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…
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…
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…
A recent article on Transportation Topics Online posted DOT Sets Texting Ban on Commercial Truck and Bus Drivers. Distracted driving is a problem for all of us – even if we aren’t the distracted ones on the road. More and more articles in the news are showing up where distracted driving was the cause of…
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…
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…
We are proud to announce Freight Tec’s new Shipper Rate Quote feature on our website. It’s Quick, it’s FREE, and it’s our special service to YOU. Even if you are not currently doing business with Freight Tec, we invite you to request a quote from us for your next shipment. We all know things are…
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.
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…