subject: Freight Brokers, Freight Rates And Trucking Industry [print this page] Companies have had to downsize, or go bankrupt, because of the declining trucking freight rates. Fuel accounts for up to 60% of the trucking freight rates bottom line cost of freight hauling.
A few details that a freight broker ,must understand is the value of shipping, contract pricing, which is directly integral to trucking, the numerous accessorial charges, available trucking service level and available value-added services that affect freight rates.
Freight Brokers know the costs associated with the trucking rates and therefore, can be a stringent advocate to the consumer and the carrier's trucking rates, the bottom line is that trucking rates are determined by everything from beginning to end of the shipment.
Freight Brokers understand that the global economy relies on the trucking industry and, therefore, the freight rates of those involved. When demand for products increase, the freight rates will increase.
Freight Brokers, Freight Rates And Trucking Industry
