Guest Opinion: The freight recession, and the next spot rate upturn https://www.dat.com/blog/post/guest-opinion-the-freight-recession-and-the-next-spot-rate-upturn Tim Denoyer on 24 July 2019 12:06 pm The freight market has been soft for almost a year, and in our view, slid into freight recession in the first half of 2019. The U.S. trucking industry faces a supply and demand imbalance – […]

How to spot good loads in bad markets https://www.dat.com/blog/post/how-to-spot-good-loads-when-the-markets-bad Chad Boblett on 28 August 2019 4:53 pm I have been a spot market pirate for almost nine years. As a pirate, you want to get in and get the good stuff. This means I use lots of tools to know where the most demand is […]

Backhaul vs deadhead: What’s the tipping point? https://www.dat.com/blog/post/backhaul-vs-deadhead-whats-the-tipping-point Peggy Dorf on 24 July 2019 5:21 pm When you can’t find a high-paying load, would you accept a low rate to avoid driving empty? I asked that question in a quick poll on the Rate Per Mile Masters group for truckers on Facebook, and the vote […]

The “Partnership” between shippers, brokers, carriers, and freight forwarders is to assure that carriers and brokers are paid for their services. The most valuable commodity in the transportation industry is the motor carrier.  They should never accept the transitional from the client, moving loads to the claimant, filing claims to be paid.  Murphy’s Law is […]

Transport Financial Services (TFS) offers solutions to the industry’s logistical challenges through “Collaborative Partnerships”, entailing a single location for transportation services provided by the only BMC-85 Trust Bond provider able to refer BMC-84 Broker Bond’, and all transportation services for full compliance with all Federal Motor Carrier Safety Administration (FMCSA) Regulations.  Essentially, such a 24/7 […]

Start-up “ALL ABOUT YOU” Part 2 of 5 in a series of thoughts related to starting a transportation business The Business Plan for “Starting” a logistics operation consist of a narrative and several financial worksheets.  The “Narrative” template is the body of the business plan, and serves as the Global Positioning System (GPS) because this […]

7 Required Elements of an Enforceable Contract By: Bernadette A. Safrath A contract is a legal document between two parties. In order to be enforceable, the contract must contain seven elements. While more specific requirements may differ by state, the basics of contract law require that these seven elements exist regardless of where the contract […]

Mexican and Canadian Freight The Federal Motor Carrier Safety Administration (FMCSA) issues “Property Broker License” to cover both interstate and foreign commerce, which includes imported and exported cargo, via steamship, Mexican and Canadian freight.  This authority covers freight once it comes across the border and is transloaded at United States (US) ports, and processed through […]

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