Category: Trucking Brokers
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Transportation is the process of moving people, freight, and raw materials from one location to another, and it quietly shapes almost every purchase, harvest, and delivery in the modern economy. Whether it happens by rail, truck, ship, or air, transportation determines how quickly goods reach shelves and how much that convenience costs. In particular, the…
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Cargo insurance is the financial safety net that protects shippers, trucking companies, and freight brokers when freight is lost, damaged, or stolen somewhere between the loading dock and the final destination. Without it, a single accident, theft, or warehouse fire can wipe out the entire value of a shipment — and leave the shipper holding…
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The National Association of Small Trucking Companies (NASTC) – http://www.nastc.com – recently named Freight Tec in their “Best Broker Directory” for 2010-2011. NASTC screens every one of these brokers by carrier payment policy, history, and recommendations they receive from other NASTC members. “We feel this group of brokers represents the top of the brokerage community…
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Freight Tec carries a significantly higher bond than is currently required by the F.M.C.S.A., and has for quite some time now. Interesting to note that legislature is currently trying to raise the bond limit to $100k instead of just $10k, under the “Motor Carrier Protection Act of 2010” (S 3483). In the May/June 2010 issue…
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The Motor Carrier Protection Act is the federal bill written to stop freight brokers from pocketing shipper payments while leaving the trucking company that actually hauled the load unpaid. First introduced in 2010 as Senate Bill 3483, the Motor Carrier Protection Act set out to rewrite the rules governing freight brokers and freight forwarders —…
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Oil contract futures are standardized agreements to buy or sell a fixed quantity of crude oil at a set price on a future date, and they have shaped — and sometimes shaken — the entire freight industry for over a decade. In 2008, a surge of speculative trading in oil contract futures pushed crude toward…
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Customer feedback is the clearest signal you will ever receive about the health of your freight brokerage business. Whether a shipper praises your communication or a customer voices a complaint, that feedback tells you exactly how your service is being perceived in the marketplace. As a result, Freight Agents who listen closely to customer feedback…
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The federal texting ban for commercial truck and bus drivers remains one of the strictest safety rules the Department of Transportation (DOT) has ever placed on the trucking industry. Since the Federal Motor Carrier Safety Administration (FMCSA) enacted this rule, texting behind the wheel of a commercial motor vehicle (CMV) has carried penalties as severe…
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Email updates are the fastest way to stay ahead of the transportation industry without ever leaving your inbox. Instead of hunting for news, subscribing to Freight Tec’s email updates means the latest freight industry insights, carrier tips, and milestone announcements land directly in your email — automatically, for free, the moment we publish them. Running…
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Ocean containers move more than 90% of the world’s traded goods, and if you’re planning to ship cargo across the Pacific, the Atlantic, or anywhere in between in 2024, understanding how these steel boxes work — and what they cost — can save your business thousands of dollars per shipment. Whether you’re booking your first…