Calculating the best truck freight rates can be complex. While you need to be competitive, you also need to be profitable. It’s tricky to constantly weigh supply and demand to offer a competitive rate that still makes you money. You need to take into account your fixed costs. These are the expenses you’ll pay every
Less than truckload freight (LTL) is a good way for carriers to fill trailers with multiple stops in a single area that make their loads more worthwhile and profitable. However, finding these loads takes a certain amount of work, and doing it quickly and efficiently is vital to a carrier’s success. That is where an
Technology has disrupted many industries worldwide, but most people don’t think about its impact on the freight and cargo industry. One of the chief impacts has been in spot freight rates, or spot-buy freight, as it is often called. While traditionally, spot freight is used to find rates for a last-minute shipment, it’s becoming a
A common load type involves a “reefer truck” designed for loads that need to be temperature controlled during the shipping process. These loads can include anything from refrigerated items like produce and other perishables to frozen foods or even medical supplies. Because reefer trailers are more expensive to run and maintain, reefer load rates are
Good for a variety of shipping needs, dry vans are one of the most common trailers on the road today. While not climate controlled, dry vans are easily secured and still protect goods from the elements. Shippers choose different types of dry vans depending on the cargo being shipped. Sometimes they need more than one
Maintaining your equipment, managing your business relationships, and controlling fuel costs are important parts of running an effective trucking business. But cash flow may be the most important piece in keeping your business operational and profitable. It’s a good idea to keep a reserve of cash that you can tap into in difficult times. Lining
Broker and carrier negotiations can be tough. Don’t ruin the negotiation process before you even start! Try these tips to keep negotiations on track.
Negotiating good rates is critical to a successful business. Here are the top tips to use when negotiating with brokers or shippers to make sure you’re getting the best rates possible.