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What’s the Difference Between a Freight Broker and Freight Agent?

Supply Chain Game Changer

10 Tips To Be A Successful Freight Broker! The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process. So, what are the differences and similarities between a freight broker and freight agent?

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Transportation in the Americas: A Cross-Country Comparison

MIT Supply Chain

Truck transportation comprises 75% of all freight in Latin America. The driver shortage is such that the group found that U.S. Mendonça, Villena, and Ruiz interviewed professionals from three distinct areas of the freight world: trade associations, multinational companies, and carriers?—?including including owner-operators.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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Trucking Market Q1 Update and 2022 Freight Outlook

Zipline Logistics

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth. percent in November.”

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FedEx Benefits from Efficiency Improvements & Surcharge Increases as Volumes Fall

Intelligent Audit

All three divisions—Express, Ground, and Freight—reported year-over-year volume declines. FedEx Freight reported an 8% increase in revenue to $2.4 But for Ground, the upgrades will improve efficiencies and cost savings and further link it to FedEx Freight. “We For fiscal Q2 2023 ended Nov. YoY decline in revenue to $10.86

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The Green Corridor: Catching the Sun Light! – How Logistics is Harnessing the Power of the Sun

The Logistics & Supply Chain Management Society

In a NASA comparison , if a large power plant generated 1 billion watts of power in a year, it would take 44 million of these power plants to equal the power that our Earth receives from the sun. Sembcorp, LYS Group, Engie and JinkoSolar, are just a few players involved with solar power installation.

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Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

Next, researchers looked at freight attributes of shippers. They found 2 Leader groups with nearly identical truckload performance ratings. Leader Group 1, which used more asset carriers than brokers, achieved an 82% rating; Leader Group 2 used more brokers than asset carriers and achieved 81% (for comparison, Laggards achieved 46%).

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