What, exactly, is a freight broker? A page on the Federal Motor Carrier Safety Administration’s website defines it as “a person or an entity which arranges for the transportation of property by a ...
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 ...
The Federal Motor Carrier Safety Administration will publish in the Federal Register on Wednesday interim guidance to provide clarification on the agency’s interpretation of the definitions of “broker ...
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 ...
Digital freight broker Uber Freight recently announced it would open up a new platform it calls Broker Access, allowing fellow brokers to post loads and have its freight-matching technology work its ...
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 ...
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) ...
As freight brokers battle fraudsters intent on cargo theft, they are building defenses that combine multiple technologies provided by vendors and augmented in some cases by systems they have developed ...
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