Technology and automation are both helping today’s logistics business to gain momentum in their business, and they’re also modifying the way freight forwarders and brokers sell their logistics services. Being successful as a logistics company in today’s digital world takes a new way of thinking. Customers would like to know as much about how they will access details as they know about how you’ll successfully move their freight.
How to Get High-Paying Freight Loads
The most essential task for any broker, owner-operator, or fleet owner is discovering the best-paying freight loads to transport. For many, this job is the most difficult part of owning a trucking company. Unfortunately, lots of truckers and owner-operators go out of business due to the fact that they do not know how to find good freight loads. Many new truckers make the mistake of getting loads by relying entirely on load boards or by leaping from freight broker to freight broker.
5 Tips Freight Brokers Can Use To Find New Customers
It can be a challenging task for freight brokers to construct a steady stream of carriers, particularly for those who are brand-new in the industry. There are many stories of new, enthusiastic brokers whose enjoyment vanished in just a couple of months of consumer searches while securing hardly one or two shippers. Discovering customers is always an overwhelming task, no matter which market you come from. Freight brokerages are no exception to this. The kind of services they provide might differ from other organizations, but the methods to discover new customers, carriers, in this case, is the same as in any other industry.
Higher Capacity & Contract Rates Equals Blessing in Disguise
Spot market freight volume is soft, and the capacity is loose. Large truckload carriers are raising their prices, but overall spot market rates are down. There are more freight brokers entering the market than there were last year. These and other emerging trends could be opportunities in disguise. Understand and leverage these market forces, and grow your business in the second half of 2015.
5 Key Metrics to Optimize Your Transportation Spend
In the unstable and ever-changing domestic transportation market in America, there is a growing requirement. What is it? It’s basic; it is a requirement to effectively and successfully procedure, track and keep an eye on the right metrics to better manage, control and optimize expenses. It sounds really basic, however, in truth there are intricacies. Transportation intricacies such as…