Optimizing returns on your trucking business is a must for all trucking companies of all sizes. Being an owner operator and working with a broker to secure a permanent route at a fixed price is a better way to overcome the challenges of the highly volatile trucking industry. In addition, having hands-on experience in equipment regular maintenance and tracking every expense helps improve profitability.
Obtaining direct loads from a shipper is difficult, Shippers have numerous loads to deliver, and they face difficulties in negotiating prices with each carrier. They prefer to work with a select few brokers who can provide them with the necessary capacity at an agreed price. Working with few selected brokers ensures that the necessary certifications, insurance validations, and risk coverages are in place.
In addition, shippers often prefer to work with brokers who can offer system integration to deliver loads according to their schedule. This integration helps avoid manual and time-consuming processes, as it requires shippers to individually contact each trucker and handle paperwork, leading to increased resource costs.