What Is A Freight Broker?
Broker means a person who, for compensation, arranges, or offers to arrange, the transportation of property by an authorized motor carrier. Motor carriers, or persons who are employees or bona fide agents of carriers, are not brokers within the meaning of this section when they arrange or offer to arrange the transportation of shipments which they are authorized to transport and which they have accepted and legally bound themselves to transport.
A freight broker is an individual or company that serves as a liaison between another individual or company that needs shipping services and an authorized motor carrier. Though a freight broker plays an important role in the movement of cargo, the broker doesn't function as a shipper or a carrier. Instead, a freight broker works to determine the needs of a shipper and connects that shipper with a carrier willing to transport the items at an acceptable price.
Freight broker services are valuable to both shippers and motor carriers. Freight brokers help shippers find reliable carriers that might otherwise be difficult to locate. They assist motor carriers in filling their trucks and earning money for transporting a wide variety of items.
Freight brokers use their knowledge of the shipping industry and technological resources to help shippers and carriers accomplish their goals. Many companies find the services provided by freight brokers indispensable. In fact, some companies hire brokers to coordinate all of their shipping needs.
Often, freight brokers are confused with forwarders. Though a freight forwarder performs some of the same tasks as a freight broker, the two are not the same. A forwarder takes possession of the items being shipped, consolidates smaller shipments, and arranges for the transportation of the consolidated shipments. By contrast, a freight broker never takes possession of items being shipped thus in the absence of negligent entrustment, a freight broker is not normally involved as a party litigant in a cargo claim dispute, although as an accommodation, the freight broker may assist the shipper at their request and expense with filing freight claims.
What kind of Truckload Freight Broker Services does THT offer?
- Spot quotes for one-time Truckload freight shipments.
- Process dedicated lane truckload shipments and provide visibility through our freight management software.
- Specialized truckload freight shipments such as small vans, medium vans, temperature controlled/refrigerated, step-decks, dry bulk, containers, and more.
- Consults with shippers on the best method to ship in order to meet the goals of each freight shipment.
- Handles all communication with the carriers, decreasing the time you have to spend on the phone with multiple carriers.
- Our truckload freight specialists use proprietary transportation management system to create an online bill of lading, instantly emailed to the shipper.
- Choose carriers who are compliant based on factors such as driving record, hours of service, driver fitness, use of controlled substances, and vehicle maintenance based on MC Number.
- Fully manage and resolve freight claims using our Freight claims management services, allowing further savings as our shippers do not need additional resources for claims management.
Not sure what freight shipment mode is most advantageous for your business? Contact us to enquire about our transportation management solutions to help you realize both hard and soft cost freight savings.