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 all about freight loads that are covered by the freight carriers but not under long term contract. Whether you believe it or not, it’s basically the biggest segment in the truck load freight industry to which 80 percent of trucking companies are taking part that have 20 trucks or maybe less; with this said, rest assure that it’s going to stay for long.
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. In all actuality, the value of freight broker to shipper was more of how fast carriers can be sourced in hauling the loads and certified and quality carriers.
The proliferation of the freight load boards was all because to the constant improvement of fast internet connection. 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. Here, it can be a standard freight that can be loaded into a standard 53 feet freight or van trailer which may sometimes demand special equipment such as flatbed, drop deck, curtain side, refrigerated, bulk hopper or other trailers that is made only for that cargo that should be hauled. The freight load board is intentionally made in a manner that it allows carriers to filter their search based on distance, freight type and location.
The first time it becomes available to consumers, mobile freight marketplace were a big leap for freight industry. Because of this, there has now faster and seamless communication between the carriers and shippers. On the other hand, as a result of the fast and continuous innovation in internet technology for the past several years, many freight load boards fail to keep up with it. 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.