If the current freight climate continues, a number of freight brokerages—many of them large—will likely fail over the next year. The current market presents a toxic combination of sluggish freight ...
Stubbornly weak freight market conditions have been placing financial strain on third-party logistics companies for the past couple of years with an oversupply of truck capacity driving down rates and ...
AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers automate workflows, boost utilization, and navigate the lingering freight recession ...
More trucking brokerage is coming from third-party logistics firm ADS Logistics, which primarily services the metals industry More trucking brokerage is coming from third-party logistics firm ADS ...
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 ...
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 ...
Earlier this year, the Federal Motor Carrier Safety Administration published a proposed rule that would expand the financial security requirements for freight brokers and forwarders, as well as ...
This Opinion piece appears in the May 18 print edition of Transport Topics. Click here to subscribe today. Against the backdrop of a recent multimillion-dollar verdict against one of the world’s ...
XPO Logistics hired brokers at the bottom of the market to be ready for the upswing — and it worked. Automated tools are improving the efficiency of the brokerage side of XPO's business. XPO plans to ...