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, 2021
The Transportation Intermediaries Association is asking federal regulators to sunset a decades-old regulation that the group argues is out of alignment with today’s brokerage marketplace.
In theory, the idea of an on-demand freight marketplace sounds great. In fact, there has been a big push and a great deal of investment made into automating freight brokerage or non-asset logistics.
Freight brokers’ profit margins continue to improve, based on the latest report from the Transportation Intermediaries Association, which showed both year-over-year and sequential progress in the first quarter.June 6, 2016
Transportation technology supplier FourKites Inc. has introduced CarrierLink, a load-tracking service for freight brokers that monitors a shipment’s location via a mobile application on drivers’ smartphones.September 8, 2015
Brokers’ profit margins for truckload freight hit a three- year high during the second quarter as capacity continued to tighten, a new report said.September 1, 2014
TUCSON, Ariz. — The Transportation Intermediaries Association took a step to help brokers combat fraud by issuing a report that stresses preventing theft-related losses.April 21, 2014
The Association of Independent Property Brokers and Agents has asked the federal government to exempt all brokers from the new requirement that they each obtain surety bonds of at least $75,000.December 27, 2013
A federal appeals court denied a request to postpone enforcement of a Federal Motor Carrier Safety Administration rule that would increase to $75,000 from $10,000 the minimum amount of a surety bond the businesses must carry.
Freight brokers’ truckload profit margins are under growing pressure, which is helping trucking fleets gain some pricing power, industry officials said.October 21, 2013