specific strengths and weaknesses.

The Postal Service is leaning on freight brokers as it cuts costs and chases efficiency. That’s bad news for long-time contractors.

Transportation lawyer Cassandra Gaines describes the process of combining legal lessons into carrier monitoring FreightTech.

Parade’s capacity management solution integrates seamlessly with Tai’s TMS system to help freight brokerages

“[What] speaks to M&A in our space right now is, a fast-growing, value space organization is actually worth more than a slowly growing, stable, profitable business,” says CarrierDirect’s CEO of the current brokerage market.

ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.

North American automotive and import opportunities could boost business for Universal Logistics during 2021, CEO Tim Phillips said during the Q4 earnings call.

Universal Logistics’ operating revenues from truckload services in the fourth quarter decreased $8.7 million to $49.8 million.

A set of guidelines for the ethical freight broker.

The road to success is paved with digital tools and technological adoption.

Profit and loss (P&L) sheets provide key insights to a company’s financial performance.

Shippers ship. Carriers carry. Freight brokers are the experts connecting the two. A developed shipper-broker relationship is important in aiding the success of shippers, brokers and carriers.

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.

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RPA technology could provide every broker an assistant to perform lower-level tasks so they can focus on high-level strategy.

With companies like Convoy achieving a $1 billion valuation in roughly four years, or publicly-traded companies like Uber and Amazon encroaching on the brokerage space, it is getting harder for the smaller, “relationship-based” brokers to compete. Whether it’s managed transportation, trailer pooling, warehousing or last-mile, brokers should be looking for ways to increase their value, […]

We kick off the week with headlines involving major trucking crashes in Pennsylvania and Indiana, the Drug & Alcohol Clearinghouse websites opening day struggles. Don’t worry, though, if you’re trying to register, the site is now up and operational and you can find it by clicking here. We spend Five Good Minutes with Chief Insight […]

The company also announced a collaboration with telematics provider Transflo.

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 market. Previously, he was a Corporate Economist at Schneider National, and Director of Market Research at CSX Transportation and Cummins Engine Company. Broker margins are […]

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.