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 ...
The Federal Motor Carrier Safety Administration has proposed changes to freight broker and freight forwarder financial responsibility requirements, addressing the problem of brokers that don’t pay ...
Becoming an owner-operator can be both exhilarating and scary. While you can enjoy operating your own business without having to answer to an employer, you'll also need to worry about obtaining loads ...
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 ...
The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...
If you've found this story, know that you're not the first carrier to have found yourself unpaid for loads hauled for a broker or freight forwarder that has gone broke or, in other cases, had no ...