Research Corner: Brokerage Margins Expanded In Q2, Why?

The second quarter was relatively strong for freight brokerages, both pure plays like C.H. Robinson and those within larger transportation companies like J.B. Hunt’s Integrated Capacity Solutions (ICS). As the freight market softened throughout the quarter, brokerages were largely able to expand margins as expected during the beginning of a down cycle.

FreightWaves’ head of research and communities Kevin Hill and senior analyst Tony Mulvey highlight below why freight brokerages were able to expand their margins in Q2 on this week’s edition of the Research Corner.

Check out FreightWaves’ YouTube channel for more supply chain content.

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What's the SONAR ROI?

By increasing the number of loaded miles per day your drivers drive by 1% and your rate per mile by $0.03 you will make more per week #WithSONAR.

#WithSONAR you can save up to per week through better bid negotiations and more effective management of your routing guide.

#WithSonar you can add 1 more load per person each day and increase $5 margin per load, earning your company an extra per week.

Disclaimer: Every company’s circumstances are unique. Fixed and variable expenses, market conditions and operational factors vary. Unforeseen events may also affect results. Calculated potential results reflect the consensus expectation of FreightWaves’ experts. Actual results may vary.

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