Best Practices for Working with Load Boards and Freight Brokers

1. Best Practices for Working with Load Boards and Freight Brokers Brokers Brokers A reputed trucking company helps to have trusted connection between shippers and carriers. If you run load load b board one, you have reliable resources that can benefit your business in the long run. oard Company or starting a new Here are seven tips that will give your company an edge in securing quality loads: Work directly with shippers Work directly with shippers Working with trusted shipping industries can help you move your load at a reasonable rate. It eliminates the additional cost as you are dealing

2. with a freight broker or third party logistics provider. Having an online inventory database can also reduce paperwork and administrative hurdles. So it is recommended that at least half of your loads should come from direct customers. Shop around for online load boards. Shop around for online load boards. There are hundreds, thousands of load boards free, others charge a monthly subscription. Do some research before finding the best load best load board that board that fits fits your rates possible. load boards on the Internet. Some are your needs needs and available at the best Know your bottom dollar rate. Know your bottom dollar rate. Keep the track of your company’s finances and knows its break-even point at any given time. Hope this prior knowledge can save your valuable time in selecting loads and negotiating rates. Be Be patient and persistent. patient and persistent. Sometimes searching the best load takes several hours and dozens of phone calls that can pay an acceptable amount. Be professional and selective, do not settle for low rates or loads that do not benefit your business. Find brokers Find brokers you trust. you trust. Be careful when selecting a broker. Some brokers are lacking knowledge about the trucking business. Before working with a broker, check their online ratings and ask for personal references. Minimize your deadhead miles. Minimize your deadhead miles. Calculate what the return trip will cost you. Are you willing to take on deadhead miles or is there a return shipment available that will make the trip more profitable?

3. Take advantage of the driver shortage. Take advantage of the driver shortage. That means there should be quality loads at competitive rates for trucking fleets of all sizes.