Court Rules Insurer Can't Sue Broker in Fraudulent Carrier Case
A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.
Reports of Double-Brokering Increase
Double-brokering — when a carrier accepts a load and then illegally re-brokers it to another carrier — is on the rise, costing brokers and carriers millions of dollars.
FMCSA Proposes Financial Security Requirements for Freight Forwarders
The Federal Motor Carrier Safety Administration has issued a proposed rule that establishes financial security requirements for freight forwarders, taking further action on legislation that stretches back more than a decade.
Freight Market Volatility Highlights Importance of Broker-Carrier Relationships
The freight market volatility of the past few years has created an even greater need for carriers and brokers to strengthen their business relationships, especially as uncertainty and supply chain disruptions persist.
Market Growth, Mergers Adjust Logistics Sector Rankings
In a strong freight market and tight capacity environment, the largest freight brokerage firms in North America were able to grow their businesses by significant margins in 2021 as they worked to solve shippers’ transportation challenges. Other sectors were also filled with noteworthy performers.
Brokers Expect Rising Contract Rates for 2022
Freight brokerage firms are anticipating that contract rates will keep rising this year, with a slowdown not expected until year’s end.
What Can Freight Brokers Do When It’s Tough To Find Load Coverage?
Freight brokers are on the front lines of the trucking industry. They act as an intermediary between shippers and carriers, which is not an easy job.
December 1, 2021C.H. Robinson Petitions Supreme Court to Hear Negligent Hiring Case
C.H. Robinson Worldwide Inc. has asked the U.S. Supreme Court to overturn a federal appellate court decision involving a personal injury suit accusing the freight broker of negligent hiring.
For Freight Brokers, Managing Data Key as Volume Grows, Experts Say
Artificial intelligence and machine learning are two expanding means logistics companies can use to gather and process tremendous amounts of data surrounding freight shipments.
Cargo Chief Enhances Carrier Management Platform
Cargo Chief announced the release of version 3.0 of its C4 carrier management platform aimed at helping brokers find “backhaul full truckload carriers in the over-the-road industry.”
February 7, 2020