369:
169:
Double-brokering or rebrokering is illegal in the United States of
America and occurs when a broker charges a fee then contracts the load to a second broker who will reduce the freight charge also collecting a fee that can be up to 15%. For example, an $ 1,150 load going 400 miles would net a carrier
160:
Co-brokering is a legal practice used to ensure there is an available truck to transport freight. A 4PL may use a 3PL broker to match loads with trucks, with a shippers knowledge. The primary broker will take a lesser amount of the fee and the secondary broker will book the load for transport
178:
will likely not be dispatched to pick up the load. This might have serious ramifications in case of an accident or incident, especially if there are operating issues with the carrier. Confusion on payment might lead to a
108:
A load may be posted on a truck load board by shippers, brokers, or agents. This may occur with special orders, brokers and/or agents that do not have an established logistics base, or brokers and agents seeking a
350:
27:
between a shipper and a freight service provider. Freight brokers can specialize in certain types of freight, such as equipment hauling on
170:$ 977.50, but the same load double-brokered might result in $ 875.00 to the carrier. This margin on the second booking would net the broker an
249:
51:
406:
297:
399:
275:
118:
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is needed (as opposed to in-house) for freight transportation. The brokering can be single mode or by
70:
430:
253:
392:
335:
235:
122:
90:
320:
211:
113:
for a truck not in a high-traffic lane. Many brokers specialize in certain freight such as
98:
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lien (as opposed to "freight charges held hostage."), a load not delivered, and lawsuits.
8:
110:
54:
and be granted authority as verifiable via the FMCSA Licensing & Insurance database.
40:
380:
114:
102:
152:, flatbed, drop deck, or any other mode of freight transportation with enough loads.
86:
44:
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and can use specialized brokers on a permanent basis or as needed to ensure timely
28:
82:
376:
62:
419:
145:
66:
32:
192:
133:
126:
94:
78:
250:"3PL vs 4PL: What are these PLs, Anyway? Layers of Logistics Explained"
180:
130:
36:
298:"What is the difference between a freight broker and a freight agent"
141:
74:
368:
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24:
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A freight broker in the United States must be licensed by the
58:
16:
Intermediary between a shipper and a freight service provider
351:"More double-brokering ups threat to US truck shippers"
52:
Federal Motor
Carrier Safety Administration (FMCSA)
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93:(3PL), and even a fourth-party broker, when
174:. The shipper may not be aware of this and
161:receiving a larger share of the same fee.
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252:. Cerasis. 8 August 2013. Archived from
57:A freight broker, in freight transport (
278:. Commercial Capital, LLC. 30 July 2014
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318:
212:"Licensing & Insurance Home Page"
363:
348:
336:"Co-Brokering vs. Double Brokering"
238:. Truckers Path. 27 September 2017.
13:
375:This article about transport is a
276:"43 Free Load Boards for Truckers"
14:
442:
319:Aquila, Brett (4 November 2017).
236:"Top 50 Freight Broker Companies"
77:. This may be part of an overall
367:
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321:"Types Of Trailers In Trucking"
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312:
290:
268:
242:
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198:
73:is often used as part of the
379:. You can help Knowledge by
91:third party logistics broker
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99:multimodal transportation
349:Ashe, Ari (2018-03-28).
216:li-public.fmcsa.dot.gov
148:, equipment hauling on
45:freight transportation
300:. JobsInLogistics.com
323:. TruckingTruth.com.
176:the contracted truck
43:, or other types of
119:less than truckload
103:traffic management
426:Freight transport
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193:Weight fraud
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156:Co-brokering
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83:cargo broker
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95:outsourcing
79:shipbroking
37:bulk tanker
420:Categories
353:. JOC.com.
221:2023-07-24
199:References
181:possessory
125:, boat or
142:dry goods
117:(FTL) or
75:logistics
260:22 March
187:See also
165:Concerns
146:oversize
111:backhaul
81:using a
61:), over
33:oversize
150:lowboys
65:in the
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138:liquid
134:tanker
23:is an
127:yacht
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377:stub
306:2018
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262:2019
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