In a strong freight market and tight capacity environment, the largest freight brokerage firms in North America were able to grow their businesses by significant margins in 2021 as they worked to solve shippers’ transportation challenges. Other sectors were also filled with noteworthy performers.
April 8, 2022freight broker News Updates
Explore comprehensive freight brokerage news and analysis covering the business, technology and regulatory forces shaping modern logistics. Transport Topics delivers in-depth reporting on market dynamics, digital platforms and strategies that connect shippers and carriers across the supply chain. Stay informed on the trends, innovations and policy developments influencing how freight brokers operate and compete in today’s fast-evolving transportation marketplace.
Brokers Expect Rising Contract Rates for 2022
Freight brokerage firms are anticipating that contract rates will keep rising this year, with a slowdown not expected until year’s end.
March 3, 2022Automating the Spot Quote Process for Full Truckload Brokers
Most freight brokers are inundated with incoming emails from customers looking for a spot quote. Tai Email Assistant is a feature within Tai TMS that uses AI to extract shipment details from incoming quote requests and automatically responds with a quote in minutes.
February 1, 2022What Can Freight Brokers Do When It’s Tough To Find Load Coverage?
Freight brokers are on the front lines of the trucking industry. They act as an intermediary between shippers and carriers, which is not an easy job.
December 1, 2021Geodis Expands Freight Brokerage Capacity With Velocity Acquisition
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.
July 9, 2021C.H. Robinson Petitions Supreme Court to Hear Negligent Hiring Case
C.H. Robinson Worldwide Inc. has asked the U.S. Supreme Court to overturn a federal appellate court decision involving a personal injury suit accusing the freight broker of negligent hiring.
June 4, 2021For Freight Brokers, Managing Data Key as Volume Grows, Experts Say
Artificial intelligence and machine learning are two expanding means logistics companies can use to gather and process tremendous amounts of data surrounding freight shipments.
May 18, 2021Shippers Might Pay More for Cargo in 2021, C.H. Robinson Says
Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.
September 22, 2020Circle Logistics Begins Posting Loads on NextLOAD
Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.
September 4, 2020Digital Freight Sector Responds to Coronavirus Outbreak
Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.
March 23, 2020