Top 3 Functions of a Freight Broker

Cost Efficiency

• By leveraging extensive networks and understanding market conditions, non-asset brokers secure competitive rates to handle shipments for their domestic customers. Domestic meaning shipments within North America.
• Moving goods efficiently at competitive prices remains one of the biggest challenges for businesses involved in domestic shipping.

Flexibility & Scale

• They adapt quickly to your changing needs and bring valuable industry insights that allow them to scale a company’s freight capacity requirements at a low cost variable cost model.
• Immediate access to the highly fragmented truckload market through their alliances and technology ensures capacity when you need it most.
• The most significant advantage provided by freight brokers comes from their ability to offer additional capacity options through established carrier networks.
  • In periods of high demand where securing freight capacity might be challenging directly through single providers, brokers’ relationships allow them access even during peak times – effectively broadening your choices without compromising on efficiency or timelines.

Freight Market Expertise

• Freight brokers have access to an incredible amount of data and when called upon can bring that data to shippers to help them optimize their complete supply chain distribution strategy for cost and service.
• Not only do they save time otherwise spent vetting potential carriers, but also mitigate risks associated with navigating ever-changing compliance landscapes. Without needing deep knowledge of all legal requirements, businesses benefit significantly from broker’s expertise ensuring smooth operations.
• For many companies, especially small-to-medium enterprises lacking large-scale logistics departments, freight brokers provide invaluable help.
  • Some freight brokers bring scalable technology and resources to small to medium sized companies through freight management programs that manage everything from the tender of shipments to final delivery, freight audit and pay, and extensive reporting to further enhance a company’s supply chain strategy to build a competitive advantage.