Gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable, according to a report from DAT Solutions.
Cost Cutting, Lower Rates Keep Brokers Profitable
Gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions and lower rates allowed them to stay profitable.

Gross margins and revenues were down for freight brokers in the third quarter of 2019, however, cost reductions and lower rates still allowed them to stay profitable.
Source: DAT Solutions
Gross margins were down to 16.1% for freight brokers in the third quarter, down from 16.8% in the second quarter, but they were up compared to the 15% margins of a year ago. Margins remained healthy due to lower spot market rates, which lowered the cost of transportation for brokers.
Operating profit was at 32% of net revenue, beating Q2 results by 7%, but was down 18% compared to the record highs experienced during Q3 of 2018. Cost reductions supported the bottom line, according to DAT, due to brokers cutting labor and non-labor expenses.
The quarterly average load count has remained mostly steady in 2019, with load counts decreasing by just 1% compared to the second quarter. As with most of these metrics, load counts peaked in Q3 2018 at 7% higher than Q3 2019.
Overall, brokers averaged $77 of profit per load, only 2% down from the previous quarter, but 14% below the highs of Q3 2018. Revenue per load averaged $1,511 in the most recent quarter.
DAT’s benchmark data is drawn from the TMS systems of nearly 100 freight brokers and 3PLs with average 2018 revenue of $13.8 million, a 16% increase compared to 2017. Prior year results, as well as the current report, have been re-stated as of the first quarter of 2019, to exclude outliers.
More Fleet Management

Fleet Managers Invited to Apply for Exclusive HDT Exchange Event
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
Fleet Managers Invited to Apply for Exclusive HDT Exchange Event
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
Fleet Managers Invited to Apply for Exclusive HDT Exchange Event
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster
New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
Read More →
Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
Read More →
DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften
DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.
Read More →
Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.
Read More →
Federal Court Lets NYC Congestion Pricing Continue
A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
Read More →
Federal Court Lets NYC Congestion Pricing Continue
A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
Read More →
Fontaine Modification Launches Real-Time Truck Modification Tracking Portal
Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”
Read More →
