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Freight broker

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Freight cycle

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Forecast by ACT Research and other reports from DAT Freight & Analytics and FTR Transportation Intelligence still show slow markets, but an upside might be around the corner. A new outlook from ACT Research plus various recent reports on the spot and contract markets paint a picture of freight-hauling still in a down cycle that nevertheless stands a chance of recovering soon.

Spot rates rose in May, but strong new equipment production will slow the ascent initially. Class 8 backlogs are sufficient for a while but are starting to dwindle as order activity has declined with industry profitability. That spot rates have largely held onto the gains when inspections and out-of-service citations took freight-carrying capacity off the roads] suggests the freight market is close to the elusive balance, but the rebalancing so far has been mainly on the labor side.Read More

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Owner-operators

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Parts availability and prices are among the biggest problems facing independent drivers. Inflation is pushing owner-operators to readjust routes and loads. With economic pressures including record inflation, still-high diesel prices, and volatile freight markets hurting the bottom line of even the largest carriers, owner-operators are having to stay on their toes as they navigate the winding roads of an uncertain second quarter. Most of the owner-operators have booked shorter routes due to rising costs while the rest have looked for lighter loads.Read More

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Spot market

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Particularly in the last five months, the spot market where owner-operators and many smaller carriers find and price loads to haul has been on a road to recovery after a time when the spot market struggled, load board observers say.

Trucking industry experts and load board operators these days describe the spot market for freight as “seasonal” and “returning to normal” and “recovering” in the new year after it surged in 2021 but slumped for much of last year. The spot market is normalizing—it has been really for the last five months.  Even though demand is relatively flat, we’ve got more trucks than loads, and that’s why rates will continue to go down through the first quarter.Read More

Freight-broker-bultrans-llc

Benefits of Freight Broker

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Customers both big and small utilize the service of freight broker. The fewer internal resources a company has: truck fleet, staff, etc. the more likely they are to utilize the services of outside companies like a freight broker. Why involve a middle man such as a broker? The answer is different for each organization but the most common reason is convenience. When working with a broker the customer/shipper can make one call/email/text and have the confidence their load will be moved.

Part of the freight broker’s job

The broker finds the carrier, agrees on the rate and manages track and trace of the load up to and through delivery. Working with brokers is a one stop shop that is easy and convenient, like ordering lunch on Postmates. There are times we will all pay a little bit more for convenient, reliable service. Every organization has a finite number of employees and resources available to them. If you are part of a small team, or even a large team with too much work, partnering with a  freight broker can eliminate the need to hire more employees. The use of brokers can improve productivity during a shipper’s busiest times.  The middle man as freight broker helps to get thing sorted out.

BULTRANS
YOUR LOCAL RELIABLE CHOICE FOR YOUR FREIGHT SHIPPING NEEDS

WE UNDERSTAND HOW IMPORTANT RELIABILITY, AFFORDABILITY AND ACCURACY ARE WHEN IT COMES TO SHIPPING YOUR FREIGHT.
Our professional logistics team has proven track record of providing exactly that.
By choosing BULTRANS you ensure you have a truck showing up on time with professional and safe driver behind the wheel who will deliver you cargo anywhere in the country.
Do not hesitate to reach us via email: contact@bultransllc.com or feel free to call us at: (281)688-4266