Transportation technology provider Trucker Path is launching a new brokerage service offering designed for small to midsize freight brokers, the company announced April 3.

A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.

Let's start with a simple truth: there's essentially no difference between the terms 'freight broker' and 'truck broker.' However, 'freight broker' is the term you'll hear most often in the trucking industry. It's the go-to phrase for professionals, largely because freight brokers mainly work with trucks. So, yes, a 'truck broker' is just another name for a freight broker.

Freight brokerage, warehousing and dedicated carriage operations saw significant growth in 2022, while rocky international freight demand kept forwarders on the ropes.

Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts.

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.

Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.

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.

Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.

Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.