Category: freight board

Freight Brokers: Getting Things Where They Need to Go

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We live in a world where we can get anything we want in a couple of clicks, whether it’s from a major retailer or someone selling books out of their garage.  This means more freight that needs to get from point A to point B to point C, and more trucks on the road at any given time. Enter the Freight Broker.

What are Freight Brokers?

Freight brokers are go-betweens.  They take care of things. Freight Brokers help move things along quickly and smoothly so we can get what we need when we need it.  Say a shipper has some hats that need to get to Walla Walla, Washington. The shipper calls a freight broker and pays him or her to make sure the hats get to Walla Walla before the big hat festival.  The freight broker finds a carrier who regularly travels to the area and makes a deal with them for the hat delivery. The carrier picks up the hats, drives them to their destination and all the while, the freight broker is tracking the truck to make sure the hats arrive on time.  When they do, people in Walla Walla can buy the hats, and everyone’s happy. Freight brokers facilitate shipments from their starting point to ending points.

How do they make money?

The freight broker hired the carrier to deliver the hats for less money than they received from the shipper.  This is called their “spread”. The freight broker is not merely making a better deal, they’re responsibility is to ensure that the freight is delivered safely and on time.    

Why wouldn’t the shipper go directly to a carrier?

They can, and many do.  However, there are many reasons why using a freight broker can be beneficial to both shippers and carriers.

  • It lightens your workload if you’re a shipper. It saves time searching for a carrier and tracking your shipment, which can be time-consuming.
  • The freight Broker’s main focus is the shipment.  For carriers and drivers, it lessens time searching for loads because the loads find them.
  • They’re experts.  Many brokers got their start working other jobs in the shipping or trucking industry.  They know best practices for both.
  • They track the load using GPS technology, remain in constant contact with drivers and always know the driver’s location.  
  • They’re problem-solvers.  If problems arise along the way, it’s up to the freight broker to resolve them.  What could go wrong? Lots! There could be:
    • Accidents
    • Breakdowns
    • Scheduling issues
    • Hazardous weather conditions
    • Unplanned checkpoints and other stoppages
  • They’re scalable.  Freight Brokers can quickly deal with busy or slow periods.  If a business is seasonal or is experiencing growth or decline, a freight broker can easily adapt to volume changes.
  • They have connections.  They build a large network of contacts through job experience and load boards which allow them to help shippers to take advantage of volume discounts.  They have route coverage all over the country.
  • They want you to succeed.  It doesn’t benefit the freight broker to take the shipper’s money and find the cheapest carrier or driver to create the biggest spread.  Why not? You get what you pay for and if you’re paying a carrier poorly, you’re likely going to get poor service which always costs more in the end.  

How Do I Pick the Right One?

Freight Brokers are a growing part of the industry and as with anyone you choose to do business with, it’s important to vet them properly.  Freight brokers must have a license from the Federal Motor Carrier Safety Administration (FMCSA) and should have a membership with the Transportation Intermediaries Association (TIA).  It’s also a good idea to check out their rating with the Better Business Bureau.   Try to stay away from brokers who have recently joined the industry.  The best freight brokers are ones with not only freight brokering experience but have also held jobs as carriers or shippers.  

Direct Freight Services is a go-to resource for freight brokers.  It can help those just starting out build a network or just help round out route coverage and fill gaps.  More than 3,500 companies post freight on our site so it’s the perfect tool for helping freight brokers make new and trustworthy connections.  With all sorts of useful features for shippers, carriers, and freight brokers, you’ll wonder how you ever did business without it! Go to DirectFreight.com or call (888)894-4198 and see what we have to offer.  
Source:  https://www.fmcsa.dot.gov, http://www.tianet.org, https://www.bbb.org/en/us

Load Boards: The Good, the Bad, and the Ugly

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Whether you have freight that needs to be shipped, a truck you need to get out on the road, or you’re a freight broker who needs to connect the two, more and more people are turning to load boards to get the job done.  But are they really all they’re chalked up to be?

The Good

They’re easy to use.

If you’re using a good load board, everything you need will be in a simple, clean table that appears on the front page of the site so you don’t have to go through unnecessary windows.  It will have all of the pertinent information to help you find what you’re looking for in just a few clicks.

They’re inexpensive.

While there are free load boards, they don’t necessarily include relevant information needed before committing to move the load.  The cost of paid load boards can be well over $100 a month. There are some are under $50 a month for a full subscription (Direct Freight Services is $34.95 a month).

They’re easy to access.

Web-based load boards can be accessed from any computer, phone, or tablet  with internet access. They’re also available 24 hours-a-day, 365 days-a-year (366 during leap years!) so your load search can work around your schedule.  

They’re up-to-date

Load boards would fail if they posted old information, and whether you’re looking for a load or posting one, not having a load immediately accessible will cost you money.  Direct Freight load boards are updated in real time so you’ll always get the most current information. No lines, no waiting!

Eliminates “deadheading”.

“Deadheading” is the term that refers to empty trucks returning home after they’ve dropped off freight.  Unless there’s a return load, it’s just wasted fuel, wear-and-tear on the truck, and missed opportunity to earn money for the driver .  Why drive empty? Once you’ve set up your outward-bound trip, you can search for nearby loads for your return route.

There are no costly software updates.

With web-based load boards, there’s no need to put load software on your computer.  That means no more expensive software updates that tie up your computer while the update is being performed and no need to buy new software, ever.

You can see who you’re dealing with before you commit.

The better load boards like Direct Freight allow access to credit reports so you don’t take risks.  The reports display any legal actions taken against the freight company or shipper, public filings, credit score, and the number of days it takes them to pay, on average.

 

The Bad

They’re competitive.

Most free load boards get their information from the same sources so there’s competition for the loads which drives down the price truckers can make.  Paid load boards are less competitive.

You still have to do the work.

If you’re a shipper or trucker using a load board directly, you still have to search when you’re ready for or with your next load.  Some load boards offer text or email alerts that let you know when what you’re looking for is available but you still have to do some amount, albeit small, of legwork.  

You could become a victim of fraud.

With the rise of load boards, there’s been an increase in fraud.  The fraud, “double-brokering” occurs when a freight broker uses the services of a secondary freight broker who sets up the deal but then absconds with the payment.  This happens more often on free load boards.

 

The Ugly

We were kidding about that.  There’s no ugly! Paid freight boards are an essential tool to save time for shippers, freight brokers, and truckers.  They get freight shipped, connections made, and trucks on the road faster. Time is money! Even if you have regular contacts deals can fall through, product demand can fluctuate, or it may be time to expand your operation. A good load board can help you  move forward without skipping a beat.

With 3,500+ companies posting 300,000+ loads daily, Direct Freight has everything you need to fill trucks and move freight.  We’ve been serving the trucking industry since 1997 and our years of experience helps us continue to do so.. Shippers, freight brokers, and truckers alike know that with Direct Freight, they’ll get what they need.

Go to DirectFreight.com or call us at (888)894-4198 and start your 15-day free trial today!

Source:  https://www.interstatecapital.com/fraud-in-trucking-industry/#

Brokers: Why You Need a Freight Board

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So, you decided to become a freight broker.  What was the reason? Was it the flexibility?  Wanting to become your own boss? The ability to turn hard work into a 6-figure income?  The prestige in being part of the supply chain that keeps America running?

Whatever the reason, you took the plunge to become a middleman between shippers and carriers and went through all of the processes of structuring your business and filing all of the legal forms to make your business possible.  (If you haven’t, more details on the process can be found here.)  Now what?  Where do you begin?  How do you get a list of shippers?  Do you know any truckers? You’re the middleman, how do you get in the middle?

Sure, you can use Google to search for names of shippers, and you may even be able to find some truckers, but it’s a tedious process that takes a lot of time.  And as we all know, time is money. Load brokers rely on their contacts for work and most people don’t have a handy Rolodex of direct shippers sitting on their desk, certainly not when first starting out.  But you can have one at your fingertips.  Load boards are your Rolodex.  

That’s the beauty of them.  Load boards give you all the information you need from shippers who need loads shipped to truckers looking to drive loads.  Even if you do have contacts that you can utilize, load boards can help you fill in gaps and keep trucks on the road when your regular contacts have nothing for you.  
Load boards have other advantages too.

  • They’re inexpensive.  For a small monthly fee you can have full access to their updated lists of shippers and carriers.
  • They’re convenient.  Because most of them these days are web-based, they can be accessed from any computer or mobile device 24/7 so there is no costly software requiring constant updates.
  • It reduces deadheading.  That’s when there’s a load going in one direction but not the return one.  The most successful freight brokers will keep trucks full, picking up loads for the return trip for efficiency.

  Okay, we’ve fully established that the success of your brokerage business depends on you finding a freight board.  But which one? There are so many of them out there and it’s important to find one that works for you. Many load boards have lots of bells and whistles and their main function gets lost in the mire.  Look for an interface that is straightforward with the load/truck search engine as the main feature.

Your main goal is to find concise, current loads and trucks, but there are a few other features that some load boards have that can help your business be more efficient.

  • Credit reports.  Know who you’re dealing with ahead of time.
  • Deadhead and Trip Miles.  Know your miles full and empty.
  • Weather Reports.  Know the weather where your trucks are.
  • Store and Send Documents.  Fax, email, or text with one click.
  • Email Alerts.  Get alerts on loads and trucks.
  • Load organization.  Keep everything organized so nothing gets lost in the shuffle.

DirectFreight has everything you should be looking for in a load board.  With its clear-cut interface, you can easily navigate your searches along with customized features like important saved documents and emails.  It not only provides up-to-date load and truck information, it helps your business to be more organized and professional. Check it out for yourself with a 15-day free membership at DirectFreight.com and make your freight brokerage firm prosper!

Load Posting Made Easy with Direct Freight

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You’re a liaison.  A go-between. A middleman (or middlewoman).  An intermediary. A Freight Broker. You do the legwork needed to move freight down the street or across the world.  It could be a load of toys from a factory, food from farms, or a myriad of products from a distributor―anything from anyone who has goods that need to be shipped.  You take care of all of the details to get those goods from here to there. You make the necessary arrangements with trucking companies or individual carriers.

You are more than a liaison, however.  You’re the responsible party if anything goes wrong.  If you do your job well, you can also help reduce transportation costs, cut down on lost time, and allow your shipper to increase their shipping capacity as needed. As companies grow, it becomes more difficult for them to find the time to broker deals with trucking companies so many are turning to freight brokers like you to handle the task―to broker the deal, make all of the arrangements and make sure that the trucking companies have DOT compliance, a good credit record, and a clean driving record. It’s your responsibility to make sure everything goes smoothly and deal with any problems that arise.   

To be a successful broker, you need to ensure the fast and efficient delivery of goods.  Your relationships with shippers and carriers are your bread and butter. The very nature of your job requires a need to foster relationships with both shippers and carriers.  However, building a big database of customers can take years and even with a large collection of shippers and carriers at your disposal, there may be gaps in coverage. That’s why load posting on a superior load board is vital to any freight broker.  Load boards allow you to post loads that need to be shipped and find reliable truckers by seeing their credit report and driving history. Even the best brokers may not have trucking contacts everywhere. Load posting allows you to fill any gaps you may have in your service area and make it easy to post load details and get exposure to thousands of carriers looking for loads and building your list of contacts.  By fostering relationships with carriers, a good freight broker can provide vast shipping coverage and value combined with quality services.

With Direct Freight, posting loads couldn’t be easier. Loads can be posted for free but the monthly subscription allows access to credit reports, route weather, route planning, text alerts, load filtering, and other features to streamline load planning.  Because it’s web-based, the Direct Freight interface can be accessed anywhere via computer, and there’s also a mobile version for phones and tablets. Direct Freight is an indispensable tool to help freight brokers grow and maintain their business and build relationships with carriers and shippers all over the country.
If you’re a freight broker, Direct Freight is your key to success.  Call (888)894-4198 or go to www.directfreight.com, sign up for your free 14-day trial, and start load posting today!