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 ...

Securing the freight broker bond is required to operate legally. It functions as a contract to protect both the carrier and the shipper. Whether you’re a motor carrier that works with brokers or ...

When it comes to the freight broker profession, the myths you can hear can be quite wild — and far from reality. In today’s world of information overload, it’s easy to confuse truth and fiction. When ...

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) ...

A freight broker arranges for truck transportation of cargo. The broker does not own the trucks that transports the cargo but acts as a go-between between the shipping company and the trucking company ...

According to Truckstop.com research, nearly 80% of owner-operators indicate they just don’t like to negotiate rates with a broker. That may be the case, but it's a fact that a better understanding of ...

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 ...

Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply ...

Freight fraud is a $35 billion dollar problem in the US. It has grown fast and in sophistication. Fortunately, there is a ...

Trucking plays a major role in the nation’s economy–according to the American Trucking Association, those big wheels generated $346 billion in gross revenues in the most recently calculated year, ...