As a freight broker or 3PL, the success of your business hinges on your ability to source capacity for your customers. Over the last several years, economic volatility, the disruptions caused by the COVID-19 pandemic, and a sharp increase in the number of small carriers and owner operators in the market have made sourcing capacity more challenging than ever. Thankfully,…
When time is lost in the supply chain, it impacts your shippers’ revenue. If you can’t easily find a truck to move a shipper’s load, that means the freight is sitting in a warehouse or on a dock longer than it should be, impacting the shipper’s operations and inflating the costs associated with moving the load. One of the best…
Turvo, the world’s leading collaborative logistics provider, recently announced a new partnership with real-time visibility and carrier relationship management platform Trucker Tools. This partnership involves integrating Trucker Tools’ Smart Capacity platform with Turvo’s collaborative TMS solutions. Freight brokers and third party logistics companies can access Trucker Tools’ real-time visibility, digital freight matching, and Book-It-Now® capabilities on Turvo’s Collaboration Cloud platform.…
Welcome to your midweek edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for fleets and drivers. In this and every edition of “Where’s the Freight?,” you’ll discover where demand for flatbed, reefer, power only and dry van capacity will be highest and lowest over the next five to seven day period. This week, the New Castle, Del., power…
If you’re the owner of a freight brokerage or 3PL company, you’re always looking for ways to grow your gross profit margins on loads. For each load that you move, your goal is to reduce the direct expenses associated with that load. As a service-based business that doesn’t manufacture a physical product, increasing operational efficiency is one of the most…
As a technology company, we recognize that when different software platforms can share data, it benefits everyone, whether you’re a freight broker, logistics company, fleet manager or driver. That’s why Trucker Tools’ broker/3PL software platform Smart Capacity now integrates with 81 of the most popular ELDs in use today. We’re excited to announce that our newest ELD integration partnership is…
The use of real-time visibility (also known as digital load tracking) technology has grown immensely over the last four to five years. What used to be a nice-to-have service offering for freight brokers and 3PLs to provide to their customers has become a mandatory service offering for many freight brokers and logistics providers. Not so long ago, real-time visibility was…
Over the last few years, there’s been considerable buzz in the industry around digital freight matching technology and rightfully so. Digital freight matching provides a host of benefits to freight brokers and logistics providers like you — and to owner operators and carriers. When digital freight matching technology first came on the scene, it was only affordable to the biggest…
June is National Safety Month, which makes it the perfect time to raise awareness about cargo theft in the transportation industry. Despite some previous dips in theft rates during the last 18 months, CargoNet is reporting that theft activity was more than 15 percent higher in the first quarter of 2022 than it was before the pandemic began. With the…
As FreightWaves analyst Kevin Hill notes in a recent blog, profitability is key for freight brokerages and logistics businesses. Unlike top-line revenue, gross margins are what matter most because they reflect true profit — the difference between the revenue you earn from your shippers and your expenses. “Automating as many processes as possible boosts productivity and increases profitability across…
