Do All Freight Brokers Actually Do the Same Thing? Is There Really a Difference?

Posted by Port City Logistics on Nov 18, 2021 12:57:20 PM

For all of the various modes and options available for freight transportation, there are almost as many service options available from freight brokers. Brokerage services have stayed essential to domestic and global freight transportation for decades, and their impact continues to grow. As highlighted in a report by MarketWatch, the “Global Freight Brokerage market size is estimated to grow at CAGR of over 4% with USD 41.60 billion during the forecast period of 2021-2025.” With this much impact already seen and this level of growth predicted, it is easy to see why brokers remain an essential part of the modern supply chain network. But, what do freight management experts in a brokerage do, and what real difference exists between brokers?

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Topics: freight brokerage services

Freight Brokerages Services Should Be Custom to Companies' Needs...Here's Why

Posted by Port City Logistics on Sep 16, 2021 11:56:37 AM

Professional freight brokerage services add value and flexibility to any supply chain. According to Verified Market Research, the freight brokerage market value is expected to reach USD $13.28 billion by 2028. Given that, and the fact that there is an armada of companies that provide logistics services by other names, means there will be plenty of opportunities to form partnerships that add tremendous value. Working with a partner can generate a strong return on investment, which makes brokerage services one of the most vital and sought-after of all shipping services available today. Another enticing factor to consider: Brokerages don’t offer a one-size-fits-all approach. Instead, customizable broker services are the name of the game for several reasons. 

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Topics: freight brokerage services