Whether you think they are a necessary evil or run a brokerage business yourself, there’s little doubt that freight brokers and third-party logistics providers are an integral part of the transportation and logistics industry.
October 26, 2020
Freight rates on the spot market in April plunged to five-year lows, thanks to plummeting demand caused by the COVID-19 pandemic. It's so bad, owner-operators have been protesting all over the country, calling for more broker regulation. But is it really a broker problem? Or classic supply and demand?
May 6, 2020
For one logistics company, the need for employees to work from home during the COVID-19 pandemic has been made easier with technology. In fact, ProServ Logistics had a head start, as some of its employees were already working remotely.
March 26, 2020
DAT Solutions announced a pilot program for a suite of new rate forecasting and market analysis tools in January ahead of a commercial launch in April. In this HDT interview, we asked the company how this new capability works and how it benefits shippers, brokers and carriers alike.
February 7, 2020
It’s not hard for a motor carrier to set up a brokerage arm— it mostly requires filing paperwork, paying some fees, and arranging a financial bond.
November 22, 2019
If the words “artificial intelligence” conjure up an image of Skynet in the Terminator movies, it’s time to think again. There are real-world transportation companies using AI to do their work better, faster, and more effectively – and they could be your competition.
August 27, 2019
Freight brokers hold an essential position in the U.S. transportation industry. They are indispensable middlemen who help cargo get shipped. But when it comes to the freight broker profession, the myths you can hear can be quite wild — and far from reality.
July 25, 2019
Transplace says it's the largest transportation management provider in the country. HDT's Deborah Lockridge interviewed Jeff Thomas, senior vice president of capacity services for the 3PL, about relationships between carriers, shippers, and brokers, and how technology is changing that dynamic.
July 22, 2019
Three years ago, the company Convoy was founded with the goal of using technology to provide an Uber-like service for booking on-demand freight shipments. Investors like Jeff Bezos and Waymo-parent Alphabet have invested in the company, which recently surpassed $1 billion in valuation. HDT's Deborah Lockridge checked in to see what the company is working on now.
December 3, 2018
FR8Star CEO Matt Kropp brings an outsider's fresh perspective to trucking technology. In this exclusive interview, he shares his thoughts on ELDs, autonomous trucks, blockchain, and more.
March 23, 2018
As if productivity and driver retention weren’t enough to make detention an important problem, it’s also a safety issue.
August 15, 2016
According to a report by consultancy firm Frost & Sullivan, mobile apps are leading the way to what they call “the Uberization” of trucking, or mobile-based freight brokering.
November 18, 2015
The FMCSA has revoked the operating authority of 8,180 brokers since Dec. 2, the date the federal agency began revoking authority from brokers without a $75,000 bond.
December 12, 2013
Freight brokers, like trucking companies, have traditionally represented the American spirit of independence and entrepreneurship. Some people, however, fear that the changes brought about by the Moving Ahead for Progress in the 21st Century Act (MAP-21), which recently took effect, are about to change this.
November 13, 2013
As of Oct. 1, all FMCSA-registered freight brokers and forwarders must have proof of a $75,000 surety bond or trust fund. While much has been reported about the FMCSA’s 60-day phase in period, the fact remains you need a $75K bond or trust in place now in order to legally operate.
October 9, 2013