It may not sound like a lot, but $61.65 is a new record for average net profit per load for freight brokers. That bottom line number was the outcome of $1,578 in gross revenue per load and a 14.5% gross profit margin. Costs were up in October, too, but the boost to load volume more than made up for the extra expenses.
Now you know why an extra $25 either way could make a big difference to the broker
As September ramps up with back-to-school demand, product launches, and early holiday prep, supply chains become a prime target for
Transportation costs can feel like a moving target. For small and mid-size businesses, managing these expenses is a constant balancing
The freight industry operates in a constant state of controlled chaos. Market volatility swings wildly, capacity tightens and loosens without