The Current State of the Freight Brokerage Environment
Photo by Jim Allen Long-lived, loose freight market environments are extremely challenging for freight brokerages, but if the market tightens sharply, many brokers will experience a nightmare scenario, with all of their contracts falling under water. Many brokerages’ books of business consist of a mix of transactional spot and managed transportation/contract activity. Tight markets favor […]
Carrier freight pricing guidance: the value of peer, market, & and historical freight invoice data
Take a moment to think about the pitfalls of profitability over the past year. Going back to spring 2020, it’s easy to see where the problems began. According to TruckingInfo, “As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of […]
