How Does a Freight Broker Calculate Rates?

So… how does a freight broker calculate rates accurately? A big part of a freight broker’s job is to know how much a load should actually cost to move. This determines how much you should expect to pay the carrier and how much your shipper should expect to be billed for. The tough question is, […]

The FTL Freight Guide For Brokers in 2022

As of 2019, the trucking industry represented about 80.4% of the country’s entire freight bill. That’s around $791.7 billion in gross freight revenues, and according to the US Department of Transportation, over 700,000 registered motor carriers are in the market. Some 91% of freight carriers operate with six or fewer trucks, while 97.3% operate with […]

What Are The Advantages of LTL Shipping?

As its name would suggest, Less-than-Truckload (LTL) refers to shipments that don’t need the entire space of a trailer. When it comes to carriers, they can be divided into Full Truckload (FTL) or LTL. The LTL carriers can further be divided based on the service specialization they provide. Among these, we can include transit, lift […]