Freight broker agents play a critical role in the supply chain, connecting shippers with carriers and facilitating freight movements. Carrier agents work on behalf of a trucking company to find and ...
Freight brokers are less pessimistic than anticipated given the challenges the industry faces from declining volume and rate pressures, according to results of a semi-annual freight broker survey ...
Though he’s only 28, Bryan Lundberg has run as an owner-operator and managed a small fleet. He and his father operated the fleet, KAL Logistics, and at the height of Lundberg’s involvement, he was ...
Demand for freight-hauling still lags, and spot-market rates have stayed well below their 2021 and 2022 performance and even their five-year averages—despite a recent uptick. But brokers remain ...
AI agents that boost load margins by 20% to 50% are now available to brokers, shippers, carriers, and TMS providers The launch comes at a moment when the freight industry is battling severe margin ...
While the Federal Motor Carrier Safety Administration rethinks how it defines brokers and bona fide agents, the agency issued placeholder definitions to meet a mandate in the Infrastructure Investment ...
A semi-annual survey of freight brokers from Bloomberg Intelligence and Truckstop shows brokers are hopeful that demand could pick up in the latter half of the year. "Though freight brokers continued ...
This story appears in the April 8 print edition of Transport Topics. Freight brokers and third-party logistics companies are making inroads in the less-than-truckload market, a trend that reflects the ...