Freight Brokerage: What You Need To Know
“Self-driving vehicles will automatically choose the most efficient route. Artificial intelligence will dramatically improve logistics.” ~Dave Waters
Freight brokerage is very important for any company operating in the transportation industry. Freight brokers offer numerous advantages. If you are still looking for ways to reduce costs, using a freight broker is something you should look into. In this article, our focus will be on freight brokerage and the main benefits of using a freight broker. Welcome to Logistics Monday.
Freight brokerage can be defined as an arrangement whereby shippers and carriers deal with a transportation coordinator, who helps them to find freight services best fit for their requirements. A freight management company helps a shipper carry out its shipments from one carrier to another. This helps the shipper to carry out all their shipping movement through a single point of contact, thus enjoying benefits such as standardized documentation.
A freight broker is responsible for acquiring all logistics. Freight broker handles all contracts and negotiations with carriers. You don’t have to worry about dealing with a carrier, a freight broker will handle all details beforehand and prepare a performance sheet showing all calculations and results.
Benefits of using a freight broker for your business
- Flexibility
Brokers can work with their carriers to meet your needs with more flexibility. It is not necessary to rely on a specific carrier or price point. Rather, you will be able to choose the best mode of transportation at the best possible price.
- Saves money
Brokers can offer excellent pricing because they handle a large volume of business. Additionally, brokers have more options for carriers than shippers on their own, making service, handling, and pricing more convenient. This allows them to convey all the savings to you, as well as provide you with options from their comprehensive carrier network across all modes of transportation.
- Level of expertise
You can benefit from the knowledge and experience of freight brokers by working with
them. It also provides access to the latest shipping reporting and logistics
visibility.
- Oversight
The freight broker works with shipments every day, so they understand how this process works. Thus, you can count on them to complete the forms, schedule loads, deal with carriers, and pick up the phone when something goes wrong. As a bonus, this procedure also helps you avoid any unnecessary costs.
- Handling of issues
You must use a brokerage if you experience any problems with your shipment, such as delays, damages, or pricing issues. Many brokers are also able to assist with legal concerns.
TGL is a logistics company that offers high-quality and affordable services to companies across the globe. As a logistics company, our value lies in our flexibility to provide clients with cost-effective solutions to meet their specific needs. At TGL, we recognize that each client has different needs and so our experts are always standing by to help you every step of the way. We handle our client’s freight with total transparency. By offering value-added services at affordable prices, we help them to reduce their costs and improve their profit margins.
Get in touch with our experts to discuss your logistics requirements
Email: info@tgl.ng