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The overcapacity in the trucking industry is sure to continue for years to come. Informed shippers armed with a good trucking broker will be able to capitalize on this imbalance in supply and demand to obtain lower truckload rates. Shippers using a trucking broker can access increased capacity without the hassle of establishing numerous carrier relationships. Trucking freight has never been better for the shipper. Quality trucking brokers may be the most resourceful component in your arsenal of truckload transportation vendors. Here is some advice for selecting the right truck load broker: 1) Make sure the freight broker has the proper credentials. Federal law requires truck brokers to be licensed by the Federal Motor Carrier Safety Administration (FMCSA). Ask the trucking broker for his MC # and check with the FMCSA that he is properly licensed. Also, check to see if the truck broker has contingent cargo insurance. While the truckload broker is not responsible for insurance, if the carrier he selects fails to carry the proper insurance, the freight broker’s contingent cargo insurance may protect your truckload. 2) Run a credit check. If the truckload broker doesn’t have good credit, move to the next freight broker. If the freight broker fails to pay the truckload carrier, the shipper may be responsible for the transportation charges. Mitigate this risk by dealing with truck brokers with excellent credit. 3) Evaluate the broker's carrier selection process. You wouldn’t allow any company to move your full truckload, nor should you assume your freight broker is handling it in a proper way. Conduct your due diligence and ask your broker the process he uses to check the trucking carrier’s insurance, safety records, performance, etc. 4) How long has the truck broker been around? Look for experience and longevity. It’s a tough business and if your broker has been in business for two or more years, that’s definitely a plus! 5) Get it on paper. Make sure your trucking broker provides you with adequate terms and conditions so you know what you’re paying for. There are numerous flatbed brokers and full truckload brokers in the marketplace. ClickShipNGO is an reputable, online freight broker that works with numerous truckload carriers. They're established, and experienced in assisting their customers with their trucking freight needs. Visit them on the web at www.clickshipngo.com.
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