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Do Low Spot Freight Rates Mean Brokers Are Gouging Truckers?

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?

McLeod Adds Digital Freight-Matching API for PowerBroker

McLeod Software introduced a new digital freight matching (DFM) web service API for its PowerBroker TMS product. This web service allows McLeod customers to integrate third-party providers of available freight and capacity-matching solutions into their brokerage operations.