Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses...
Amidst the heating broker transparency debate, one Chicago-based freight broker has decided to stir up the pot even more among carriers and truck drivers.
Jared Kreiter, former President of Brokerage at CDL 1000 and now CEO of Kreiter Transport Group, shared a story on LinkedIn about making $215,000 USD in just an hour from Walgreens loads.
Jared Kreiter
Timothy Dooner of FreightWaves tweeted, "Alright, maybe broker transparency isn’t such a bad thing after all."
Alright, maybe broker transparency isn’t such a bad thing afterall pic.twitter.com/fiQrwFfkN2
— Dooner 🇺🇸 (@TimothyDooner) July 23, 2024
We took the opportunity to ask our Instagram followers about their best days as freight brokers. Here are some of their responses:
Special damages, also known as consequential damages, are extra costs not automatically covered by the carrier. They arise from the consequences of damaged or delayed freight. Here's what brokers and shippers need to know.
Darren also revealed they’re developing a new platform designed exclusively for carriers.
In 2023, the top 10 brokerages earned $53.25 billion in gross revenue. In 2024, that figure dropped to $43.77 billion — an almost 18% decrease.
Revealed through a detailed look at data from ISO's network of brokers. Explore key insights from the ISO Service Index Benchmark Report.
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