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 ...
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 ...
Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...
Starting January 16, 2026, freight brokers will face stricter financial standards that could thin the herd—and for small ...
Andy Tomka was at his breaking point. “I couldn’t take it anymore,” he said. Now the VP of product for MVMNT, which provides a transportation management system for freight brokers, Tomka had known ...
Course Code: GES703 Course Hours: 180 Allotted Time to Complete Course: 6 Months Prerequisites: There are no prerequisites to take this course. However, this course focuses solely on U.S. domestic ...
Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply ...
Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts. The spot market has been going through a process of ...
A significant drawback of establishing motor carrier authority and relying on brokers -- particularly brokers with whom you have only scant history of doing business -- is the risk of nonpayment.
Negligence claims arising from motor carrier collisions have typically focused on the driver, owner and/or operator of the subject vehicle involved in the accident. This traditional model allowed ...
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