Freight brokerage isn’t what it used to be — thankfully, neither is freight brokerage software. One major thing that has changed is simply the way the term “broker” is used. I’ve seen how a lot of shippers refer to brokers, especially in comments online — it’s not always very nice. That being said, there is definitely a difference between what a broker does and what a full-on third party logistics provider

This year, the TIA conference is taking place at the Red Rock Casino Resort & Spa, in Las Vegas, Nevada.  It’ll run April 5th through April 8th, and the trade show floor is completely sold out – meaning a packed conference for all attendees. If you’re attending, you might be wondering the best way to get the most out of your time at the conference. Since this is the largest

A Transportation Management System is an integral part of the freight brokerage business. More often than not, a good TMS is the deciding factor of who wins and who loses in this industry. Tools have been essential to humanity since the dawn of time. Unsurprisingly, that is no different in today’s business world. TMS is the essential tool for our industry. WHETHER YOU’RE A NEW FREIGHT BROKER OR YOU’VE BEEN

You’ve probably heard the phrase “work smarter, not harder”. You also probably apply that to quite a few aspects of your life. That kind of thinking applies to freight brokerages, too.  Particularly when it comes to managing your truckloads. The more successful your business, the more truckloads you’re managing at any point in time.  And to keep your business successful, those truckloads have to be transported without a hitch, and

You have a sales team (however large or small it might be), whose sole purpose is to source and book shipments for your freight brokerage. They call the customers, they get quotes for the customers, they figure out rates and services for the customers.  They spend their entire day on the phone, or on their email, helping customers book shipments – and when they’re not doing that, they’re trying to

Starting a freight brokerage business can certainly seem like a mountain of a task—and it is. Look, I’m not going to pretend that starting and running your own business is simple, straightforward, or in any way easy. It’s hard. It takes time, discipline, effort, great ideas, greater people, and a willingness to bend over backwards for clients and carriers. We’ve written before about how to be a freight broker, how

When it comes to the world of freight brokerage, margins are thin on the best of days.  Though working hard to achieve efficiency (and to keep operational costs down) is crucial to success, supply chain optimization (for freight brokers who are serious about growing their business, anyway) can help you clear some healthy profit margins and actually walk away with a little cash in your pocket at the end of

In the less than truckload world, businesses succeed on razor thin margins. As Jeff Bezos once said, “Your margin is my opportunity.” To prevent your competitors from seizing the opportunities in your margins, you need an efficient, effective system for running your third party logistics business. You need insight into those margins for each LTL shipment you manage, and you need a way to review all the information in manageable

Roadrunner Transportation has been in the news lately due to their need to restate their financial statements for their quarterly earnings as far back as 2014. They’re investigating errors in unreconciled balance sheets, as well as issues with their internal controls. These errors are adding up to huge adjustments – somewhere between $20 and $25 million. Your company may not be as large as Roadrunner Transportation, but you may be

Looking for a new third party logistics software can be a headache, especially once you start comparing the pricing.  What’s worth paying more for?  What’s not? What’s worth paying for at all?  When it comes to the 3PL software that keeps your business running smoothly, free isn’t likely to be the best option. FREE IS RARELY ACTUALLY FREE. The best software options aren’t free for a reason – it takes