Posted: 31 Oct, 2018 by Steve Blair

Freight brokers posted solid revenue gains and good cost controls in the third quarter, for a sharp increase in net operating profits. Gross margins averaged 13.1% in Q3, which is disappointing, but still the best quarterly result so far this year. This report is derived from the monthly financial r...

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Posted: 30 Oct, 2018 by Peggy Dorf

Demand for vans continues to heat up on the West Coast, boosting load-to-truck ratios in California, Oregon, Idaho, and Utah. This trend repeats every year, as consumer goods from Asia arrive at the ports and begin the eastward journey to regional distribution centers throughout the country. Expect ...

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Posted: 23 Oct, 2018 by Peggy Dorf

West Coast van freight heated up last week, especially in the Los Angeles market. Blame the weather. Even from a great distance, three September storms had an impact on California cargo in mid-October.  In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freig...

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Posted: 18 Oct, 2018 by Steve Blair

Freight broker gross margins recovered to 14.6% in August, after nearly a year of sub-par results. Truckload rates slipped lower that month, which made it easier for brokers to manage their biggest cost. As a result, profit exceeded $76 per load, which may not sound like a lot, but it's the highest ...

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Posted: 18 Oct, 2018 by Chad Boblett

When demand for trucks slows down, like it does every year during this time, the trend among many owner-operators is to pre-book loads to stay employed until the really good stuff comes out in later in the year. If it's a broker's market, then I try to spend less time getting a really great one-time...

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Posted: 16 Oct, 2018 by Matt Sullivan

Once again, the supply chains were dealt a major disruption last week from Mother Nature. With Hurricane Florence, the advanced warning allowed businesses to plan ahead, reschedule shipments and reposition their trucks. Hurricane Michael, on the other hand, went from a tropical depression to a Categ...

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