5 Steps to Integrate Aspects of Work and Life as a Freight Broker

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The idea of striking a balance between life and work components becomes appealing to people who seek purpose amid the competitive nature of global economy. In the increasingly digitalization in our lifetime, more and more professionals in different…

Freight Brokerage Fundamentals – Internet Load Boards

A freight broker is defined as a middleman who connects a shipper, who needs cargo to be delivered; to a carrier, who delivers the cargo to its designated destination, and earns commissions based on the difference between a shipper’s payment…

Impact of TIA Key Guide Updates on Freight Brokers

The Transportation Intermediaries Association (TIA) updated two of its key publications for freight brokers back in April. These updates reflect FMCSA regulatory changes including the new food safety rules established by the Food and Drug Administration…

How a Freight Broker can Save Time and Money with Rendition Billing

Rendition billing saves a freight broker time and money by automating the invoicing process. A freight brokerage business with a decently-sized client base typically needs several people to handle its Accounts Receivable, Billing, Carrier Settlements,…

Benefits of Automated Invoicing for a Freight Broker

Invoicing is an important part of freight brokerage, as your profits are directly affected by how well you manage your invoices. Though several freight brokers still use the traditional model of invoicing, the majority of players in the industry…

Three Challenges to Overcome by Freight Brokers in 2017

Freight industry is one of the prolific yet untapped enterprises in the United States. That is why business owners and industry players alike consider the area as a greener pasture, because due to the inherently huge return of investment. Trucking…

Accounting Errors That May Sneak up on Your Bond Cost

Trucking industry may be a multi-billion dollar enterprise that promises opportunities for agents, brokers, and carriers to make a fortune. However, the industry is no exempt for uncertainties that may come out of fluctuating market forces,…

4 Ways the Change in ‘Hour of Service’ Affect Freight Brokers

The Hour of Service or most commonly known as HOS is a term used in the truck industry to describe the hours of operations of freight carriers or drivers to deliver hauls from one place to another. A change in regulation in determining hours…

5 Tips to Contemplate to Succeed as a Freight Broker

Transportation is a $1 trillion industry in the United States alone, exceeding growth annually and commanding other related industries. In fact, the trucking industry alone owns more than half of the portion with $600 billion share, adding 21%…