Aurora Innovation (AUR) Surges
Aurora Innovation (AUR), the self-driving truck maker, opened up trading today up 44%. The reason behind the surge is that
Essential skills brokers need to handle tightening capacity, rate volatility, and market changes in 2025
Today's FreightCaviar newsletter is a guest post by Nick Dangles, Co-Founder of Sync Logistics Training, covering key broker skills for a shifting freight market in 2025.
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Everyone’s hoping 2025 will finally breathe some life into the freight market. How much life? That’s still up for debate, but any improvement is good news after a rough few years of waiting for the cycle to turn.
But since this is freight, I’ve got some bad news:
A ton of new brokers who entered the industry in the last couple of years have only experienced an easy market where freight almost moves itself. They’re used to posting a load, waiting for the phone to ring, and finding a carrier without breaking a sweat.
Unfortunately, that’s not how things work when the market tightens.
Freight brokerage is tough, especially when capacity shrinks. If the market does tighten, it’ll be a harsh reality check for those who haven’t been through it before.
So, how can you prepare your team for what’s ahead? Let’s break down key skills your team needs to handle a changing market:
When capacity tightens, waiting for carriers to call won’t cut it. If your team relies on posted loads and inbound calls, they’ll struggle when the phone stops ringing.
Tips to prepare:
As capacity tightens, rates will go up. Carriers will have more leverage, and brokers will need to manage rising costs while keeping customers happy.
Tips to prepare:
The silver lining? Customer acquisition gets easier in a tight market. As service failures increase, shippers look for reliable brokers who can step in and deliver.
Tips to prepare:
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As capacity tightens, some brokers will struggle to maintain service. Don’t be one of those brokers who lose business because they couldn’t keep up.
Tips to prepare:
How you handle shifting market conditions will make or break your customer relationships. Do it well, and you’ll earn long-term loyalty. Fail, and you’ll lose accounts.
Tips to prepare:
These are critical skills brokers need for a tighter market, but what if things stay flat in 2025? Even in a flat market, these skills matter. Whether capacity is tight or loose, the best brokerages invest in training to stay ahead.
Shameless plug: Everything in italics is covered in Sync Logistics Training.
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