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Freight Tec News

How to Find Freight Brokers You Can Trust

Finding freight brokers is easy. But finding freight brokers you can trust? That’s a much more difficult task — although not impossible. Some freight brokers out there won’t utilize the unfair tactics that many of their competitors embrace.

If you’re a freight agent, it’s worth a little extra time in the selection process to make sure you find a broker who enables you to rest easy. Pinpointing the right broker is much easier if you enter your search with a good idea of what to look for, such as:

Why Your Freight Broker Should Sign a Non-Compete

Peace of mind is one of those precious commodities that’s difficult to come by and even harder to guarantee. In the world of freight brokers, agents, shippers and carriers, peace of mind can serve as a welcomed constant amid a flurry of variables.

If you’re considering working with a freight broker, getting the company to sign an iron-clad non-compete is one of the best ways to find peace of mind in a sometimes tumultuous industry. Protecting your clients should be a priority not just for you, but for your broker as well.

A non-compete, non-disclosure document such as this one is simple yet powerful, stating the purpose and details as clearly as possible and emphasizing the interests of freight agents.

Compared to the few minutes it takes to review and sign a non-compete document, the impact is substantial. The benefits of a well-crafted non-compete include:

  • Protection against taking or transferring brokers, and against jeopardizing an agent’s business
  • Guaranteed right to take their business with them when the partnership ends
  • Assurance that the agent has sole ownership of his or her business; no other entity has a prior right of ownership or shared ownership
  • Protection of an agent’s business from the company’s internal brokerage and/or associated entities within a specified period of time after the partnership ends
  • Mutual agreement that the agent and broker will not jeopardize each other’s business during their business relationship and afterward, for a specified period of time
  • Monetary compensation if the non-compete agreement is breached by either party

Unwillingness by a freight agent or brokerage to adhere to guidelines such as those listed above raises questions about their intentions and integrity. Respect should go both ways in any relationship — and the agent-broker bond is no exception.

At Freight Tec, we sign a non-compete every time we partner with a freight agent. It’s a small but important component of building peace of mind.

Is Freight Brokerage Still A Good Business To Be In?

The short answer is: Yes.

Lets dive into why the industry is thriving. Todd Bryant of Bryant Surety Bonds lays out the facts in this article for JOC.com.

Here’s a summary:

Growing Demand:

Since January of 2014 Broker business has increased by 15%, and that grown still isn’t meeting demand.

Sound Income:

Brokers typically make more than the national salary average; and with control that comes with the business, you have the opportunity to increase your income.

Stable Industry:

Broker bonds were raised to $75,000 in 2013, as a result, the brokerages with low credit scores shut down, bringing in a new batch of more financially secure brokers.

Freight Tec carries a $100,000 bond, and was rated in the Top 100 Broker by Inc. Magazine.

Bright Future:

With increased demand, more robust Brokerages, and growing incomes, the business is more trustworthy and profitable than ever.

If you’re interested in changing careers and becoming a Freight Tec Agent, check out or Agent Program.

 

 

Driving Truck and Getting Back Home to Family

One of the very top values at Freight Tec is Family.

We believe in trying to find a different load for a Carrier, who wants to be home for the weekend to spend time with his family…  Taking care of some of the extra headaches for a Shipping Manager so he can spend more time with his family… or making sure our Agents and Employees get the time they need to spend with their own families. We consider each of these part of the our Freight Tec Family as well.

This article – Myths about the Trucking Industry – is about Truck Drivers in general, and it really struck a chord with me as I read it this morning.

Quoted from the article:

“Next time you see a semi-truck on the road, think about the driver behind the wheel, and realize he—or she—is a person just like you, working toward a goal, delivering goods you depend on, and looking forward to getting back home to family.”

If you get a chance, be sure to thank a Truck Driver – and at the very least, respect what they do and the part they play in keeping this country rolling.

Are you an Agent or Broker interested in joining the Freight Tec Family?

Earning Potential for Independent Freight Agents

Within the transportation industry, freight broker is one of the fastest growing professions, in large part due to the earning potential available to agents. So what can you expect from the profession? Tracy, one of our very own independent agents, tells us firsthand her experience as an agent.

Discover what could be your future in the transportation industry by listening to her personal story.

Take a Ride In a Self-Driving Semi

The automated, driverless vehicle is something we keep hearing more and more about. They could potentially remove the human error factor in driving, it could save a lot of lives. But it’s expensive, and not everyone is going to want to give up control of their vehicles.

But you have to admit, there’s something fascinating about the idea. Take a ride in world’s first road-ready self-driving truck:

What do you think? Is this our generation’s “Flying Car”? Fun to think about, but never gonna happen?

Is the Future of Freight Underground?

A company in the UK called Mole Solutions thinks so. They’ve designed pods, that would travel underground to deliver goods currently hauled by trucks. They travel via a computer controlled smart track, using electromagnets.

The company claims they could ship goods for 20% the cost of road shipping.

But is it feasible? Laying that much pipeline would be a massive undertaking that would take years, if not decades to complete.
What do you think? Are underground pipelines just a pipe dream?

Here’s some footage of the test pods in action:

TED Talk: How to Make Work-Life Balance Work

Nigel Marsh, thinks work-life balance is too important to be left in the hands of your employer.

He lays out his “ideal” day, working, taking time for himself, his wife, his kids, the dog, and friends. Nigel quickly realizes that ideal is just not possible.

He stresses the importance of not falling into the trap of “I’ll do it when I retire.” And reminds us that the little things matter.

He breaks down the problems with how we’re dealing with balancing career and having a full and fulfilling day.

This talk is from TEDxSydney.