Carefully constructed contracts stand as an important line of defense in freight brokerage transactions. These agreements, meticulously curated between shippers, carriers, and brokers, are engineered to safeguard companies, and minimize potential liabilities. However, in an industry where financial stakes run high, situations inevitably arise that call the details of these agreements into dispute. The bounds

The freight brokerage business requires a high level of trust, with deals being made for high-value shipments being entrusted to intermediaries. But what happens when that trust is breached? Consequences from recent financial fluctuations have been felt at each level of the industry, leading to widespread closures and bankruptcies. These disruptions affect stakeholders and their

The financial road for small carriers can often be bumpy and full of unexpected twists and turns that can challenge even the most seasoned drivers. The modern transport economy is defined by intricate dynamics impacting these small businesses. The challenges facing small carriers today demand consistent resilience amidst evolving market conditions. In recent times, small

The fast-moving logistics field is host to more than its share of headaches. With so much at stake, the last thing any shipper needs is the annoyance of an unpaid bill. Unfortunately, this critical issue is all too common in today’s transport marketplace. Most supply chain professionals understand the importance of protecting themselves by doing

Economics is a field driven by predictions and projections from professional analysts. They guide decisions, shape strategies, and help individuals and businesses navigate the complexities of the financial landscape. Still, sometimes these forecasts don't materialize as expected. That's precisely the case with the anticipated economic slowdown that many experts have been discussing for quite some

Technological advancements have brought both tremendous opportunities and unprecedented challenges in the modern logistics field. While many freight managers understand the transformative power of technology, it is also important recognize the potential risks it poses to our industry. On the topic of the industry’s increasing shift toward new technologies, no single advancement stands to have

The threat of government shutdown and uncertainties surrounding interest rates are fueling the Federal Government and Federal Reserve’s actions to use all of the tools at their disposal to shape the nation’s financial path and try to enact successful policy. These decisions not only impact the broader economy but also have significant implications for the

In today's complex global supply chain, the emphasis on effective security has become increasingly important. The rise of technological advancements, coupled with evolving criminal tactics, has necessitated a proactive approach to safeguarding cargo and mitigating risks. Thanks to efforts by leaders from across the supply chain, key strategies and best practices have emerged to combat

Technology has undoubtedly revolutionized freight transport operations in recent years, offering efficiency and value like never before. However, with these advancements come new challenges, particularly in the realm of cargo theft. As criminal tactics evolve, logistics professionals must constantly adapt to stay ahead of the curve. Across every level of the freight industry, professionals are

In recent years, the freight industry has been grappling with a significant rise in cargo theft incidents, presenting new challenges for brokers, carriers, and shippers alike. According to CargoNet, there were 692 cargo theft events across the United States and Canada in the third quarter of 2023, marking a staggering 59% increase compared to the