Simplify carrier onboarding Onboard compliant carriers right from your TMS. Learn More Strategic theft continues to plague the freight world, with carrier identity theft being a primary target. By instituting prevention techniques as added layers of protection, you can help keep your cargo and your business safe from bad actors.   Since the best defense is a good offense, we are bringing ID Verification badges to your carrier vetting playbook. These badges will provide you with a visual indicator based on the main carrier’s corporate contact information to help mitigate risk. Thi ..read more

What are you waiting for? Find capacity and increase margins starting now. Buy Now As we reach the end of 2023, the freight industry remains in a soft market with a surplus of truck drivers and less demand for freight. The volume of trucks has greatly outweighed the amount of freight being moved, and everyone involved in the logistics chain of supply has been impacted.  Despite this freight recession, a recent survey shows that brokers are largely optimistic about 2024. In fact, 61% of participants reported that they’re expecting demand growth over the next six months. Spot rates appe ..read more

Get better rates on every deal. Rate against hundreds of thousands of daily loads and one million power units. Learn More After eight years of venture capitalist funding and industry disruption, Convoy Inc. announced it would be closing its core business operations and laying off the majority of its employees without notice or severance pay. On October 19th, CEO Dan Lewis sent out a memo to employees notifying them of the shutdown, canceling all loads effective immediately.  After a tumultuous year and failing to secure a buyer over the last few months, the digital freight brokerage c ..read more

What are you waiting for? Find capacity and increase margins starting now. Buy Now As a freight broker, your reputation matters. And building your reputation as a trusted broker will increase leads and connections with carriers and shippers. Carriers want to work with brokers who value them and work hard to stay compliant with regulations, making their job easier. Shippers, just like carriers, want someone who will get the job done efficiently and on time, all while showing they value the product that is transported. When a shipper or carrier has a positive experience with you, you can bet ..read more

What are you waiting for? Find capacity and increase margins starting now. Buy Now A solid business relationship begins with a contract, and shipper-broker relationships are no exception. Shipper-broker agreements lay the groundwork for how the business relationship is structured and help outline all the important details like billing, liability, and course of action if something doesn’t go as planned.  When properly executed, shipper-broker agreements ensure that both parties are protected and set both the shipper and broker up for success. Read on to learn the ins and outs of shippe ..read more

Simplify carrier onboarding Onboard compliant carriers right from your TMS. Learn More At Truckstop, we’ve been tracking fraudulent activity in the freight industry since 2003. With 20 years of experience and data, we’re familiar with freight fraud trends in the market, common scams, and the best practices for protecting your business. Based on our reports, there is currently a significant upswing in fraudulent activity. “In Q4 of 2022, the data showed a 400% increase in fraud complaints in the industry,” said Brent Hutto, Chief Relationship Officer at Truckstop. “That’s the highest incre ..read more

Simplify carrier onboarding Onboard compliant carriers right from your TMS. Learn More Fraud is an industry-wide problem with devastating effects. And while technology has expedited matching carriers and brokers to get freight moved, it’s also opened up new opportunities for savvy fraudsters to intercept goods and payments. “Minimizing exposure to fraud requires vigilance from shippers, brokers, and carriers. Using transportation technology, such as load boards, that prioritize security helps identify and mitigate any suspicious activity, at scale, before it impacts your bottom line.” Chi ..read more

What are you waiting for? Find capacity and increase margins starting now. Buy Now As a freight broker, you should never become complacent with your shipper partnerships. Shippers come and go; they also reduce their shipping needs without warning or become unreliable for one reason or another. But if you’re prepared and know the questions freight brokers should ask, you can vet shippers along the way to keep your shipper pipeline full. Part of this business development process is continuously looking at your standard lanes, opportunities in your network of contacts for new lanes, and servi ..read more

Less than truckload freight (LTL) is a good way for carriers to fill trailers with multiple stops in a single area that make their loads more worthwhile and profitable. However, finding these loads takes a certain amount of work, and doing it quickly and efficiently is vital to a carrier’s success. That’s where an LTL freight broker comes in. They use load boards and their relationships with shippers to connect carriers with the right load in the right area at the right time. This ability to bridge both shippers’ and carriers’ needs is one of the reasons the service they provide is so valuable ..read more

As the name implies, a freight broker business is the link between freight shippers and carriers. As a freight broker, you will receive requests from companies that need goods shipped and match them to carriers for transport. But how do you make that happen? How do you take your freight broker business from an idea to a reality? Like any successful business, a freight brokerage needs a business plan. Think of this as a living document that guides your full company lifecycle from startup. Your freight brokerage business plan should evolve along with the company while also guiding its strategic ..read more