As federally regulated and bonded companies, freight brokers are involved in assisting shippers find competitive rates for their shipments/loads by utilizing their network of trucking companies. QuickTSI provides information on freight brokers across major US cities. You can view freight brokers businesses...
In the USA, trucking is responsible for most of the overland freight movement. Its market size is over $1.1 trillion. This includes the transportation of goods (via road) from manufacturing plants to distribution centers, the transportation of building materials to construction sites, and the trans...
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Trucking spot market rates continue their ascent.(FREIGHT RATES)Berman, Jeff
Setting rates can become a commonplace exercise. The danger is that as time slides by, how rates are set can become unmoored from reality — or drift into the purview of employees who are not up to speed on costs. The answer would seem simple: Get better data faster, analyze it faster,...
“While there was clearly an increase in freight before the Memorial Day holiday, it is still too early to say whether this is the start of a long-awaited recovery in the truck freight market,” he said.
Carrier Revenge: The freight market’s impending power shift In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier revenge,” this impending shift in market dynamics promises...
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“I think it will level off or not grow as quickly, but in no means has the freight market collapsed on us. We’re just going back to more normal split of contract vs. spot market.” ATA: Driver Shortage Remains Near Record High...