freight broker News Updates

Confused about freight brokers vs. truck brokers? This quick video explains how they differ, who they serve, and their roles in shipping and logistics.

In the face of a challenging market downturn, freight brokers must continue to showcase remarkable resilience and adaptability. Through proactive strategies and innovative approaches, they can survive and thrive in adversity. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

The Federal Motor Carrier Safety Administration is amending its complex regulation pertaining to financial responsibility requirements for brokers of property and freight forwarders.

Throughout the pandemic-influenced years of 2020 through 2022, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight.

Federal trucking regulators  confirmed they plan to consider a request by the Owner-Operator Independent Drivers Association seeking a rulemaking on broker-shipper pricing transparency.

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

Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.

A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.

Double-brokering — when a carrier accepts a load and then illegally re-brokers it to another carrier — is on the rise, costing brokers and carriers millions of dollars.