Shippers Giving One Load to Multiple Freight Brokers
What happens when a Shipper gives one load to multiple freight brokers in order to find a truck? Market Distortion, and it’s Expensive for Shippers. An interesting Market Distortion occurs when Shippers call multiple Brokers to move their load(s). When a Broker receives a call from the Shipper to move a load on a particular […]
Oil Speculation
In January of this year, the Commodity Futures Trading Commission proposed a new rule that would set limits on who can trade futures in the oil market. The CFTC has rightly determined that the sudden increase of oil contract futures in Mid-2008 was caused by speculators who did not have a “legitimate commercial interest” in […]
Customers Talk, so make sure you do a Great Job.
Each of us are reminded daily that Customers Talk. If you do a great job, or a poor job, your customers will tell you – but probably won’t tell you to your face. They’ll tell you, by telling others. Here is an excellent quote from Jeffrey Gitomer: Customers talk…to their associates, friends, and neighbors. Here […]
Valuable Freight Updates by Email
Stay current with valuable updates – simply by checking your email. A great way to stay up-to-date on the transportation industry is by subscribing to Freight Tec’s Email Updates. You’ll automatically get valuable updates from our blog delivered right to your Inbox. Technology can be a great asset to your business. Take advantage of this […]
Container Rates from China Surge 24%
Capacity is rapidly tightening up on ocean containers from China. How will this affect the U.S. domestic market in 2010? How will these containers be utilized in the supply chain? Fast-paced change buoyed by surge in demand, shortage of containers. Ocean container spot freight rates on the key export trades out of China to Europe […]
Merry Christmas 2009
Freight Tec would like to wish you a very Merry Christmas and a Happy New Year! – Best Wishes to you and your family, from Freight Tec’s corporate office.
Great Dispatch, or Great Customer Service
Excellent article taken from Transport Topics, Aug. 11, 2009. Opinion: The Customer Service, Dispatch Dilemma – By Greg Shelton, Dispatch Consultant As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer […]
Freight Tec on the Cover of Internet Truckstop Magazine
If you didn’t catch it yet, be sure to check out Freight Tec on the cover of Internet Truckstop Magazine for the Sept/Oct 2009 Issue. Visit Truckstop.com for more information or go right to the full magazine by clicking Here. Be sure to check it out and let us know what you think by commenting […]
Freight Tec – The Importance of Using Technology
Freight Tec was recently featured on IT Magazine by Internet Truckstop. “Techology is the wave of the future and those not riding it will be left in the surf paddling” – Jeff Graves, CFO Freight Tec. Here is the cover – “We’re early adopters of technology. We’re always testing it, checking it out and keeping […]
Fair Commission Split
Am I being paid a “fair” commission split for the kind of business I’m doing? What is a “fair” split? A “fair” split is one that takes many things into consideration. Here are a few of them: What Freight Tec takes into consideration: Trustworthiness of the Agent / Prospective Agent revenue level gross profit credit risk of your […]
