Carriers and shippers are vetting the freight brokerage industry more than ever to uncover operating efficiencies that produce greater profitability and less accident-related liability. Carriers want to provide more loads for customers and retain their customer base with fewer company-owned trucks, while shippers want to control costs without sacrificing the high levels of services available to them to deliver their goods to market.
Transportation brokers that develop and nurture professional relationships with both groups can position themselves into a niche market as an expert provider of transportation services. A key component to adding value to these relationships is helping to manage risk for its customers. Risk management practices include performing credit checks, entering contract agreements and verifying safety compliance with truckers prior to any freight moving for the broker.
Trust Services has built its reputation by providing good, quality carriers to perform the job at hand. We understand that our customers appreciate the willingness to evaluate our business practices objectively, and to help prevent problems that may arise by performing due diligence to select business partners. For an expanded discussion on the status of the freight brokerage industry, check out “Brokering the Assets” at http://www.trafficworld.com/newssection/special.asp?id=47421 .
Tagged: accidentrelated, agreements, brokerage, brokers, business, carriers, checks, compliance, contract, credit, customers, freight, industry, liability, loads, manage, management, risk, safety, services, shippers, transportation, truckers
URL: http://www.trafficworld.com/newssection/special.asp?id=