It has been more than a decade since the transportation industry is highly relying on the mobile freight marketplace. They’ve helped tons of different companies that are participating in open freight market in connecting to each other through the internet. Open freight market is mostly about freight loads covered by freight carriers but it is not under a long term contract. It’s basically the biggest segment of truck load freight industry and with 80 percent of the trucking companies with less than 20 trucks, open freight market is for sure here to stay.
Prior to the existing of the freight load boards, freight brokers work for the shippers or the shippers are directly calling the freight carriers in order to source the truck’s capacity available to haul the freight loads. As for the value of freight broker to shipper, it’s the relationship with certified quality carriers and at the same time, on how fast they’ll be able to source the available carriers to haul the loads.
From the time when stable and fast internet has came to existence, the freight load boards has come next. As a matter of fact, websites of freight load boards are designed in a way that the published info regarding the open market freight loads are easily seen. For this, freight brokers can now publish valuable info on the open market freight loads. Through this, freight brokers were able to reach broader audience by just publishing info regarding the loads they can carry.
Numerous loads posted on such freight load boards can cover a distance of at least 500 miles or even more. In relation to the sizes, this could be about FTL or Full Truck Load or LTL meaning Less Than Truckload. They may be standard freight which could be hauled in a standard 53 feet van trailer or freight that require specialized equipment similar to flatbed, drop deck, curtain side, refrigerated, bulk hopper or other trailers that are designed specifically for the kind of cargo being hauled. Freight load board is made in a certain fashion that carriers looking for freight can check as per location, distance and the type of freight.
Mobile freight marketplace was a big step in the freight industry from the time it has become available. They made it possible to have faster communication regarding the spot market. On the other hand, with the continuous advancements and developments of internet technology for the past few decades, freight load boards have done a bit in improving their services or its platforms to make the most of new technologies. Most of these sites haven’t changed in user screens and even most of the premium sites look the same. But this shouldn’t be a problem so long as it meets its purpose.