In 2021, businesses transported more than $1.33 trillion in freight through various transportation methods, such as trucks and trains. Two key players that enable this complex market to succeed are freight forwarders and freight brokers.While many consider the terms freight forwarders and freight brokers to be interchangeable, these industry assets [...]
Tight capacity in the spot market and economic hardships have led to double brokering schemes rising rapidly. In this article, we discuss double brokering and why carriers should be vigilant in vetting brokers. What is Double Brokering? Double brokering occurs when a shipper hands off their freight expecting a broker [...]
How to Start Your Own Trucking Company in 2023Starting a trucking company can be an intimidating business operation. But with help from trucking industry experts, it doesn’t need to be. Whether you have been a company truck driver with an established carrier or a new owner-operator, starting a trucking business [...]
Common Business Structures for Trucking CompaniesOne of the most critical steps in starting your own trucking company is deciding what business entity you want to form. There are two roads you can go down when forming your business entity and filing for trucking authority:Sole ProprietorshipLimited Liability Company (LLC)PartnershipCorporationIf you’re still confused [...]