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 […]
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 […]