Magaya Corporation, the leading freight management platform for logistics service providers, today announced the Momentum ...

Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...

If the current freight climate continues, a number of freight brokerages—many of them large—will likely fail over the next year. The current market presents a toxic combination of sluggish freight ...

The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...

The Federal Motor Carrier Safety Administration has published a final rule tightening financial responsibility requirements for brokers and freight forwarders in an attempt to cut down on fraud and ...

United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...

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Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply ...

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the freight brokerage market and it is poised to grow by USD 41.47 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period.

Exel and its sister company DHL Supply Chain have announced their new freight brokerage company, Exel Freight Connect, to help connect customers with carriers for freight transportation needs. Exel ...

Let's start with a simple truth: there's essentially no difference between the terms 'freight broker' and 'truck broker.' However, 'freight broker' is the term you'll hear most often in the trucking ...