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As a carrier or owner-operator, rate negotiations can be frustrating. It takes valuable time and energy to come to an agreement that works for both you and the broker. But knowing how to negotiate freight rates or load rates is critical to a successful business. Good rates mean more money in your pocket and a
Whether you are operating just one trailer or a fleet of trucks, you’re part of one of this country’s biggest industries. According to the US Department of Transportation, the U.S. freight market accounts for more than $1.1 trillion of business each year and handles more than 17.7 billion tons of goods. America’s freight haulers help
Refrigerated trucking companies provide a valuable service for our country. By transporting fresh produce, groceries, medical supplies, and other temperature-sensitive goods, refrigerated trucks make it possible for stores to keep their shelves stocked and consumers to buy what they want. A significant percentage of the trucks you see on the highway are refrigerated trucks (reefer
Trucks transport more than 11 billion tons of freight each year in the U.S. That is more than 3 million tons shipping every day of the year. While most trailers are hauling full truckloads (FTL), less than truckload (LTL) freight shipping accounts for as much as 10% of industry revenue. LTL freight shipping works well
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
