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What is the difference between an Entrepreneur and a “Couchrepreneur?”

Freight Broker Training Blog - Tue, 04/11/2017 - 23:09
This is a really tough question for some people to answer.  Let’s face it, not everyone is cut out to be a successful freight broker or freight agent! I shot this quick video so I...
Categories: Freight Broker News

US shippers press truck brokers for sharper ‘visibility’

Trucking companies and brokers are adapting to shipper demands for shipment visibility from the highway to the end user. LAS VEGAS — Shippers, it is clear, want greater visibility into their supply chains, not just from trucking companies and shipping lines but from third-party logistics providers and brokers. In an electronic poll,...

US shipper demand for velocity, visibility reshaping trucking

Shippers' desire for a bird's eye view of shipments at all times helped increase demand for dedicated trucking services in 2016. Trucking is a changing business, driven by shipper demands. A new report on the largest 50 US motor carriers gives some indication of how trucking is changing and where, and...

Small US trucking companies bolster capacity

Shippers concerned about tightening US truck capacity may need to broaden their search for space to put freight. Large US truckload carriers are clawing back their own capacity by cutting trucks from their fleets, but a rise in the number of motor carriers at the other end of the for-hire trucking...

Loan gives Roadrunner room to breathe and run

Roadrunner Transportation must make numerous adjustments to keep up with a changing market. A short-term injection of cash will help trucking operator Roadrunner Transportation cover an increase in “seasonal” operating costs until it can get a long-term loan, which the company expects by the end of the month. At the same...

Technology firm, 3PL partner to unlock 'hidden' capacity

[caption]Genpro offices are likely to hum louder after the company joined forces with Cargo Chief.[/caption]If you want to sell anything, it’s a good idea to find a market, and that’s basically what transportation technology firm Cargo Chief did when it partnered with logistics operator Genpro. Chicago-based Cargo Chief’s partnership with Genpro...

XPO's new e-commerce service blends LTL, last-mile

[caption]XPO Logistics' warehouses are handling growing e-commerce volumes.[/caption]XPO Logistics is launching a new, e-commerce driven service combining elements of its contract logistics, less-than-truckload and last-mile delivery businesses that will give large online shippers end-to-end control over fulfillment, CEO Bradley S. Jacobs said Tuesday. The service, so new it has yet to...

3PLs turn to tech as e-commerce transforms 'middle mile'

[caption]E-commerce is physically reshaping supply chains and putting greater demands on brokers and transportation providers.[/caption]As e-commerce intensifies interest in final-mile delivery, don’t forget the “middle mile.” Freight brokers and third-party logistics providers will have to do more to optimize the transport segment between the port or plant or warehouse and the...

US shippers to demand more of tech suppliers in 2017

Shippers concerned about the potential for surface transportation price hikes this year are looking for technology that will help them control costs, and that’s good news for Mark Williams. The software executive joined uShip, the auction-based online transportation marketplace, as CEO Wednesday, and his first priority is to expand the...

C.H. Robinson girds for US truckload pricing battles

Continued gains in US less-than-truckload and international forwarding markets absorbed some of the blow lower US truckload rates and revenue delivered to C.H. Robinson in the quarter. Shippers can expect logistics providers and freight brokers, including C.H. Robinson, to dig deeper into LTL markets in 2017 as they pursue greater...

Dedicated trucking demand drives J.B. Hunt

Unsated shipper demand for dedicated trucking services helped J.B. Hunt Transport Services to higher profit and revenue in the fourth quarter, underscoring the growing importance of the Dedicated Contract Services division to the $6.6 billion transport company and its customers. Dedicated trucking accounted for 23 percent of J.B. Hunt revenue in...

UPS enters European truckload market

[caption]The acquisition gives UPS entry into the international freight brokerage market.[/caption]UPS is entering the truck freight brokerage business in Europe by acquiring Freightex, a British asset-light provider of truckload, less-than-truckload, specialized, and refrigerated trucking. The global transportation company will align Freightex with its US brokerage subsidiary, Coyote Logistics, building a...

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