5 Key Takeaways on the Road to Dominating Freights

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The Benefits of Mobile Freight Marketplace

The mobile freight marketplace has now a mainstay in the transportation industry for more than a decade now. It has helped lots of companies that participate in an open freight market to connect each other via the internet. With the open freight market, the freight carriers are covering freight loads but only the ones that aren’t under long term contract. It’s basically the biggest segment of truck load freight industry and with 80 percent of the trucking companies with less than 20 trucks, open freight market is for sure here to stay.

But before the existence of freight load boards, freight brokers working for shippers or the shippers themselves need to directly call the freight carriers in person to be able to source the available truck capacity in hauling the freight loads. As for the value of freight broker to shipper, it’s the relationship with certified quality carriers and at the same time, on how fast they’ll be able to source the available carriers to haul the loads.

From the time when stable and fast internet has came to existence, the freight load boards has come next. Freight load boards are sites that are designed mainly to publish info about open market freight loads. This made it feasible for all the participating freight brokers to show pertinent details to the open market freight loads. It lets the freight broker have broader reach in publishing info regarding the loads they can carry.

A minimum distance of around 500 miles or even more is what most these loads can cover. In relation to the sizes, this could be about FTL or Full Truck Load or LTL meaning Less Than Truckload. They might be standard freight which may be hauled in a 53 feet van trailer or freight which is standard and can require specialized equipment like flatbed, drop deck, curtain side, refrigerated, bulk hopper or other trailers specifically designed to the cargo that has to be hauled. Freight load board is created in a way that carriers searching for freight to haul can look as per distance, location as well as freight type.

Mobile freight marketplace was a big step in the freight industry from the time it has become available. They made it possible to have faster communication regarding the spot market. On the other hand, with the continuous advancements and developments of internet technology for the past few decades, freight load boards have done a bit in improving their services or its platforms to make the most of new technologies. This is why most of these websites even the premium ones still look the same. But this shouldn’t be a problem so long as it meets its purpose.

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