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 ...
The definitions of freight “broker” and “bona fide agents” of freight brokers are being rethought by the Federal Motor Carrier Safety Administration. On Nov. 16, the agency issued a Notification of ...
Compared to trucking carriers, freight brokerages can avoid shutdowns even during nasty freight recessions. But, since new capacity flooded the trucking industry and consumers stopped buying as much ...
In the United States, much of commerce relies on moving goods to market on trucks. The way it works is a manufacturer calls a shipping broker with instructions like “I need to get a load of beer to ...
Opinions expressed by Entrepreneur contributors are their own. Over the last several years, a handful of driving forces have helped progress the business of moving goods from one location to another, ...
Freight brokers are on the front lines of the trucking industry. They act as an intermediary between shippers and carriers, which is not an easy job. Plenty of freight brokers claim to have been under ...
The soft freight market of 2019 has caused the bankruptcy of 640 trucking companies, 11 of which are major carriers, accounting for the loss of over 3,000 jobs. For perspective, the whole of 2018 saw ...
Best-in-class brokerage TMS with all the digital features and integrations needed by today’s growth-minded truckload broker With Smart Start, freight brokers go live with a templated installation ...
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