freight brokerage

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With advances in technology and new entrants into the freight marketplace, Truckstop.com restructured to both navigate and help usher in the digital movement of freight. Talking with FreightWaves CEO Craig Fuller on the FreightWavesTV show "Fuller Speed Ahead," Truckstop.com Chief Relationship...

On this episode of Great Quarter, Guys, Seth Holm, Kevin Hill and Andrew Cox break down leading flatbed operator Daseke Inc's (NASDAQ: DSKE) business model and talk freight broker compensation, trucking supply and demand and TeslaI Inc's (NASDAQ: TSLA) new Cybertruck. Listen to more FreightWaves...

The National Customs Brokers and Forwarders Association of America (NCBFAA) has selected Washington, D.C.-based government relations and consulting firm Whitmer & Worrall to be its representative on legislative matters. The association began its search in September after its 35-year...

Freight markets have always been a magnet for entrepreneurs. Long gone are the days of the Vanderbilts and Carnegies, but there are still fortunes to be made in freight.  FreightWaves CEO Craig Fuller has pointed out that the global freight, transportation, and logistics industries are worth over...

In a conversation at FreightWaves LIVE about the future of freight brokerage, at least half of the time was spent talking about a somewhat unlikely topic – people. The chief executive officers of Arrive Logistics and MoLo Solutions, Matt Pyatt and Andrew Silver, joined FreightWaves president George...

Drew McElroy is in the freight brokerage business for one reason only: to eliminate waste. That's a tall order, given the billions of empty-truck miles driven in the U.S. each year, but he's up to the challenge. As CEO and co-founder of Transfix, McElroy has brought together both freight- and data-...

In this episode of FreightWaves NOW, Meteorologist Nick Austin tells you about an impending snow storm in the Midwest, FreightCaster Kyle Cunningham dives into our carrier update presented by PowerFleet, Market Expert Seth Holm talks about ways to measure broker performance, Market Expert Donny...

Moving loads from dock to dock is a race against the clock. In an industry where every minute counts, all players can see big returns when one member of the supply chain integrates innovative technologies and efficiencies into its processes. When brokers see their load-matching time go from a...

A little-known technology company in California automates carrier compliance and sources certificates of insurance for many of the largest freight brokerages in North America. RMIS, or Registry Monitoring Information Services, has the largest database of carrier certificates of insurance and...

Pat Gillihan, a freight brokerage industry veteran from XPO Logistics (NYSE: XPO) and Covered Logistics and Transportation, joined Chicago-based brokerage Transportation One as its chief revenue officer, the company announced October 23. Transportation One's core business is full truckload...

A recent survey of Transportation Intermediaries Association members conducted by freight payment technology company TriumphPay revealed that roughly 90 percent of truck brokers do not have a web portal that allows carriers to view their payment status and manage their payment method. That...

The business fundamentals of freight brokerage – using an operations call center to find trucks to move freight – have not changed in the past 10 years. Volume per broker per day, gross margins and net revenue per load are still the metrics by which brokerage executives measure performance....

By Scott Simanek, Chief Commercial Officer, Unis Fulfillment and Transportation 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 318 carrier...

Freight brokers said in interviews this week that sustained higher volumes are now making an impact on their businesses as revenue per load and margin per load increase. Brokers reported that more ‘hot loads,' or shipments tendered with little lead time because they have been rejected by primary...