Freight Carrier Insights & Best Practices | SPI Blog https://spi3pl.com/category/carriers/ Daring to be Great Tue, 22 Jul 2025 13:54:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://spi3pl.com/wp-content/uploads/2024/01/cropped-spifav-1-32x32.png Freight Carrier Insights & Best Practices | SPI Blog https://spi3pl.com/category/carriers/ 32 32 Top Trucking Companies: Titans Shaping the U.S. Freight Industry. https://spi3pl.com/top-trucking-companies-power-players-shaping-the-u-s-freight-industry/ Fri, 25 Jul 2025 10:29:20 +0000 https://spi3pl.com/?p=3853 The U.S. trucking industry is the backbone of the national economy, moving over 70% of all freight. Whether you're a logistics professional, aspiring dispatcher, or just exploring opportunities in transportation, understanding the top trucking companies and available dispatcher training can help you gain a serious edge.

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The U.S. trucking industry is the backbone of the national economy, moving over 70% of all freight. Whether you’re a logistics professional, aspiring dispatcher, or just exploring opportunities in transportation, understanding the top trucking companies and available dispatcher training can help you gain a serious edge.

In this guide, we’ll break down the top 10 trucking companies in the United States, what sets the biggest trucking companies apart, and the Industry trends these trucking companies follow.

What is the Trucking Business?

The trucking business refers to the industry involved in transporting goods and cargo overland using trucks. It’s a multi-billion dollar sector in the U.S., essential to supply chain operations across retail, manufacturing, food, and more (ATA, 2024). Trucking companies range from small local fleets to massive, nationwide carriers that handle freight coast-to-coast. Most companies fall into one of two categories:

  • For-hire carriers: These companies transport goods for other businesses.
  • Private carriers: Companies that move their own products, like Walmart’s fleet.

From shipping raw materials to delivering online purchases, trucking is the logistical lifeblood of modern economies.

“The trucking business is no longer just about hauling freight, it’s about managing data, optimizing routes with AI, and adapting to real-time supply chain disruptions.”

How do you think rising fuel costs and driver shortages are shaping the future of the trucking business?

Types of Trucking

Trucking services come in various forms depending on freight type, truck capacity, and operational scale. Here are the most common types:

1. Full Truckload (FTL) – Shipments fill an entire truck. Used for large-volume or high-priority freight. 

    For example, Amazon may use FTL services to transport pallets of goods from distribution centers to fulfillment hubs.

    2. Less-Than-Truckload (LTL) – Several shipments from different customers share a truck. Ideal for small to mid-size businesses. 

      For example, Companies like FedEx Freight and Old Dominion specialize in LTL services, reducing shipping costs for lower-volume shippers.

      3. Refrigerated Trucking (Reefer) – Transports perishable items like food or pharmaceuticals., 

        For example, Tyson Foods relies on reefer trucks to move fresh and frozen products across the country.

        4. Flatbed Trucking – Used for oversized or oddly-shaped freight such as construction materials or machinery. 

          For example, a Caterpillar bulldozer might be hauled on a flatbed from factory to job site.

          5. Tanker Trucking – Carries liquids or gases, including fuel or chemicals. 

            Companies like Schneider and Kenan Advantage Group specialize in safely transporting hazardous materials.

            6. Expedited Trucking – Time-sensitive delivery with minimal stops. Common in automotive or emergency supply chains. 

              UPS’s express freight division handles many of these high-priority deliveries (UPS, 2024).

              7. Intermodal Trucking – Involves trucks in combination with rail, ship, or air for long-haul freight. J.B. Hunt is a leader in intermodal services, offering eco-friendly and cost-effective shipping solutions through rail partnerships (J.B. Hunt, 2024).

                Understanding these categories can help shippers choose the right service, and help new businesses decide their operational niche.

                “Choosing the right trucking type depends on more than just cargo, it’s about delivery urgency, risk tolerance, and cost efficiency. A hybrid approach like intermodal can cut emissions and save money.”

                Which trucking type do you think will see the most growth in the next five years, and why?

                What to Look For in the Biggest Trucking Companies

                When evaluating large trucking companies, consider the following metrics:

                • Fleet size – Consider the number and type of trucks a company operates. 

                For example, UPS has over 125,000 vehicles in its ground fleet, allowing for extensive delivery and logistics capabilities (UPS, 2024).

                • Number of employees – A larger workforce can indicate robust operations and customer support. 

                FedEx employs more than 500,000 people globally, enabling it to offer rapid, high-volume logistics services (FedEx, 2024).

                • Annual revenue – High revenue signals stability and market dominance. 

                For instance, Knight-Swift Transportation had an annual revenue exceeding $6 billion in recent years, underscoring its scale.

                • Nationwide coverage – National reach is crucial for consistent service. 

                Companies like XPO Logistics operate across all 50 states, ensuring coverage even in remote areas.

                • Freight specialization – Some companies focus on specific types of freight.

                 For example, Old Dominion Freight Line specializes in less-than-truckload (LTL) freight, while Schneider National offers both refrigerated and bulk transport services (Schneider, n.d.).

                This is why companies like UPS and FedEx repeatedly appear as the largest trucking companies in the United States and even rank among the largest logistics companies globally.

                Here’s what separates major trucking companies from smaller players:

                • Nationwide coverage (a key strength of nationwide trucking companies)
                • Industry certifications and compliance
                • Tech adoption (GPS tracking, routing software, fuel efficiency systems)

                If you’re a business looking to partner with national trucking companies, the above list should be your first stop.

                “Evaluating a top carrier today isn’t just about revenue or fleet size, it’s about safety records, tech platforms, and customer satisfaction. The most innovative companies win repeat business.”

                When you’re selecting a trucking partner, which matters more, coverage area, technology, or customer service?

                The Top 10 Trucking Companies in the United States

                Let’s begin with the top 10 trucking companies in the US. These are the powerhouses moving freight across the country, from coast to coast.

                Here are the top 10 trucking companies in the United States:

                1. FedEx Freight – As the less-than-truckload (LTL) freight arm of FedEx Corp., FedEx Freight leads the LTL sector in terms of revenue and speed. With a nationwide terminal network and a commitment to overnight delivery options, FedEx Freight supports small businesses and enterprise clients with time-definite solutions (FedEx, 2024).

                  2. UPS Freight – Now operating as TForce Freight after its acquisition by TFI International, UPS Freight remains a heavyweight in regional and national LTL shipments. It brings the trusted reliability of UPS to freight operations, with advanced tracking and broad service coverage across the U.S (UPS, 2024).

                    3. XPO Logistics – XPO is one of the largest providers of LTL transportation in North America. Known for investing heavily in technology, XPO uses AI-based route optimization and real-time visibility platforms. Its customer base includes major retail, manufacturing, and e-commerce firms (XPO, n.d.).

                      4. J.B. Hunt – A leader in intermodal and dedicated trucking services, J.B. Hunt has a strong strategic alliance with BNSF Railway. Its multimodal capabilities and expansive brokerage operations have helped it deliver over $14 billion in annual revenue (J.B. Hunt, 2024).

                        5. Schneider National – With more than 10,000 company trucks and 180,000 trailers and containers in service, Schneider is a dominant force in both truckload and intermodal freight. It offers dry van, refrigerated, bulk, and brokerage services to clients in retail, industrial, and energy sectors (Schneider, n.d.).

                          6. Knight-Swift Transportation – After the 2017 merger of Knight Transportation and Swift Transportation, the company became the largest truckload carrier in the U.S. Knight-Swift operates over 19,000 tractors and 58,000 trailers, providing services that include dry van, temperature-controlled, and flatbed (Knight-Swift, n.d.).

                            7. Old Dominion Freight Line – Recognized for its precision and consistency, Old Dominion is a premium LTL provider with one of the best on-time delivery and claims-free records in the industry. The company continues to outperform many peers in terms of service quality and profitability.

                              8. Landstar System – A unique asset-light model distinguishes Landstar, which relies on over 10,000 owner-operators and independent agents to provide truckload, LTL, and expedited services. Landstar excels in customized logistics and capacity flexibility.

                                9. Estes Express Lines – A privately owned freight carrier with deep roots in LTL and time-critical services, Estes is known for customer service and operational flexibility. With over 240 terminals and 10,000 tractors, it ranks among the largest privately held trucking companies.

                                  10. Werner Enterprises – Headquartered in Nebraska, Werner is a top provider of freight transportation and logistics services. It operates a large fleet of more than 8,000 trucks and is known for its innovation in telematics and safety systems, serving clients across North America and Mexico.

                                    These top 10 trucking companies in the US consistently deliver high volumes and rank among the largest trucking companies by revenue and fleet size. Many of them also top the top 5 trucking companies in the USA list every year.

                                    In fact, when you analyze the biggest trucking companies in the USA, you’ll see that many overlap with this list. The data confirms: the biggest trucking company in America often leads with technology, driver support, and delivery coverage.

                                    “The top 10 trucking companies don’t just dominate in size, they lead in innovation, reliability, and nationwide infrastructure.”

                                    Looking to partner with industry leaders for smooth freight delivery? Explore our shipping services and see how we connect shippers with top-performing carriers.

                                    Industry Trends Among the Top 10 Trucking Companies in the US

                                    The top 10 trucking companies in the US are driving the following trends:

                                    • Electric Fleets: Companies like Knight-Swift and Schneider are actively piloting electric semi-trucks as part of their sustainability initiatives. These electric fleets are designed to reduce carbon emissions, lower fuel costs, and position these carriers as leaders in green transportation.
                                    • AI & Telematics: The adoption of artificial intelligence and telematics systems allows for real-time load tracking, predictive maintenance, and smart routing. This technology helps the largest trucking companies in the USA optimize delivery times and reduce operational costs while enhancing transparency for shippers and receivers.
                                    • Driver Incentives: To address the ongoing driver shortage, major players are raising driver pay, offering sign-on bonuses, and improving work-life balance with flexible routes. These incentives not only help attract new drivers but also retain experienced ones in a highly competitive labor market.

                                    “The biggest trucking company in America doesn’t just own trucks, they’re data-driven logistics engines in motion.”

                                    Looking to stay ahead of industry trends and find solutions tailored for freight brokers? Explore our freight broker solutions.

                                    Frequently Asked Questions (FAQs)

                                    1: What are the top 10 trucking companies in the United States?
                                    UPS, FedEx, J.B. Hunt, XPO, Knight-Swift, Schneider, and more — each offer massive fleets and national reach.

                                    2: What’s the difference between national and major trucking companies?
                                    National companies offer U.S.-wide service, while major companies may focus on regional strength or specialization.

                                    3: Are the largest trucking companies also the most reliable?
                                    Often yes, but smaller players can offer niche services with excellent reliability.

                                    4: Where can I find a trucking companies list?
                                    Industry directories, FMCSA data, and logistics platforms often list top freight and trucking firms.

                                    Start Strong, Think Big

                                    The trucking industry in the United States is a backbone of the national economy, with the top 10 trucking companies in the United States and other largest trucking companies setting the pace through scale, innovation, and reliability. From exploring the types of trucking services to evaluating what makes a logistics partner stand out, understanding this landscape is crucial for making informed decisions. If you’re seeking to work with the biggest trucking companies in the USA, it’s essential to stay informed on trends and best practices. With the right insights, tools, and partners, navigating the freight world becomes not just manageable, but a strategic advantage.

                                    Ready to move freight with confidence? Contact us to connect with top-rated carriers and customized logistics solutions that fit your needs.

                                    References

                                    American Trucking Associations (ATA). (2024). ATA Trends & Statistics. https://www.trucking.org

                                    UPS. (2024). Investor Relations – Company Overview. https://www.investors.ups.com

                                    FedEx. (2024). Annual Report & Company Profile. https://www.fedex.com/en-us/about.html

                                    J.B. Hunt Transport Services. (2024). Intermodal Leadership & Sustainability. https://www.jbhunt.com

                                    Knight-Swift. (n.d.). Company overview. Retrieved from https://www.knight-swift.com

                                    Schneider. (n.d.). Why Schneider. Retrieved from https://www.schneider.com

                                    XPO. (n.d.). LTL transformation. Retrieved from https://www.xpo.com

                                    The post Top Trucking Companies: Titans Shaping the U.S. Freight Industry. appeared first on SPI Logistics.

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                                    20ft & 40ft Shipping Containers: Dimensions and Specifications https://spi3pl.com/20ft-40ft-shipping-containers-dimensions-and-specifications/ Mon, 16 Jun 2025 14:24:18 +0000 https://spi3pl.com/?p=3596 Feature 20ft Container 40ft  Container External Length 240 inches 480 inches External Width 96 inches 96 inches External Height 102 inches 102 inches Internal Length ~233 inches ~472 inches Internal Width ~92 inches ~92 inches Internal Height ~94 inches ~94 inches Max Payload ~47,000 lbs ~58,820 lbs

                                    The post 20ft & 40ft Shipping Containers: Dimensions and Specifications appeared first on SPI Logistics.

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                                    Shipping containers are the backbone of global logistics, but when it comes to planning storage, transport, or modification projects, knowing the exact specifications is essential. Whether you’re choosing between a 20ft or 40ft unit, this detailed guide will help you understand container dimensions, specifications, and sizes.

                                    What Is a Container Dimension?

                                    A container dimension refers to the precise external and internal measurements of a shipping container, including length, width, and height. These measurements ensure containers can be stacked, stored, and transported efficiently across ships, trains, and trucks.

                                    Why Container Dimensions Matter

                                    Shipping containers are the backbone of global trade. Knowing exact specifications like 20 ft container dimensions in inches or the 40 ft shipping container dimensions allows you to make informed decisions about load capacity, logistics planning, and compatibility with storage spaces or trailers.

                                    Understanding the precise dimensions and specs of shipping containers allows for:

                                    • Optimized cargo planning
                                    • Accurate modification designs
                                    • Safe stacking and transport
                                    • Cost-effective space utilization

                                    According to the United Nations Conference on Trade and Development (UNCTAD), over 80% of global trade by volume is carried by sea, with shipping containers playing a crucial role in standardizing freight movement (UNCTAD, 2024).

                                    What advantages do shipping containers offer over traditional cargo transport methods in terms of durability, security, and cost-efficiency?

                                    Types of container dimensions

                                    1. External Dimensions: These are the overall outside measurements of the container,  length, width, and height. External dimensions are crucial because they determine how containers fit together when stacked on ships, trucks, or trains, and whether they can safely pass through infrastructure like bridges and tunnels. 

                                    For example, a standard container height of 8 feet 6 inches is designed to comply with most road clearance limits. If the container is taller (like a high cube at 9 feet 6 inches), special permits might be needed for transport.

                                    1. Internal Dimensions: These are the usable space inside the container where cargo is actually stored. Internal dimensions are always smaller than external dimensions due to the thickness of the walls and flooring. 

                                    For example, a 20ft container’s internal length is about 19.35 feet, not the full 20 feet externally. This difference affects how much cargo you can pack, such as pallets or boxes, so precise measurements are necessary for efficient loading.

                                    1. Door Opening Dimensions: This refers to the height and width of the container’s door opening. It’s important because it limits what size items can be loaded or unloaded through the doors. 

                                    For instance, if you have large machinery or oversized crates, you need to confirm the door opening is wide and tall enough to accommodate them. A typical 20ft container door opening might be around 7 feet 5 inches wide and 7 feet 6 inches tall.

                                    Standard shipping container dimensions are regulated by ISO standards (ISO 668) to ensure interoperability worldwide. This means containers made by different manufacturers or used in different countries follow the same size guidelines, allowing seamless transport and stacking across global shipping networks.

                                    How do different container types cater to diverse cargo needs? 

                                    20ft Shipping Container

                                    The 20 ft shipping container dimensions are standardized globally. When it comes to logistics planning or space allocation, businesses often ask, “How wide is a 20ft shipping container?

                                    Let’s start with the most common unit: the 20ft shipping container.

                                    Standard 20 Foot Shipping Container Dimensions

                                    • External Dimensions:
                                      • Length: 20 feet (approx. 240 inches)
                                      • Width: 8 feet (96 inches)
                                      • Height: 8 feet 6 inches (102 inches)
                                    • Internal Dimensions:
                                      • Length: approx. 233 inches
                                      • Width: approx. 92 inches
                                      • Height: approx. 94 inches

                                    “If you are looking for 20 ft container dimensions in inches, these numbers above give you an accurate layout.”

                                    Key 20ft Specs:

                                    • Tare weight: 4,850 lbs
                                    • Max gross weight: 52,900 lbs
                                    • Payload capacity: 47,000 lbs approx.

                                    These specs comply with ISO 668 container standards and are recognized globally for intermodal transport compatibility (Bureau International des Containers, n.d.).

                                    Alternative Specs Mentioned:

                                    • 20 foot shipping container specs match ISO standards.
                                    • Variants may include 20 feet container specification with slightly reduced height for specific rail or sea freight routes.

                                    “If you need to calculate internal volume, don’t forget to check 20ft container dimensions for exact space usage.”

                                    Applications

                                    Shipping containers are incredibly versatile, extending far beyond traditional cargo transport. Their standardized sizes and durable build make them ideal for a variety of applications across industries. Here are some common and innovative ways 20ft containers are put to work:

                                    • Storing building materials
                                    • Construction site offices
                                    • Personal storage
                                    • Modular building conversions

                                    Common Terms

                                    When selecting the right container, it’s crucial to understand key measurements and technical terms. Here’s what you should know about 20ft containers:

                                    • 20 ft shipping container specs: These include capacity, weight limits, clearance height, and build standards.
                                    • 20 ft container height: The standard height is 8 feet 6 inches (102 inches), though high-cube versions are taller.
                                    • 20ft shipping container dimensions: Essential for international freight compatibility and loading efficiency.
                                    • Size of 20ft shipping container: Slight variations exist, but the ISO standard ensures consistency across suppliers.
                                    • 20 feet container specification: This covers the CSC plate standards and ISO certification needed for international shipping.
                                    • 20ft container length: While the external length is 20 feet (240 inches), the internal length is about 19.35 feet (233 inches).

                                    Understanding these keywords not only helps with purchasing or leasing the right unit but also ensures compliance with regulations and compatibility with transport infrastructure.

                                    “The 20ft container remains a favorite for businesses balancing space and cost-efficiency.”

                                    Looking for reliable back-office support to streamline your freight brokerage operations with 20ft containers? Explore our specialized Freight Brokerage Back Office Support services here.

                                    40ft Shipping Container

                                    Standard 40 Foot Shipping Container Dimensions

                                    • External Dimensions:
                                      • Length: 40 feet (480 inches)
                                      • Width: 8 feet (96 inches)
                                      • Height: 8 feet 6 inches (102 inches)
                                    • Internal Dimensions:
                                      • Length: approx. 472 inches
                                      • Width: approx. 92 inches
                                      • Height: approx. 94 inches

                                    Key 40ft Specs:

                                    • Tare weight: 8,380 lbs
                                    • Max gross weight: 67,200 lbs
                                    • Payload capacity: 58,820 lbs

                                    According to Statista, over 178 million TEUs (twenty-foot equivalent units) were handled globally in 2023, with 40ft containers making up the majority of these due to their superior cubic capacity (Statista, 2024).

                                    Applications:

                                    The 40ft shipping container is prized for its spacious interior and versatility. Its large capacity and standard dimensions make it suitable for a wide range of industries and needs. Below are some typical uses where this container size shines:

                                    • Transporting heavy machinery
                                    • Mobile offices or clinics
                                    • Warehousing
                                    • High-volume e-commerce storage

                                    “The 40ft container is favored for its larger volume, reducing cost per cubic foot for bulk shipments.”

                                    Looking for comprehensive freight broker solutions to manage 40ft container shipments efficiently? Discover our Freight Broker Solutions tailored to your needs here.

                                    Side-by-Side Container Size Comparison Table

                                    Feature20ft Container40ft  Container
                                    External Length240 inches480 inches
                                    External Width96 inches96 inches
                                    External Height102 inches102 inches
                                    Internal Length~233 inches~472 inches
                                    Internal Width~92 inches~92 inches
                                    Internal Height~94 inches~94 inches
                                    Max Payload~47,000 lbs~58,820 lbs

                                    This breakdown simplifies decision-making when considering container dims in 20ft containers versus 40 container dimensions.

                                    “Logistics professionals often recommend evaluating not just internal space, but also the payload-to-weight ratio when selecting a container.”

                                    When deciding between 20ft and 40ft containers, what factors have the biggest impact on your choice?

                                    How to Choose the Right Shipping Container

                                    Follow this checklist to pick the container that suits your business or project:

                                    1. Evaluate your volume needs

                                    • Use a 20ft shipping container for smaller loads.
                                    • Choose a 40ft container for bulk goods or equipment.

                                    2. Check for location constraint

                                    • Understand how wide a 20ft shipping container is if space is tight.
                                    • Compare 40ft container size to available storage areas.

                                    3. Use the correct terminology

                                    • For quotes and customs, terms like 20 foot shipping container specs or 40 container dimensions are common.

                                    4. Plan for loading

                                    • Make use of the 20 ft shipping container dimensions to optimize stacking and storage.

                                    “Selecting the wrong container size can lead to overpaying for space you don’t need or worse, running out of space mid-shipment. Matching your cargo type and volume to the correct container size is not just a logistical decision, it’s a financial one.”

                                    Why do you think businesses choose different types of shipping containers?

                                     Frequently Asked Questions(FAQs)

                                    1. What are the 20 ft container dimensions in inches?

                                    A standard 20 ft shipping container measures approximately 240 inches long, 96 inches wide, and 102 inches high externally. Internally, it’s about 233″ L x 92″ W x 94″ H, making it ideal for compact cargo needs.

                                    2. How wide is a 20ft shipping container?

                                    A 20ft container has a width of 8 feet, which equals 96 inches externally. Internally, the usable width is about 92 inches, allowing space for two standard pallets side by side.

                                    3. What are the 40 ft shipping container dimensions?

                                    A typical 40ft shipping container is 480 inches long, 96 inches wide, and 102 inches high on the outside. Internally, it offers around 472″ x 92″ x 94″ of space and holds approximately 2,390 cubic feet of cargo.

                                    4. What is included in 20 foot shipping container specs?

                                    The 20 foot shipping container specs cover size (20′ x 8′ x 8’6″), volume (~1,170 cu ft), tare weight (~4,850 lbs), and max gross weight (~52,910 lbs). These specs make it perfect for small-to-medium freight loads.

                                    5. How do dimensions for a 40 ft shipping container compare to a 20 ft one?

                                    A 40 ft container is double the length of a 20 ft unit, with nearly twice the internal volume. However, both containers share the same standard width (96″) and height (102″), making them stackable and interchangeable in transport systems.

                                    6. What is the 20 ft container height and why does it matter?

                                    The 20 ft container height is 8 feet 6 inches (102 inches). This matters for warehouse storage, overland transport clearance, and stacking during ocean freight shipping.

                                    7. What are the 40ft container specifications most relevant for cargo planning?

                                    Important 40ft container specifications include a usable interior space of ~2,390 cubic feet, a tare weight of around 8,000 lbs, and max gross weight up to 67,200 lbs—ideal for high-volume, high-weight cargo planning.

                                    Know Your Container Dimensions Before You Book

                                    Knowing the size of a 20ft shipping container or the 40 feet container dimensions can significantly impact your logistics planning and overall shipping costs. Whether you’re moving goods across the country or shipping internationally, understanding standard container specifications helps you avoid costly mistakes and ensures every load fits the right space.

                                    Ready to ship smarter and avoid surprises? Contact us  to get expert guidance on choosing the right container for your freight.

                                    References

                                    Bureau International des Containers. (n.d.). ISO Container Standards. Retrieved from https://www.bic-code.org 

                                    Statista. (2024). Container throughput at ports worldwide from 2012 to 2023 (in million TEUs). Retrieved from https://www.statista.com 

                                    UNCTAD. (2024). Review of Maritime Transport 2024. Retrieved from https://unctad.org

                                    The post 20ft & 40ft Shipping Containers: Dimensions and Specifications appeared first on SPI Logistics.

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                                    Freight Broker Commission: How Brokers Get Paid and What They Earn https://spi3pl.com/freight-broker-commission-how-brokers-get-paid-and-what-they-earn/ Sun, 11 May 2025 10:27:20 +0000 https://spi3pl.com/?p=3271 If you've ever wondered how freight brokers fit into the supply chain, and more importantly, how they earn their income, this blog is your guide. Freight brokers are vital in the logistics industry, serving as the middlemen between shippers and carriers. Their earnings can vary, but understanding freight broker commission structures, typical freight broker rates,…

                                    The post Freight Broker Commission: How Brokers Get Paid and What They Earn appeared first on SPI Logistics.

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                                    If you’ve ever wondered how freight brokers fit into the supply chain, and more importantly, how they earn their income, this blog is your guide. Freight brokers are vital in the logistics industry, serving as the middlemen between shippers and carriers. Their earnings can vary, but understanding freight broker commission structures, typical freight broker rates, and how much brokers make per load is key to grasping their business model.

                                    What is Freight Broker Commission?

                                    Freight broker commission refers to the earnings a freight broker makes by arranging transportation services between shippers and carriers. This commission is the broker’s cut from the total payment made by the shipper after paying the carrier.

                                    • A well-negotiated freight broker commission can lead to high profitability (FreightWaves, 2024).
                                    • It is the main source of income for freight brokers.
                                    • Derived from the difference between what the shipper pays and what the carrier receives.
                                    • Also called the “margin” or “spread.”

                                    “A clear understanding of freight broker commission helps new brokers price effectively and remain competitive in changing markets.”

                                    How Do Freight Brokers Get Paid?

                                    A freight broker doesn’t own trucks or cargo. Instead, they coordinate shipments between those who need freight moved and the carriers who have the capacity to move it. So, how do freight brokers get paid? They typically charge the shipper a higher rate than they pay the carrier, and the difference is their profit, commonly referred to as the freight broker commission.

                                    • The earnings model is scalable based on load volume.
                                    • Freight broker commission is included in the total rate charged to the shipper.
                                    • Payment is usually collected upfront or after successful delivery.
                                    • Technology platforms often facilitate instant quoting and payment processes (Freightos, 2024).

                                    “Leveraging digital platforms and automation tools can accelerate payment cycles and help brokers manage commissions more effectively.”

                                    What are some pros and cons of relying entirely on commission-based income as a freight broker?

                                    Commission Models for Freight Brokers

                                    There are several commission models used in the freight brokerage industry. The choice depends on the business structure, partnerships, and market focus.

                                    1. Flat Percentage Commission: Brokers earn a fixed percentage (e.g., 15%) of the total shipment cost.

                                      For example, if a broker arranges a $2,000 shipment and takes a 15% freight broker commission, they would earn $300 regardless of other factors. This model provides consistent income per shipment (FreightWaves, 2024).

                                      2. Tiered Commission: Commission percentage increases with higher volume or revenue thresholds.

                                      For example, a brokerage firm might offer 10% commission for up to $50,000 in monthly revenue, and 20% once the broker surpasses that threshold. This model rewards high-performing brokers with greater income potential.

                                      3. Fixed-Fee Model: A set dollar amount per load, regardless of shipment value.

                                        For example, a broker may earn $150 per load whether the shipment costs $1,000 or $3,000. This model works well in standardized markets where pricing is predictable, but may limit profit on high-value loads.

                                        4. Profit-Sharing: Brokers and agents split the net profit from each load based on predefined terms.

                                          For example, if the total profit on a load is $500 after paying the carrier, the broker might keep 60% ($300), and the agent receives 40% ($200). This model encourages collaboration and shared responsibility for margin management.

                                          Each model impacts how much a freight broker makes per load and overall profitability depending on how loads are sourced, priced, and managed.

                                          “Choosing the right commission model depends on broker experience, business volume, and niche specialization, new brokers may benefit from flat-rate models to maintain steady income.”

                                          Which commission model do you think offers the best balance between stability and earnings potential for new brokers?

                                          Freight Broker Commission Percentage Explained

                                          A common question in the industry is: what is the average freight broker commission percentage? Typically, it ranges between 10% and 35%, depending on the complexity of the shipment, the route, the type of cargo, and market conditions (Indeed, 2024).

                                          1. Independent Freight Brokers: These brokers work for themselves and typically retain the full commission from each load they arrange.

                                            For example, if an independent broker negotiates a 25% freight broker commission on a $2,500 load, they take home the full $625. While they bear the full responsibility for finding clients, managing loads, and ensuring smooth transactions, they also enjoy the full financial reward. This model offers high income potential, especially for experienced brokers with strong industry networks and negotiation skills.

                                            2. Employed Freight Brokers: These brokers work under a brokerage firm or logistics company. They usually receive a fixed salary or a percentage split of the freight broker commission earned per load.

                                              For instance, if the company earns a 25% commission on a $2,500 load ($625), the broker may receive 50% of that amount, equaling $312.50. While their income per load is lower, employed brokers benefit from company support, lead generation, technology platforms, and back-office assistance, which can offer more job security and a consistent workflow.

                                               Freight broker rates are also influenced by how much time and negotiation is required to secure reliable carriers. A broker who provides high-quality service and has strong industry connections can often command a better commission structure.

                                              • Market trends heavily influence the average freight broker commission percentage. For instance, during peak seasons or in volatile fuel markets, commission percentages may either rise due to urgency or drop due to tightened margins.
                                              • 15–25% is a common range in most standard freight lanes. For example, a broker managing regular routes for retail goods might consistently earn a 20% commission on shipments valued at $2,000, resulting in a $400 commission per load.
                                              • Niche or expedited loads may allow for commissions of up to 35%. A broker specializing in urgent medical supply shipments may charge a premium due to time sensitivity and complexity, earning $700 on a $2,000 load.
                                              • Lower commissions (10–15%) are typical for high-volume contracts. Employed brokers working with major logistics firms may handle 20+ loads daily with a smaller margin, such as 12% on each $1,500 shipment, generating about $180 per load, but with high frequency.

                                              “A broker’s ability to provide added value, such as faster booking times or better carrier vetting, can justify a higher commission percentage in competitive markets.”

                                              Looking for a more detailed breakdown of freight broker earnings and percentages? Learn more here.

                                              How Much Does a Freight Broker Make Per Load?

                                              When it comes to income, you might be asking: how much does a freight broker make per load? This varies significantly. For instance, on a $1,500 shipment, if a broker takes a 20% freight broker commission percentage, they earn $300.

                                              • Earnings per load range from $100 to $500+.
                                              • Specialized or expedited freight may offer higher earnings.
                                              • Brokers working independently may retain full commission, while those at firms may split it.
                                              • Load complexity and negotiation skills affect commission size.

                                              So, how much do freight brokers make per load consistently? It depends on volume, specialization, and market demand. Some brokers handle dozens of loads per week, while others focus on high-value, specialized shipments.

                                              “The key to higher earnings per load lies in securing niche lanes and leveraging long-term shipper-carrier partnerships.”

                                              What strategies can brokers use to consistently increase their earnings per load, especially in competitive or low-margin freight lanes?

                                              Factors That Influence Freight Broker Rates

                                              Freight broker rates aren’t static, they’re influenced by fuel prices, shipping lanes, seasonal demand, and overall economic activity. For instance, freight broker rates typically rise during the holiday season when shipping demand spikes (DAT Freight & Analytics, 2024).

                                              • Lane popularity: Higher competition can lower rates.

                                              For example, a broker arranging freight on a popular lane like Los Angeles to Dallas may face lower margins due to multiple carriers competing for loads, reducing the broker’s ability to mark up rates significantly.

                                              • Distance and delivery time: Long-hauls and tight deadlines often increase rates.

                                              For example, a shipment from New York to Seattle with a 48-hour deadline may allow a broker to negotiate a premium, increasing the freight broker commission due to the urgency and fuel costs involved.

                                              • Freight type: Perishables or hazardous materials command higher margins.

                                              For instance, a load of frozen seafood requiring refrigerated transport may have a higher commission potential because fewer carriers offer this service, allowing brokers to charge a premium.

                                              • Economic conditions: Inflation, fuel surcharges, and labor costs all play a role. During periods of high fuel prices or driver shortages, brokers can often justify higher rates to shippers, increasing their profit margin per load.

                                              For example, during the 2021 fuel surge, brokers handling long-haul routes saw their freight broker rates increase by 10-15%.

                                              • Negotiation: freight broker’s ability to negotiate with both shippers and carriers. Those with advanced technology and data-driven insights can often optimize routes and pricing, improving their commission and profitability.Check out our blog to understand how to connect with shippers as a freight broker

                                              For example, a tech-savvy broker using real-time freight analytics might identify backhaul opportunities that maximize truck usage, reducing costs for the carrier and increasing margins for the broker.

                                              “Smart brokers use data analytics and market visibility tools to capture better rates, reduce deadhead miles, and build stronger lanes.”

                                              Curious about smart pricing strategies and margin-boosting insights? Explore our Freight Broker Solutions.

                                              Frequently Asked Questions (FAQS)

                                              1. How much does a freight broker make per load?
                                              Freight brokers typically earn $100 to $500+ per load, depending on the load value and freight broker commission percentage.

                                              2. What is the average freight broker commission percentage?
                                              The typical freight broker commission percentage ranges from 10% to 35%, based on shipment type, urgency, and market demand.

                                              3. How do freight broker rates impact earnings?
                                              Higher freight broker rates lead to greater profits per load, especially in niches like refrigerated freight or expedited shipping.

                                              Claim Your Freight Broker Commission

                                              Understanding freight broker commission, how brokers get paid, and the typical freight broker commission percentage is essential for anyone entering the logistics world. Knowing how much a freight broker makes per load or the typical freight broker rates can help shippers and new brokers alike set realistic expectations.

                                              Ready to take control of your freight profits? Contact us to discover how successful agents grow.


                                              References

                                              DAT Freight & Analytics. (2024). Freight Broker Market Trends. Retrieved from https://www.dat.com

                                              FreightWaves. (2024). Freight Broker Earnings and Industry Insights. Retrieved from https://www.freightwaves.com

                                              Freightos. (2024). How Freight Brokers Get Paid. Retrieved from https://www.freightos.com

                                              Indeed. (2024). Freight Broker Salary Guide. Retrieved from https://www.indeed.com

                                              The post Freight Broker Commission: How Brokers Get Paid and What They Earn appeared first on SPI Logistics.

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                                              Top LTL Carriers: How to Choose the Right Partner https://spi3pl.com/top-ltl-carriers-how-to-choose-the-right-partner/ Sat, 03 May 2025 22:49:23 +0000 https://spi3pl.com/?p=3309 When it comes to shipping freight, less-than-truckload (LTL) services are a critical part of the logistics ecosystem. Businesses of all sizes rely on LTL solutions to move smaller loads efficiently without incurring the cost of a full truckload. But with so many LTL providers in the market, how do you choose the best fit for…

                                              The post Top LTL Carriers: How to Choose the Right Partner appeared first on SPI Logistics.

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                                              When it comes to shipping freight, less-than-truckload (LTL) services are a critical part of the logistics ecosystem. Businesses of all sizes rely on LTL solutions to move smaller loads efficiently without incurring the cost of a full truckload. But with so many LTL providers in the market, how do you choose the best fit for your needs In this guide, we’ll explore the best LTL companies, their rankings, and what sets them apart. We’ve compiled a list of LTL carriers that includes both industry veterans and rising stars. The goal is to help you navigate the crowded field of top LTL trucking companies and pinpoint the best LTL carrier for your specific needs.

                                              What is an LTL Carrier?

                                              An LTL carrier is a transportation company that specializes in moving freight that doesn’t require a full truckload. These less than truckload companies consolidate shipments from multiple customers to optimize trailer space and reduce shipping costs.

                                              Key characteristics of LTL carriers include:

                                              • Handling shipments typically weighing between 150 and 15,000 pounds
                                              • Using a hub-and-spoke network of terminals
                                              • Offering freight tracking and delivery scheduling
                                              • Providing cost-effective solutions for small and mid-sized shipments

                                              “Selecting the right LTL carrier can significantly impact your shipping efficiency and cost savings.”

                                              Understanding the LTL Landscape

                                              The LTL sector is dominated by several major players. These largest LTL companies lead in fleet size, geographic reach, and customer satisfaction. When examining LTL carriers by size, factors like terminal count, trailer fleet, and annual revenue help determine the largest LTL trucking companies.

                                              For shippers seeking reliability, the best LTL freight companies often offer:

                                              • Nationwide or regional coverage
                                              • Real-time tracking and updates
                                              • Dependable delivery times
                                              • Excellent customer support

                                              These features are hallmarks of the top LTL companies and are why many businesses rely on them for consistent shipping services. The U.S. LTL market was valued at approximately $86 billion in 2023 and is projected to reach $95 billion by 2026, driven by increased e-commerce volumes and regional fulfillment centers (Statista, 2024).

                                              “Shippers should prioritize LTL providers that offer transparency, digital tools, and regional strength, as these qualities consistently translate into higher delivery success rates and customer satisfaction.”

                                              Types of LTL Carriers

                                              Not all LTL carriers operate the same way. Understanding LTL carriers by size helps both shippers and drivers make informed decisions based on operational reach, service capacity, and specialization. A detailed LTL carriers list provides clarity on which companies can meet various logistical needs. The various types can help you choose the right partner for your freight needs:

                                              1. National LTL Carriers: These serve coast-to-coast and are ideal for shippers with nationwide distribution.

                                              Example: FedEx Freight and XPO Logistics are prime examples of national LTL carriers. Their expansive networks cover a vast range of territories, including urban and rural areas across the country.

                                              1. Regional LTL Carriers: Operating within specific areas of the country, they often provide faster and more personalized service.

                                              Example: Southeastern Freight Lines and Dayton Freight are well-known regional LTL carriers. They offer quicker transit times and specialized services in specific regions such as the Southeast and Midwest.

                                              1. Sub-Regional LTL Carriers: These smaller carriers focus on localized service within sub-regions of a state or neighboring states.

                                              Example: Companies like Pitt Ohio and Daylight Transport operate as sub-regional LTL carriers, covering limited, yet highly optimized, routes.

                                              1. Asset-Based LTL Carriers: Own their trucks and facilities, providing more control over freight movement.

                                              Example: Old Dominion Freight Line and YRC Freight are examples of asset-based LTL carriers. They manage their own fleets and infrastructure, which allows for greater control over deliveries.

                                              1. Non-Asset-Based LTL Carriers: Rely on partner networks to move freight, offering flexibility and broader coverage.

                                              Example: C.H. Robinson and Transplace operate as non-asset-based LTL carriers, coordinating with a network of third-party carriers to move freight.

                                              Identifying the right type within the LTL carriers list can streamline operations and improve delivery performance.

                                              “Choosing the right type of LTL carrier is critical to optimizing both cost and efficiency in your shipping operations.”

                                              Which type do you think offers the best balance for mid-sized enterprises looking to scale operations?

                                              Factors for Choosing the Best LTL Carriers

                                              To identify the best LTL freight companies, consider the following factors:

                                              1. Service Coverage: Ensure the carrier services all your delivery destinations.

                                              Example: A business shipping to both rural areas and urban centers may need an LTL carrier like FedEx Freight, which has a robust network that covers even the most remote locations.

                                              1. Reliability: Look for low claims ratios and on-time delivery metrics.

                                              Example: Old Dominion Freight Line is known for its reliability, boasting a 99% on-time delivery rate, making it a top choice for businesses with time-sensitive shipments. (FreightWaves, 2023).

                                              1. Technology: Advanced tracking systems and digital tools improve transparency.

                                              Example: XPO offers state-of-the-art tracking systems that allow businesses to track their shipments in real-time, providing both shippers and receivers with visibility throughout the journey. (XPO, 2024).

                                              • Pricing Structure: Competitive rates that fit your shipping volume and needs.

                                              Example: Estes Express Lines provides flexible pricing that allows small to medium-sized businesses to take advantage of affordable shipping without sacrificing service quality. (Freightquote, n.d.).

                                              1. Customer Support: Accessible and responsive support teams are a must.

                                              Example: Saia Inc. is known for its excellent customer support, offering 24/7 service and responsive teams to resolve issues quickly.

                                              1. Reputation: Choose carriers ranked among the top LTL carriers or top LTL freight companies.

                                              Example: FedEx Freight is consistently ranked among the best LTL companies for its strong reputation, both in service quality and customer care.

                                              1. Driver Satisfaction: Companies known as the best LTL companies to drive for often reflect overall strong management and culture.

                                              Example: Companies like Old Dominion Freight Line are highly ranked by drivers, offering competitive pay and benefits, along with a strong company culture that promotes work-life balance. These criteria help differentiate the best LTL trucking companies from average players, helping businesses and drivers find long-term success

                                              “Choosing the right LTL carrier goes beyond cost alone. It’s about finding a reliable, efficient partner that fits your specific needs.”

                                              When selecting an LTL carrier, how do you prioritize factors like reliability versus pricing, and why?

                                              Who Are the Top Performers in the Industry?

                                              Identifying the top LTL companies requires evaluating factors such as on-time delivery, claims ratio, coverage, and pricing. If you’re wondering who are the top 5 LTL carriers?  these names stand out due to their market share, service quality, and operational reach

                                              1. FedEx Freight: As the largest U.S. provider of less-than-truckload (LTL) services, FedEx Freight reported revenues of $9.045 billion in 2024. (Transport Topics, 2024).

                                              Key Strengths:

                                              • Extensive national network with comprehensive coverage.
                                              • Advanced tracking and logistics technology.
                                              • Strong brand recognition and customer trust.

                                                Example: A manufacturer needing reliable nationwide delivery schedules shipments with FedEx Freight to ensure timely arrivals across multiple states.

                                                1. Old Dominion Freight Line: With revenues of $5.866 billion in 2024, Old Dominion is renowned for its exceptional service quality. (Old Dominion, 2024)

                                                Key Strengths:

                                                • 99% on-time delivery rate.
                                                • 99.7% claim-free service.
                                                • Extensive service center network enhancing efficiency.

                                                  Example: A retailer chooses Old Dominion for its high-value merchandise shipments, relying on their low damage rates and punctual deliveries.

                                                  1. XPO: XPO reported revenues of $4.671 billion in 2024 and is known for its technological advancements in logistics. (XPO, 2024).

                                                  Key Strengths:

                                                  • Real-time tracking and data-driven logistics solutions.
                                                  • Coverage of 99% of U.S. ZIP codes.
                                                  • Strong integration capabilities with customer systems.

                                                    Example: An e-commerce company integrates XPO’s tracking system to provide customers with real-time shipment updates.​

                                                    1. Estes Express Lines: With revenues of $4.338 billion in 2024, Estes has a long-standing reputation in the freight industry.

                                                    Key Strengths:

                                                    • 98% on-time delivery rate.
                                                    • Comprehensive freight services including LTL and time-critical shipments.
                                                    • Strong safety record and customer service.

                                                      Example: A healthcare supplier uses Estes for time-sensitive deliveries, benefiting from their reliable service and safety standards.​

                                                      1. Saia Inc.: Saia reported revenues of $2.881 billion in 2024 and has expanded from a regional to a national carrier. (Transport Topics, 2024).

                                                      Key Strengths:

                                                      • 97% on-time delivery rate.
                                                      • Low claims ratio indicating careful handling.
                                                      • Strategic expansion enhancing national coverage.

                                                        Example: A regional distributor partners with Saia to leverage their expanding network for broader market reach.​

                                                        These top LTL carriers not only rank highly in capacity and reach but also deliver exceptional service quality, making them reliable choices for various shipping needs.

                                                        “Partnering with the largest LTL carriers ensures access to extensive networks and reliable services that can scale with your business growth.”

                                                        Looking for faster and more reliable carrier payments? Streamline your process with our industry-leading solutions.

                                                        Best LTL Trucking Companies for Drivers

                                                        For drivers looking to join reputable transportation trucking companies, selecting from the best LTL companies to drive for is key. The best LTL trucking companies not only offer competitive pay but also benefits such as:

                                                        • Comprehensive health insurance
                                                        • Retirement savings plans
                                                        • Home time flexibility
                                                        • Opportunities for career advancement

                                                        Among the best LTL companies to drive for, Old Dominion, FedEx Freight, and Estes are often rated highly in driver satisfaction surveys.

                                                        “Choosing a top-tier LTL trucking company is crucial for drivers looking for stability and growth.”

                                                        What benefits do you think are most important for drivers when choosing an LTL trucking company, pay, home time, or advancement opportunities?

                                                        Top Freight Companies in the US

                                                        While LTL carriers play a significant role, it’s important to recognize broader logistics leaders. Here’s a list of the top freight companies in the US that includes full-truckload (FTL), LTL, and integrated logistics firms:

                                                        1. FedEx Corporation: FedEx offers a range of services, including FedEx Express, FedEx Ground, and FedEx Freight, covering everything from express air shipping to ground deliveries, making it one of the best LTL trucking companies for efficient shipments.

                                                        2. UPS: UPS is another global logistics giant offering a comprehensive suite of services, including UPS Freight and UPS Supply Chain Solutions. UPS is known for its extensive network and its ability to handle large-scale shipments across the globe.

                                                          Example: UPS Freight provides LTL and FTL shipping, while Supply Chain Solutions helps businesses optimize inventory and distribution management. It is regularly featured in the top 10 freight companies list for its dependability and service range.

                                                          3. XPO Logistics: XPO Logistics is frequently chosen as one of the best LTL freight companies for its ability to manage complex supply chains and provide both LTL and full-truckload services. Their tech-powered approach positions them as a top LTL trucking company for modern freight needs.

                                                            4. J.B. Hunt Transport Services: Known primarily for its FTL and intermodal services, J.B. Hunt has grown into one of the most significant logistics providers. It offers integrated solutions that cover freight brokerage, dedicated contract services, and supply chain management.

                                                              Example: J.B. Hunt’s intermodalservices combine rail and truck transportation, providing a flexible solution for both LTL and FTL needs. Their top LTL carriers also include their efficient LTLfreight services tailored to meet diverse shipping requirements.

                                                              5. Schneider National: Schneider is well-known for both truckload (FTL) and LTL services, providing expansive coverage across North America. It offers dedicated trucking, intermodal services, and logistics solutions for all types of freight.

                                                                Example: Schneider is a go-to provider for shippers looking for reliable LTLservices, particularly in the retail and manufacturing sectors. Their LTL carriers by size allow them to scale their services efficiently, making them one of the largest LTL carriers.

                                                                6. C.H. Robinson: As a major 3PL (third-party logistics) provider, C.H. Robinson excels in freight brokerage and logistics management. The company connects customers with a network of carriers for LTL, FTL, and intermodal shipping.

                                                                  Example: Robinson’s technology platform offers shippers a digital marketplace to book and track freight, making it easy to manage LTL shipments alongside larger freight needs. Robinson regularly appears in list of LTL freight carriers for its reliability and flexibility.

                                                                  7. Knight-Swift Transportation: Knight-Swift is the largest FTL carrier in the U.S. but is also expanding its LTL and logistics services. It operates a large fleet of trucks and offers comprehensive freight solutions.

                                                                    Example: Knight-Swift’s focus on both efficiency and scalability makes it an excellent option for LTL shipments that require rapid delivery or specialized services. As one of the largest LTL trucking companies, it ensures competitive pricing and consistent service.

                                                                    8. Ryder System, Inc.: Ryder specializes in supply chain solutions and fleet management services. It offers full-service leasing, maintenance, and supply chain optimization for companies of all sizes.

                                                                      Example: Ryder’s ability to manage fleets and optimize supply chains makes it an attractive option for companies looking for LTLsolutions alongside long-term fleet management. It ranks highly among the best LTL companies for businesses with complex logistics needs.

                                                                      9. Old Dominion Freight Line: Old Dominion Freight Line consistently ranks high as a best LTL carrier, excelling in on-time deliveries and low damage rates. It is one of the top LTL companies with a reputation for reliability and customer satisfaction.

                                                                        10. Estes Express Lines: A family-owned LTL leader, Estes Express Lines is known for its reliability and broad service network across the U.S. It focuses heavily on providing excellent customer service.

                                                                          Example: Estes Express offers specialized solutions for LTL freight, with a reputation for fast and efficient delivery. It is frequently named among the best LTL trucking companiesfor its customer-first approach and reliable service.

                                                                          These top freight companies in the US are crucial players in the logistics landscape. Whether you’re looking for LTL or FTLservices, these firms represent the best in terms of service, coverage, and innovation. Their diverse offerings include everything from LTL freight companies to full-service logistics management, making them mainstays in the top 10 freight companiesglobally.

                                                                          “Leading freight companies in the US exemplify excellence not only in scale but also in their constant innovation.”

                                                                          Curious how to leverage top-tier LTL carriers for your shipping needs? Explore our shipping services today to discover how you can streamline your logistics.

                                                                          Frequently Asked Questions (FAQS)

                                                                          • What are the best LTL companies to drive for?

                                                                          Some of the best LTL companies to drive for include FedEx Freight, Old Dominion Freight Line, and Estes Express Lines, known for competitive pay, excellent benefits, and high driver satisfaction.

                                                                          • What factors should I consider when choosing an LTL carrier for shipping?

                                                                           When selecting an LTL carrier, consider their service area, delivery speed, reliability, and cost. Large national carriers like FedEx Freight and XPO Logistics offer expansive coverage, while regional LTL carriers provide faster, more personalized service.

                                                                          • How do I compare LTL freight companies by size and performance?

                                                                          To compare LTL freight companies by size, look at their fleet size, service area, and performance. Large carriers like FedEx Freight and XPO Logistics dominate in nationwide coverage, while smaller regional LTL carriers such as Dayton Freight provide quicker deliveries within specific areas.

                                                                          • What makes a good LTL carrier for small businesses?

                                                                          For small businesses, LTL carriers like R+L Carriers and Estes Express Lines offer reliable, flexible, and cost-effective shipping options with strong customer service and localized support.

                                                                              Discover LTL Carriers That Deliver Real Value

                                                                              Finding the best LTL carrier means more than just comparing prices, it’s about evaluating service quality, carrier reputation, and benefits for drivers. Whether you’re shipping freight or exploring career opportunities, knowing the difference between top LTL freight carriers, trusted companies, and industry giants helps you make the right call.

                                                                              Ready for dependable LTL solutions that move your business forward? Contact Us for trusted solutions backed by experience and service.

                                                                              References

                                                                              Statista. (2024). U.S. less-than-truckload (LTL) market size. Retrieved from https://www.statista.com
                                                                              Transport Topics. (2024). Top 100 For-Hire Carriers. Retrieved from https://www.ttnews.com/top100/for-hire/2024
                                                                              Freightquote. (n.d.). LTL freight rates and quoting. Retrieved from https://www.freightquote.com
                                                                              FreightWaves. (2023). On-time performance in LTL. Retrieved from https://www.freightwaves.com
                                                                              Old Dominion Freight Line. (2024). Annual report and service metrics. Retrieved from https://www.odfl.com
                                                                              XPO. (2024). LTL service technology. Retrieved from https://www.xpo.com

                                                                              The post Top LTL Carriers: How to Choose the Right Partner appeared first on SPI Logistics.

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                                                                              Rail Freight Shipping: Transforming the Logistics Industry https://spi3pl.com/rail-freight-shipping-transforming-the-logistics-industry/ Mon, 28 Apr 2025 14:58:32 +0000 https://spi3pl.com/?p=3303 Rail freight shipping is a pivotal component of the global logistics network, offering a sustainable, cost-effective, and efficient method for transporting goods across vast distances. Whether you're a logistics manager or a business owner, understanding how to ship rail can unlock new efficiencies and boost profitability.

                                                                              The post Rail Freight Shipping: Transforming the Logistics Industry appeared first on SPI Logistics.

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                                                                              Rail freight shipping is a pivotal component of the global logistics network, offering a sustainable, cost-effective, and efficient method for transporting goods across vast distances. Whether you’re a logistics manager or a business owner, understanding how to ship rail can unlock new efficiencies and boost profitability.

                                                                              What is Rail Freight?

                                                                              Rail freight shipping involves the movement of goods via trains across extensive rail networks. Often confused with passenger rail services, rail freight shipping is entirely focused on transporting commodities and commercial cargo.

                                                                              Key Components:

                                                                              • Freight Train Containers: Standardized containers that facilitate easy loading, unloading, and transfer between different transportation modes.​
                                                                              • Intermodal Transport: The seamless integration of rail with other transport modes, allowing for efficient door-to-door delivery.​
                                                                              • Bulk Cargo: Transportation of unpackaged goods like coal, grains, and minerals in large quantities.​
                                                                              • Rail freight transport includes a variety of train types, from flatcars to tankers. In 2023, the U.S. freight rail system moved over 28 billion ton-miles of goods daily (Association of American Railroads [AAR], 2023).

                                                                              “Rail freight provides the backbone of bulk logistics—its scalability and reach are unmatched in long-haul transport”

                                                                              Key Benefits of Shipping by Rail

                                                                              Businesses choose shipping by rail for several strategic reasons:

                                                                              1. Cost Savings:

                                                                              • If you’re wondering how much does it cost to ship by rail, the answer is often less than trucking for bulk loads (U.S. Department of Energy, 2022)
                                                                              • Trains use less fuel per ton-mile, providing economical long-haul transport.

                                                                              2. Capacity and Flexibility:

                                                                              • Freight train containers allow efficient cargo movement.
                                                                              • Shipping container on train systems are ideal for intermodal logistics. One double-stack train can carry the equivalent of 280 truckloads (Federal Railroad Administration [FRA], 2023).

                                                                              3. Reliability:

                                                                              • Railroad deliveryand railroad shipping follow consistent schedules.
                                                                              • Fewer delays compared to road transport.

                                                                              4. Environmental Benefits:

                                                                              • Lower carbon emissions. Rail freight emits 75% fewer greenhouse gases compared to trucks for the same load (Environmental Protection Agency [EPA], 2023).
                                                                              • Sustainable for companies focused on green logistics.

                                                                              “Companies adopting rail logistics report lower carbon emissions and reduced fuel volatility risks”

                                                                              How can businesses strategically shift to rail freight to reduce long-term shipping costs and carbon emissions without disrupting their existing supply chains?

                                                                              The Mechanics of Shipping Freight by Rail

                                                                              Understanding how freight train shipping works can help businesses optimize their operations:

                                                                              1. Freight Train Containers:

                                                                              • Standardized containers used in intermodal transport.
                                                                              • Allow easy transfer between ships, trucks, and trains.

                                                                              2. Shipping Container on Train:

                                                                              • Ensures quicker loading and unloading.
                                                                              • Reduces handling costs and cargo damage.

                                                                              3. Freight Train Shipping Infrastructure:

                                                                              • Includes terminals, rail yards, and connections to ports and highways.
                                                                              • Supports seamless railroad delivery.

                                                                              4. Freight train cargo

                                                                              • Securely loaded into specialized cars based on the type of goods being transported.

                                                                              Shipping freight by rail accommodates a wide range of cargo. Here’s a breakdown of common goods transported by rail

                                                                              • Bulk Commodities: Coal, iron ore, grains, and other raw materials.​
                                                                              • Consumer Goods: Electronics, clothing, and packaged foods transported in containers.​
                                                                              • Automobiles: Vehicles shipped using specialized rail cars.​
                                                                              • Chemicals and Petroleum: Transported in tank cars designed for hazardous materials.
                                                                              •  Other items include: Agricultural products, Construction materials, Industrial chemicals

                                                                              “Intermodal rail strategies are not just scalable, they’re future-proof, especially in a market battling fuel price hikes and labor shortages”

                                                                              What are the critical operational challenges when integrating intermodal rail freight into a traditional road-based logistics network?

                                                                              Types of transport models

                                                                              Rail freight offers several models of transportation, each tailored to meet specific industry needs. These transport models are designed to enhance logistics efficiency and reduce costs through strategic planning and technological integration.

                                                                              1. Freight train transport: This model is ideal for heavy bulk commodities such as coal, lumber, and minerals.

                                                                              For instance, companies in the mining industry rely on this model to transport raw materials to processing plants across long distances (Mining.com, 2023)

                                                                              2. Rail road freight: A hybrid solution that merges traditional rail networks with contemporary logistics technology.

                                                                                For example, a manufacturer might use rail road freight to move auto parts from an inland factory to a coastal export terminal, syncing train schedules with warehousing systems for minimal downtime.

                                                                                3. Railroad freight transportation: This model integrates rail, road, and maritime shipping.

                                                                                  For example, a global distributor may use railroad freight transportation to send electronics from a Chinese port to a European hub via a combination of train and sea, streamlining global supply chain operations (World Bank Logistics Report, 2023).

                                                                                  “Rail’s unmatched energy efficiency makes it the most climate-resilient option for moving freight today”

                                                                                  Looking for a reliable and efficient shipping solution? Learn more about our shipping services and get started.

                                                                                  Models and Options for Rail Shipping

                                                                                  Choosing the right method to ship by rail depends on your cargo and timelines:

                                                                                  Ship by railroad: Use large rail lines for consistent, national freight movement.

                                                                                  For example, national retailers often rely on this method to replenish inventory across states using well-established freight routes (AAR, 2023).

                                                                                  • Ship rail: Great for cross-country or intermodal needs.

                                                                                  For example, a logistics company moving goods from Los Angeles to New York might use ship rail to connect with ports and road freight in a seamless transition.

                                                                                  • Moving by rail: Ideal for long-distance relocation of commercial goods.

                                                                                  For example, a furniture manufacturer may relocate its products from Midwest warehouses to East Coast outlets using rail to minimize road congestion and reduce costs.

                                                                                  • Train shipping: Often used for cars and large machinery.

                                                                                  For example, automotive manufacturers frequently depend on train shipping to deliver new vehicles from assembly plants to dealerships across the country.

                                                                                  More options:

                                                                                  • Rail shipping services tailored to specific industries.

                                                                                  For example, agriculture-focused carriers offer rail shipping solutions that include climate-controlled cars for perishables like produce or dairy.

                                                                                  • Railroad delivery ensures last-mile efficiency when paired with trucking.

                                                                                  For example, a beverage company might use rail for bulk delivery to regional hubs, then finish the route with trucks for local store distribution.

                                                                                  • Railroad shipping providers offer custom schedules and tracking tools. Technology companies often choose railroad shipping for high-volume, non-urgent components that benefit from predictable delivery and real-time logistics data.

                                                                                  “Rail is no longer just a traditional option—it’s a strategic advantage in modern freight planning”

                                                                                  How can companies decide between dedicated rail shipping models and intermodal options based on cargo type, geography, and urgency?

                                                                                  Factors affecting the cost of shipping by rail

                                                                                  When evaluating the cost of shipping by rail, several factors come into play:​

                                                                                  1. Distance: Longer distances often result in lower costs per unit due to economies of scale.​

                                                                                  Example: Shipping a container from Chicago to Los Angeles may cost less per mile compared to a shorter haul from Chicago to St. Louis due to better efficiency over longer routes.

                                                                                  2. Volume: Larger shipments can reduce the cost per unit.​

                                                                                    Example: A company shipping 100 tons of coal in one bulk shipment will pay less per ton than if it were shipped in smaller, separate loads.

                                                                                    3. Type of Goods: Hazardous or perishable goods may incur additional costs due to special handling requirements.​

                                                                                       Example: Shipping flammable chemicals requires specialized tank cars and compliance with safety regulations, which can increase the overall cost.

                                                                                      4. Route and Infrastructure: Availability of direct rail lines and the need for intermodal transfers can affect pricing.​

                                                                                        Example: A shipment traveling along a major rail corridor with minimal transfers (e.g., from New York to Atlanta) will likely be cheaper than a shipment requiring truck-to-rail transfers in remote areas.

                                                                                        “While rail freight is generally more cost-effective for bulk shipping, businesses must consider route availability and specialized handling fees to get an accurate picture of total costs.”

                                                                                        Looking for accurate shipping quotes or a seamless carrier payment solution? Reach out  to get started!

                                                                                        Practical Tips for Businesses

                                                                                        To get the most from shipping freight by rail:

                                                                                        • Choose freight train containers suited for your products.
                                                                                        • Compare costs for ship by railroad vs trucking.
                                                                                        • Track fuel and time savings with shipping by train metrics.
                                                                                        • Plan logistics with intermodal hubs that support shipping container on train infrastructure.
                                                                                        • Optimize your supply chain by integrating rail shipping with inventory management.

                                                                                        “Businesses that embed rail into their logistics DNA gain long-term cost and carbon advantages”

                                                                                        Looking to get started with rail freight logistics? Connect with us to discover the future of freight train cargo.

                                                                                        Frequently Asked Questions (FAQS)

                                                                                        • What do freight trains carry?

                                                                                        Freight trains carry a wide range of goods, from agricultural products like grains and livestock to industrial materials such as steel and coal. Trains are also used to transport consumer goods, vehicles, and even hazardous materials when appropriate.

                                                                                        • What do railroads transport?

                                                                                        Railroads transport nearly every type of freight, from raw materials to finished goods. They are particularly essential for bulk shipments, including petroleum, grains, and chemicals. In addition, rail freight shipping allows for the transportation of large machinery and other heavy items.

                                                                                        • What is railway freight?

                                                                                        Railway freight is the transportation of goods via a network of railroads. This method is often preferred for long distances and large volumes of freight because of its cost efficiency and reduced environmental impact compared to other modes of transport.

                                                                                        • How much does it cost to ship by rail?

                                                                                        The cost of shipping by rail depends on various factors, including the type of goods, distance, and volume. However, rail freight generally offers more affordable pricing for large shipments than trucking, especially over long distances. On average, rail freight shipping can be 2 to 4 times more fuel-efficient than truck transport.

                                                                                        • What do trains transport?

                                                                                        Trains transport a variety of goods across vast distances, including bulk commodities like coal and minerals, consumer goods, agricultural products, and hazardous materials. The wide capacity of freight trains makes them ideal for transporting large quantities of goods efficiently.

                                                                                        • What are freight train containers?

                                                                                        Freight train containers are large, standardized containers that are used to transport goods via rail. These containers are often used in rail shipping for intermodal transport, allowing goods to be easily transferred between rail, road, and sea transport systems.

                                                                                        • What is freight train cargo?

                                                                                        Freight train cargo refers to the goods being transported on freight trains. This cargo can vary greatly, from agricultural products and machinery to fuel and construction materials. The ability of freight trains to carry large quantities makes them ideal for heavy and bulk shipments.

                                                                                        • How does railroad freight transportation work?

                                                                                        Railroad freight transportation works by utilizing specialized railcars designed for different types of cargo, including flatcars, tankers, and boxcars. Goods are loaded into these railcars and transported across long distances, with minimal environmental impact compared to trucks.

                                                                                        Discover the Benefits of Freight Train Shipping

                                                                                        Freight train shipping offers unmatched efficiency, capacity, and environmental benefits. Whether you’re transporting heavy machinery, fresh produce, or raw materials, choosing to ship by rail can transform your logistics strategy. As more companies tap into the cost savings and reliability of rail freight, it’s clear that rail is becoming the backbone of global commerce. With evolving infrastructure and advancing technology, now is the perfect time to take advantage of the momentum in rail shipping.

                                                                                        Ready for a smarter, more sustainable shipping solution? Contact us to explore rail freight options

                                                                                        References

                                                                                        Association of American Railroads. (2023). Freight rail facts & figures. Retrieved from https://www.aar.org

                                                                                        Environmental Protection Agency. (2023). Greenhouse gas emissions from transportation. Retrieved from https://www.epa.gov

                                                                                        Federal Railroad Administration. (2023). Intermodal freight transportation overview. Retrieved from https://railroads.dot.gov

                                                                                        U.S. Department of Energy. (2022). Transportation energy data book. Retrieved from https://www.energy.gov

                                                                                        Mining.com. (2023). Global mineral freight transportation trends. Retrieved from https://www.mining.com

                                                                                        World Bank. (2023). Logistics performance index and global freight outlook. Retrieved from https://www.worldbank.org

                                                                                        The post Rail Freight Shipping: Transforming the Logistics Industry appeared first on SPI Logistics.

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                                                                                        LTL Freight Pricing: Cut Costs & Gain a Competitive Edge https://spi3pl.com/ltl-freight-pricing-cut-costs-gain-a-competitive-edge/ Thu, 17 Apr 2025 14:45:35 +0000 https://spi3pl.com/?p=3148 Navigating the world of freight shipping can be overwhelming, especially regarding LTL pricing. Less-than-truckload (LTL) shipping offers businesses a cost-effective way to move smaller loads without paying for a full truck. However, the process of determining accurate shipping costs involves several factors and methods of calculation. In this comprehensive guide, we’ll explore what impacts LTL…

                                                                                        The post LTL Freight Pricing: Cut Costs & Gain a Competitive Edge appeared first on SPI Logistics.

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                                                                                        Navigating the world of freight shipping can be overwhelming, especially regarding LTL pricing. Less-than-truckload (LTL) shipping offers businesses a cost-effective way to move smaller loads without paying for a full truck. However, the process of determining accurate shipping costs involves several factors and methods of calculation. In this comprehensive guide, we’ll explore what impacts LTL pricing, how companies arrive at these rates, and what you need to know about LTL rating to manage your shipping expenses effectively.

                                                                                        What is LTL Shipping?

                                                                                        LTL shipping allows multiple shippers to share space on the same truck. Each shipment typically weighs between 150 and 15,000 pounds. The carrier combines shipments from various customers, making it more efficient and economical than full truckload shipping for smaller freight.

                                                                                        “LTL shipping is the most efficient way to move freight for businesses that don’t need a full truck—both environmentally and economically.”

                                                                                        What is LTL Rating and Why Does It Matter?

                                                                                        Understanding LTL pricing starts with identifying the key variables that influence it:

                                                                                        • Weight and Dimensions: The size and weight of your freight directly impact the cost. Larger or heavier shipments take up more space and require more resources.

                                                                                          For example, a 500-pound pallet that takes up half a truck costs more than a 200-pound compact crate. (Freightquote, n.d.)

                                                                                          • Freight Class: Determined by the National Motor Freight Classification (NMFC), freight class considers density, handling, stowability, and liability.

                                                                                           For instance, a dense stack of metal rods may have a lower freight class than a fragile set of plastic parts. (National Motor Freight Traffic Association [NMFTA], n.d.)

                                                                                          • Distance and Route: Longer distances and complex routes usually mean higher costs.

                                                                                          For example, shipping from New York to California will generally cost more than shipping from New York to Pennsylvania. (uShip, n.d.)

                                                                                          • Accessorial Charges: Additional services such as liftgate delivery, inside pickup, or limited access fees can increase your total shipping costs.

                                                                                          For example, delivering to a residential address often incurs additional fees (Freightquote, n.d.).

                                                                                          • Fuel Surcharges: These fluctuate based on fuel prices and are often added as a percentage of the base rate.

                                                                                          For example, if diesel prices rise, you might see a 10% surcharge added to your rate. (Freightquote, n.d.)

                                                                                          According to the American Trucking Associations, fuel costs rose by 20% in 2023 due to market volatility, impacting LTL pricing across the board (ATA, 2024).

                                                                                          “The key to controlling LTL pricing lies in mastering the fundamentals—know your freight, optimize your routes, and always question extra charges.”

                                                                                          How can businesses strategically reduce their LTL shipping costs by adjusting key factors like freight class, packaging, and accessorial services?

                                                                                          How to Calculate LTL Freight Rates

                                                                                          Many businesses struggle with how to calculate LTL freight rates, but understanding the basics can save time and money. To accurately determine LTL freight rates, follow these steps:

                                                                                          1. Determine Freight Class: Assess the shipment’s density, stowability, handling, and liability to identify its NMFC freight class.​

                                                                                            Example: Let’s say you’re shipping gym weights and yoga mats. The gym weights are dense and compact, classified as Class 50. The yoga mats, being lightweight and bulky, are Class 150. Because of the higher classification, the mats will cost more to ship even if they weigh less. This difference is built into the LTL rating system and dramatically affects the overall cost.

                                                                                            Understanding freight class is a core step when learning how to calculate LTL freight rates correctly.

                                                                                            2. Measure Weight and Dimensions: Accurately measure the shipment’s weight and dimensions to calculate its density and ensure proper classification.​

                                                                                              Example: A pallet of engine parts weighs 600 lbs and measures 48″ x 40″ x 40″. Converting that to cubic feet:
                                                                                              (48 × 40 × 40) ÷ 1,728 = 44.44 cubic feet.
                                                                                              Density = 600 ÷ 44.44 = 13.5 lbs/cu ft.
                                                                                              That density may place it in Class 70 — a favorable LTL rating for pricing.

                                                                                              3. Calculate Density: Divide the total weight by the total cubic feet to find the shipment’s density, which influences its freight class.​

                                                                                                Example: A 300 lb shipment that occupies 30 cubic feet has a density of 10 lbs/cu ft. This would likely fall into Class 92.5. However, if you pack it more efficiently and reduce volume to 20 cubic feet, the new density is 15 lbs/cu ft — bumping it to Class 70, lowering your LTL pricing significantly.

                                                                                                4. Identify Shipping Distance: Consider the distance between the pickup and delivery locations, as longer distances generally increase costs.​

                                                                                                  Example: Shipping a pallet from Los Angeles to Phoenix (a major freight lane) may cost $180, while shipping the same load to a remote part of Idaho may cost $300. Even with the same freight class, LTL pricing varies due to lane efficiency and carrier availability.

                                                                                                  5. Account for Additional Services: Factor in any required accessorial services that may add to the total shipping cost

                                                                                                    Example: Say your shipment of office furniture is being delivered to a school (a limited-access location). If you didn’t declare that upfront, the carrier may charge $75+ for a surprise accessory. Add a liftgate charge of $65, and your total LTL pricing just increased by $140 due to these two services.

                                                                                                    6. Consult Carrier Base Rates and Discounts: Review carrier-specific base rates and apply any negotiated discounts to estimate the final shipping rate.​

                                                                                                      Example: You request a quote from two carriers for a Class 70, 500-lb shipment from Dallas to Denver.

                                                                                                      Carrier B’s base rate is $350, but a 35% discount reduces it to $227.50.
                                                                                                      Although Carrier B’s base rate is higher, your actual LTL pricing is lower due to the discount — a perfect example of why understanding how to calculate LTL freight rates goes beyond just comparing base numbers.

                                                                                                      Carrier A quotes $280 with no discount.

                                                                                                      Freight calculators and transportation management systems (TMS) can also assist in determining how to calculate LTL freight rates more accurately. These tools factor in real-time data, negotiated rates, and historical shipment trends.

                                                                                                      “Technology gives you visibility and control—use it to your advantage when calculating LTL costs.”

                                                                                                      Looking for an easier way to calculate LTL freight rates? Explore our shipping services to access tools, real-time quotes, and expert support.

                                                                                                      Tips to Optimize LTL Shipping Strategy

                                                                                                      To make the most of your shipping budget, consider these tips:

                                                                                                      • Consolidate Shipments: Whenever possible, consolidate smaller shipments to reduce overall costs.

                                                                                                      For instance, two 300-lb shipments going to the exact location can often be shipped cheaply together. (Freightquote, n.d.)

                                                                                                      • Package Efficiently: Reducing wasted space and using proper packaging helps lower your freight class.

                                                                                                      For example, using stackable boxes reduces volume and the risk of reclassification.

                                                                                                      • Use Technology: Employ a TMS to streamline quoting, booking, and tracking. Companies using automated systems report 30% faster booking times.
                                                                                                      • Negotiate Rates: Frequent shippers should negotiate contracts for better pricing. Some businesses secure annual rate discounts of up to 20%. (Freightquote, n.d.)

                                                                                                      “Smart logistics isn’t about spending more—it’s about spending right.”

                                                                                                      Explore smarter shipping solutions and discover how we can help you optimize your strategy. Learn more about us.

                                                                                                      Frequently Asked Questions (FAQs)

                                                                                                      1. What is LTL pricing, and how is it calculated?
                                                                                                      LTL pricing is the cost structure used for less-than-truckload shipments. It’s calculated based on freight class, weight, dimensions, distance, and accessorial charges. Freight calculators and TMS platforms help businesses determine these rates accurately.

                                                                                                      2. Why is LTL rating important for my business?
                                                                                                      Understanding your LTL rating ensures you’re charged appropriately for your shipments. Proper ratings prevent costly reclassifications and allow you to optimize your shipping budget.

                                                                                                      3. How can I reduce my LTL freight costs?
                                                                                                      To lower LTL pricing, consolidate shipments, use accurate freight descriptions, leverage TMS platforms, and negotiate with carriers. Knowing how to calculate LTL freight rates helps you stay in control.

                                                                                                      Unlock Smarter LTL Shipping

                                                                                                      Whether you’re a seasoned logistics manager or new to the game, understanding the intricacies of LTL pricing is essential. With a solid grasp on calculating LTL freight rates and insight into LTL rating systems, you can make smarter decisions, save money, and improve delivery efficiency. As e-commerce and distribution demands continue to grow, mastering these concepts becomes increasingly valuable for any business involved in shipping.

                                                                                                      Ready to simplify your LTL shipping strategy? Contact us to navigate pricing and optimize every load.


                                                                                                      References

                                                                                                      American Trucking Associations (ATA). (2024). Trucking Industry Update. Retrieved from https://www.trucking.org

                                                                                                      Freightquote. (n.d.). LTL freight rates and quoting. Retrieved from https://www.freightquote.com

                                                                                                      Logistics Management. (2023). Annual Logistics Report. Retrieved from https://www.logisticsmgmt.com

                                                                                                      National Motor Freight Traffic Association. (n.d.). Freight classification guide. Retrieved from https://www.nmfta.org

                                                                                                      uShip. (n.d.). LTL shipping rates. Retrieved from https://www.uship.com

                                                                                                      The post LTL Freight Pricing: Cut Costs & Gain a Competitive Edge appeared first on SPI Logistics.

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                                                                                                      Finding Freight Shippers As A Carrier: Top 10 Methods For Success https://spi3pl.com/finding-freight-shippers-as-a-carrier-top-10-methods-for-success/ Fri, 23 Feb 2024 21:10:56 +0000 https://live-spi-logistics.pantheonsite.io/?p=763 For a freight carrier to succeed, it needs to work with a wide range of quality shippers. However, this doesn't magically happen, and as a carrier, you need to build up a shipping list you can rely on. While some shippers might come to you, you need to find them yourself most of the time,…

                                                                                                      The post Finding Freight Shippers As A Carrier: Top 10 Methods For Success appeared first on SPI Logistics.

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                                                                                                      For a freight carrier to succeed, it needs to work with a wide range of quality shippers. However, this doesn’t magically happen, and as a carrier, you need to build up a shipping list you can rely on. While some shippers might come to you, you need to find them yourself most of the time, and the thought of doing so might seem a little daunting.

                                                                                                      However, you don’t have to worry because there are many strategies out there that you can implement that will help you attract shippers and grow your company. We have put together a guide with the top ten approaches you can use to find new freight shippers, providing useful tips for each one. After trying a few of them, you should have a fully packed client base before you know it.

                                                                                                      Make the most of online freight marketplaces

                                                                                                      As an experienced carrier, you’ve probably heard of online freight marketplaces before. They’re platforms on the internet that allow shippers to find freight carriers to move their goods. They act a bit like a freight broker, as they are a middleman between the two parties, minus the additional services. A shipper posts a freight load, and a carrier will bid to book these loads.

                                                                                                      If this is your first time going on an online freight marketplace and you’re looking to find new shippers to work with, it’s definitely something you should consider visiting. It provides you with increased visibility to shippers you may have never crossed paths with before, and you can also find shippers who align better with your industry and skills.

                                                                                                      Here are some tips for effectively using online freight marketplaces:

                                                                                                      • Set up an attractive profile that includes all relevant details, including what sets you apart from your competition.
                                                                                                      • Turn on notifications so you can receive alerts whenever a shipment that matches your skills pops up.
                                                                                                      • Build a positive reputation by encouraging shippers to leave you five-star reviews.
                                                                                                      • Place your bids strategically, ensuring never to bid so low that it will affect your profitability.

                                                                                                      Attend networking and industry events

                                                                                                      Freight Brokers International

                                                                                                      Networking plays a vital role in any industry, and it is particularly useful in the freight industry when carriers are looking to connect with new shipping clients. No matter where you are, whether in North America or elsewhere, you can no doubt find a good number of quality networking events that will hook you up with like-minded individuals in the industry and help make your presence known among shippers.

                                                                                                      These networking events have many direct shippers to interact with, and you can also meet other individuals and companies throughout the supply chain, such as freight brokers and freight forwarders. They may not be the connections you’re looking for, but they can potentially help refer you to shippers if you develop a good working relationship with them.

                                                                                                      If you’ve never attended a networking event before and want to know how you can succeed, follow these tips:

                                                                                                      • Prepare for each event beforehand, including who will be speaking, the shippers who will be there, and your agenda.
                                                                                                      • Develop a smooth elevator pitch you can use on any potential customers you’re looking to work with.
                                                                                                      • Get on social media and make your presence known by interacting with forums and event hashtags.

                                                                                                      Build relationships with freight brokers

                                                                                                      We mentioned that talking to freight brokers at networking events is just as important as interacting with shippers, and there’s a reason for that. A freight broker acts as an intermediary between carriers and shippers, which means they have connections that could benefit you. Often, one of their services is matching carriers with suitable freight loads, so you can use one to help you pick up more freight shipping to transport.

                                                                                                      Not only do freight brokers help you find more shippers, but they can also take away a lot of the administrative burden you face as a carrier. This is because they handle all the paperwork and billing, meaning you can focus on what you do best.

                                                                                                      Here are a couple of tips you can follow to build strong relationships with freight brokers:

                                                                                                      • Conduct market research on reputable and reliable brokers who work with well-established shipping companies.
                                                                                                      • Keep all of your communication professional, but remember to communicate your strengths and values effectively.
                                                                                                      • Build a level of trust with the freight broker to show that you’re a reliable carrier that they’d be lucky to work with.
                                                                                                      • Be open to making negotiations with freight brokers, ensuring the deal is fair for both parties.

                                                                                                      Utilize your social media presence

                                                                                                      Logistics Broker

                                                                                                      For any company to be successful and generate leads, they need to utilize their social media platforms. Not only does frequently posting on your various accounts help keep your current shipping list informed on your carrier services, but it can also showcase your competitive advantage to shippers who are looking to work with a new carrier.

                                                                                                      There are various ways you can create a strong online presence for your carrier business via social media. One is by putting together a content strategy. You can create things such as blog posts, articles, or videos with useful information that addresses shipper pain points and link them to each of your social media platforms. It is also always a good idea to make carousel posts where you can display a number of client testimonials and case studies to display how effective your services are.

                                                                                                      Some additional tips for attracting shippers through social media include the following:

                                                                                                      • Tailor each of your posts to address the specific needs and pain points of the shippers you’re trying to target.
                                                                                                      • Introduce various forms of interactive content such as polls, Q&A sessions, and live videos.
                                                                                                      • Reply to every comment and message on your social media accounts.
                                                                                                      • Offer value to your audience by sharing industry tips and insights that could benefit them.

                                                                                                      Try some direct outreach methods

                                                                                                      If you don’t want to wait for the shippers to come to you, you can always go directly to them through various outreach methods. Some of these include cold calling, warm calling, and direct mail. Cold calls involve putting together a list of leads that haven’t shown interest in your carrier service and calling them up to try to bring them on. Warm calls are similar; however, the shippers have shown previous interest. Direct mail includes sending emails or postal mail directly to the shipper with detailed information about your services.

                                                                                                      The best ways to craft your outreach strategy and messages, regardless of whether they’re a form of calling or direct mail, are pretty much the same. You need to ensure you are tailoring your approach to the individual shipper and offering a clear and concise message that highlights the benefits and solutions you can offer as a reliable carrier. Always ensure you end your direct customer outreach method with a call to action.

                                                                                                      Here are some do’s of direct communication with freight shippers:

                                                                                                      • Maintain a level of professionalism at all times.
                                                                                                      • Listen actively and pay attention to the shipper’s needs.
                                                                                                      • Follow up with the shipper after initial interest.
                                                                                                      • Provide solutions for their pain points rather than just selling.

                                                                                                      Engage in industry publications and forums

                                                                                                      Transportation Management Solutions

                                                                                                      A strategy that many freight carriers overlook is staying updated on the industry using various publications and forums. It might not seem like an obvious method to pick up new customers, but knowledge is power, and you can gain valuable knowledge from these sources. Not only do they offer access to industry insights, but they also provide you with information on emerging technologies that can provide you with a competitive advantage.

                                                                                                      There are various ways you can engage in the right publications and forums, but you need to stay by identifying the ones that will benefit you. Of course, you can look for freight-related content, but you should also look into the industry that your shippers work in.

                                                                                                      Here are some tips you can follow that help you use these resources to connect with potential shippers and new clients:

                                                                                                      • Identify potential shippers you can contact or interact with via various discussion boards or newsletters.
                                                                                                      • Contribute value by offering to give advice to a specific publication or actively sharing insights in relevant forums.
                                                                                                      • Use all the resources you can to build a reputation and establish your credibility within the industry.
                                                                                                      • Convert your online relationships into offline relationships by exchanging contact details for more private discussions.

                                                                                                      Partner with third-party logistics (3PL) companies

                                                                                                      Within the freight industry, you’ll also come across various third-party (also known as 3PL) companies. These businesses help freight forwarders, brokers, agents, carriers, and shippers with various logistics operations to help streamline the supply chain. They also often act as brokers themselves, which means they have access to a wide range of shippers that you could potentially work with.

                                                                                                      It is ideal to partner with 3PL companies, such as SPI Logistics, because they not only help you increase your shipping list but also make the whole process of communicating with the shippers much easier. They implement a wide range of advanced technology to optimize the logistics of the freight and track each shipment using real-time visibility.

                                                                                                      Here are some of the other main benefits of partnering with 3PL companies such as SPI Logistics:

                                                                                                      • You have more access to a list of shippers you can work with, ensuring you have more work throughout the year.
                                                                                                      • There are consistent freight opportunities that will increase your annual income and help your carrier company grow.
                                                                                                      • 3PL companies handle all the administrative tasks for carriers and shippers, including paperwork and negotiation of costs.
                                                                                                      • They have a strong level of expertise in various forms of technology that can enhance operational efficiency.

                                                                                                      Offer additional services

                                                                                                      As a freight carrier, there is a main service you offer your clients, and that’s the transportation of their goods. However, that doesn’t have to be all you can offer them. In fact, many carrier companies are starting to offer additional services that complement transportation, giving them a competitive edge that sets them apart and attracts shippers to choose them over others.

                                                                                                      Before you consider adding more services to your roster, you need to evaluate if you have the capacity to do so. You need to ensure that all the additional services you’re offering will maintain the same standard of quality as your transportation; if not, you might actually end up losing the interest of shippers.

                                                                                                      Here are some of the additional services that might attract new shippers:

                                                                                                      • Introduce an advanced tracking system that will track all your freight transportations in real time.
                                                                                                      • Offer to warehouse the shipper’s goods for a temporary amount of time.
                                                                                                      • Provide customized packaging and handling solutions for freight that meets specific requirements.
                                                                                                      • Introduce various forms of technology that will optimize the supply chain and help your shippers save costs.
                                                                                                      • Offer a form of insurance or risk mitigation solutions that will further protect the shipper’s cargo.

                                                                                                      Rely on referrals from current shippers

                                                                                                      Freight Broker Classes

                                                                                                      One of the best ways to pick up new clients is by relying on referrals from your current clients. When you do a good job and build strong relationships with the shippers you’re already working with, they are much more likely to recommend you to other shippers in their industry. Therefore, to acquire these referrals, you need to strike up and maintain a strong relationship with the customers you already have.

                                                                                                      You can also push for referrals even further by implementing a referral program. This encourages your current client base to refer you to others, and when another shipper signs up to work with you, they’re rewarded with special rewards such as discounts, credit, and exclusive services. The new shipper will need to mention who referred them, so ensure you include these in your terms and conditions.

                                                                                                      Here are some top tips for setting up a referral program to attract new shippers:

                                                                                                      • Specify the rewards you’ll be providing your clients for each referral.
                                                                                                      • Provide clear and concise guidelines on how the program works so there is no confusion.
                                                                                                      • Put together a way you can track the referrals whether it’s through automated tracking or manually in your system.
                                                                                                      • Promote the referral program to your shipping list and on social media platforms.

                                                                                                      Track and evaluate your success

                                                                                                      This strategy might not involve approaching or interacting with shippers directly, but it definitely helps with signing on new shippers in the future. If you’ve been using any of the methods mentioned above, but you still don’t seem to be picking up any new customers, you might want to see where you are going wrong. You can do this by tracking and evaluating your success and then adjusting your strategy, so it is more productive.

                                                                                                      Before you start any method to attract freight shippers, whether it’s boosting your social media presence or putting together a referral program, you should implement a tracking method that will help you evaluate your efforts. This can be anything from an analytic tool to call and email tracking. You should then frequently use these methods to analyze your success.

                                                                                                      If you find the method you’ve been using isn’t working, you might need to regroup and readjust. Here are some of the ways you can do that:

                                                                                                      • Look at which methods are the most successful and see what is making them come out on top.
                                                                                                      • Put more time and resources into the channels that are helping you generate the highest-quality leads.
                                                                                                      • Take some of the strategies used in the successful methods and start implementing them in the less successful methods.
                                                                                                      • Perform regular evaluations to see how your adjustments are going, and make more changes if needed.

                                                                                                      Conclusion

                                                                                                      It’s not the easiest job finding new shippers as a freight carrier, especially since the industry is so competitive. However, when you try the various methods mentioned above and track your success, you’re no doubt going to see an increase in your shipping list.

                                                                                                      As mentioned, one of the ways you can connect with shippers is by partnering with a 3PL company, like SPI Logistics. SPI Logistics is a reliable organization that offers some of the best services in the industry, from seamless payment systems to innovative tracking tools.

                                                                                                      If you want to get started with enhancing your customer base, all you need to do is contact one of the experts at SPI Logistics. We are always happy to help you and can set you up with a free demo of our services to get you started.

                                                                                                      FAQs

                                                                                                      How can I find the best online freight marketplaces to use?

                                                                                                      Some of the factors you should consider when looking for an online freight marketplace are ease of use, transparent pricing, reliability, and reputation.

                                                                                                      How can a carrier make themselves stand out among the competition?

                                                                                                      Freight carriers can stand out among the competition when attracting new shippers by offering value-added services, addressing customer pain points, and offering tailored services.

                                                                                                      What are the benefits of carriers attending networking events?

                                                                                                      Some of the benefits of attending networking events as a carrier include building relationships with shippers and other big names in the industry, learning more about industry trends, and developing collaborations with other carriers.

                                                                                                      How can I measure the success of my referral program?

                                                                                                      You can measure the success of your referral program by using a tracking tool that will track how many referrals you’re receiving and the conversion rate of referred leads.

                                                                                                      The post Finding Freight Shippers As A Carrier: Top 10 Methods For Success appeared first on SPI Logistics.

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                                                                                                      The Fight Against Scammers In The Logistics Sector https://spi3pl.com/the-fight-against-scammers-in-the-logistics-sector/ Fri, 20 Oct 2023 15:38:08 +0000 https://spi3pl.com/?p=1157 In today’s post, we’re thrilled to share an exclusive interview with Mark Funk, a key figure in our industry's fight against fraud and scams. Mark has collaborated with external partners to devise strategies that directly confront these issues. Today, he’ll share insights into their proactive measures to stop scammers who exploit rented trucks and falsify…

                                                                                                      The post The Fight Against Scammers In The Logistics Sector appeared first on SPI Logistics.

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                                                                                                      In today’s post, we’re thrilled to share an exclusive interview with Mark Funk, a key figure in our industry’s fight against fraud and scams. Mark has collaborated with external partners to devise strategies that directly confront these issues. Today, he’ll share insights into their proactive measures to stop scammers who exploit rented trucks and falsify registration details to carry out their schemes.

                                                                                                      During our chat, Mark also reflected on Trey’s point about the leadership at SPI Logistics. He spoke highly of his interactions with our dedicated team, from the customer support staff to the top executives. The SPI team is passionate about their work and deeply committed to prioritizing the needs of our agents.

                                                                                                      Stay tuned as we explore these topics further, learning from Mark’s experiences and our team’s collective efforts to safeguard our industry’s integrity.

                                                                                                      Table of Contents

                                                                                                      • [00:00] Introduction
                                                                                                      • [00:05:44] Scammers rent trucks, get inspections and deceive.
                                                                                                      • [00:09:10] SPI Logistics offers a plug-and-play solution for small freight brokerages.
                                                                                                      • [00:17:09] Education to door-to-door sales.
                                                                                                      • [00:17:55] Successful sales after intense 15-month preparation.
                                                                                                      • [00:23:07] Helping people find solutions they need.

                                                                                                      Transcript

                                                                                                      Trey Griggs [00:00:46]:
                                                                                                      What did you do before this that, put you in this position to, to jumping on the on the carrier procurement side.

                                                                                                      Mark Funk [00:00:52]:
                                                                                                      Yeah. Wow. Okay. So, prior to working here, I was actually the director of carrier procurement at A company called R&L Global Logistics, and, you know, I did a 3 year stint there. And then prior to that, I was director of carrier operations at Total Quality Logistics for 10 years. And then, prior to that, I was the, administration supply chain manager for Sara Lee US Foods, and and Prior to that, I worked for a company where I would actually travel internationally and and, you know, vet, suppliers and do some of the the, Shipping from overseas into the states.

                                                                                                      Trey Griggs [00:01:26]:
                                                                                                      Yeah. The one that stands out to me is Sara Lee. Did you get some good pies or something out of that deal?

                                                                                                      Mark Funk [00:01:31]:
                                                                                                      You you know, Trey, one of the things about Sara Lee, when I right there, I was thinking, you know, pies, it’s great. But, you know, at the time, you know, certainly it’s so much larger. Right? You you’re talking Hillshire farmer, Conn’s, back then it was Hanes Kiwi shoe polish, you know. It it just goes on. It’s $18,000,000,000 company. So, Yeah. But, yeah, I did eat my cherry pie.

                                                                                                      Trey Griggs [00:01:51]:
                                                                                                      Yes. I I figured you might have gotten a good cherry pie or something from time to time. Well, I

                                                                                                      Mark Funk [00:01:54]:
                                                                                                      was hoping the camera would make me a little

                                                                                                      Trey Griggs [00:01:55]:
                                                                                                      bit bigger, but that doesn’t is happening. Well, you know, we do what we can around here. We do our best. But it’s clear that you you’ve been around the block. You’re not a newbie at this. You’ve seen a lot in the industry. You’ve done this for a long time. And, you know, right now, there’s a lot of issues that are facing, you know, the industry, freight brokers in particular, Agents in particular, and I think about this a lot because especially for what you guys do with agents.

                                                                                                      Trey Griggs [00:02:18]:
                                                                                                      I mean, the reason why somebody becomes an agent is usually because they’re really good with customer and, again, good with sales. But in terms of, like, grabbing carriers, you know, booking freight and that type of thing, maybe they don’t wanna do that. Maybe you guys are helping them out with that or maybe they are doing that. But The vetting process has been a pretty cumbersome process over the years and is especially cumbersome now because of all the fraud, theft, and double brokering that’s going on in the industry. How are you guys helping your agents really tackle that problem, so that it’s not an issue for them as little as possible? It’s almost impossible to eliminate. We’re getting close to it, I think, with some technology. What are you guys doing?

                                                                                                      Mark Funk [00:02:52]:
                                                                                                      Yeah. You know, so, Trey, that’s great. Right? When you think back about, you know, what happened in the industry in 2008, 2009, you saw a rise in a lot of fraud and and things like that. But that is nothing to compare to what’s happening right now. You go to any conference, you talk to any customer, you talk to any agent, We’re with SPI or other other companies. One of the things that they run into is this whole fraud and and scamming that’s happening. Right? And and when you look at the different types of scams that are out there, I mean, you know, you got the ComCheck scams, you got the double brokering scams, you got the double brokering with theft Scams. You got the triple brokering with warehouse scams.

                                                                                                      Mark Funk [00:03:29]:
                                                                                                      You and it just goes on. Right? So, you know, here at SPI, what we’re doing is we’re really leveraging In in diving into technology. See, one of the things that that’s different now versus what it was back, you know, in 2008, 2009 when this stuff really became prevalent, is the type of technology. Right? So, you know, we’re we’re partnering with with great vendors in the industry right now. Shout out to Highway, you know, we’re we’re with Highway, great platform. A lot of, technology there. You know, another shout out to Carrier Assure. You know, Cassandra and what that team is doing over there, which is just fabulous.

                                                                                                      Mark Funk [00:04:06]:
                                                                                                      Right? And and, you know, we we bring in a lot of different technology, but That’s a little bit different with with SPI. Instead of going with just 1 single platform, We’re taking that platform, and we’re using our internal IT expertise and bringing all of those together. So when our agents go to look at a carrier, they can quickly say, this is a carrier that I should be able to to trust calling our customers from.

                                                                                                      Trey Griggs [00:04:33]:
                                                                                                      Yeah. Yeah. I think that’s huge. You know? And you we saw, the partnership between CarrierSure and Truckstop recently. We also saw the partnership with Highway and TIA with their Watchdog product. And so It’s also good to see these companies really starting to work together to eradicate an issue that’s it’s causing a lot of problems for the entire industry. And, You know, there there’s really there’s really no way to completely eliminate it, but the the closer we can get to it, the better it is for the industry. And that’s what I like about, like, what Highway is doing is because they’re keeping the bad players out of party altogether until the bad players probably figure out a way to circumvent around that.

                                                                                                      Trey Griggs [00:05:05]:
                                                                                                      We’re I feel like we’re constantly gonna have to iterate to stay 1 step ahead of the the bad actors in the industry, kinda like hackers. Like, you’re never gonna completely eliminate hackers. You gotta keep Changing your security protocols to make sure you can keep them out. It it’s a never ending game, it seems like.

                                                                                                      Mark Funk [00:05:21]:
                                                                                                      What? You’re you’re exactly right. So, you know, one of the things that, that We used to look at a lot was inspections on carriers, right? So, you know, this was the days before we had highway carrier insurance, some other technology, we would look at, you know, carrier four zero one. We will look at inspections. If care didn’t have inspections, they weren’t business for, you know, 18 months, 2 years, maybe a little bit shorter than that as well. You guys start wondering, okay, why is that?

                                                                                                      Trey Griggs [00:05:43]:
                                                                                                      Yeah. Right.

                                                                                                      Mark Funk [00:05:44]:
                                                                                                      Right. So but so we would start excluding here, not just us, but other brokers and agent and and agencies in in the industry. So you know what they do? The the scammers, the bad actors, so what they do is they go out and they get a straight truck. They rent a straight truck, and they get these placards made up, And they slap it on the side of a rented straight truck, and they drive through and they get an inspection. So then you know what? Boom. That MC now has an inspection. You know, and and some ways to prevent that and and find that, but, that that’s a a great thing that, That that, we were able to to identify with the help of of external partners, but that’s that’s one area as well. You know, some some of the issues that we have too are just related to how MCs are handled and how they’re issued, and and there’s some things with that.

                                                                                                      Mark Funk [00:06:30]:
                                                                                                      But, You know, technology has been able to help us out a lot. And, you know, again, leveraging some of our internal technology, we’ve been able to link in Some of our telephony solutions as well and be able to identify that maybe this number is associated with a a known bad actor and things like that, as well as an email. So before you go to send that out, we can check that and say, hey, wait a minute, that’s that’s not a good

                                                                                                      Trey Griggs [00:06:55]:
                                                                                                      Good answer.

                                                                                                      Mark Funk [00:06:56]:
                                                                                                      Or it’s not associated with that carrier. Yep.

                                                                                                      Trey Griggs [00:06:59]:
                                                                                                      And that’s what I love about what Highway is doing as well is they’re bringing financial data into the equation as well. They’re being bringing in, you know, VIN numbers in the equation as well. If you got a carrier that has 2 trucks and has, you know, 60,000 in payables in a week, that’s not that’s not possible. Right? I mean, that’s So so being able to line all that up and say there’s something wrong here. There’s a flag here. We need to we need to do a further inspection or we need to just have a tolerance that eliminates them. I think those are the types of technologies. And as they continue to iterate and get better and better, are gonna make it a lot easier for brokerages to do that.

                                                                                                      Trey Griggs [00:07:30]:
                                                                                                      You guys provide that for your agents. That’s all included. When a agent on board with SPI Logistics, these services are all just, you know, par for the course. These are table stakes. Correct?

                                                                                                      Mark Funk [00:07:39]:
                                                                                                      Absolutely. Absolutely. There there’s no no additional charge or anything like that to the agents at all. Right? So so if you’re an agent for SPI, you know, we have that technology. We make it available. Obviously, it’s in our system for the agents. It because look. I I don’t know if you’ve actually tendered and out there on slum freight before.

                                                                                                      Mark Funk [00:07:54]:
                                                                                                      Right? But you said

                                                                                                      Trey Griggs [00:07:55]:
                                                                                                      6 months. You know that fun? I do.

                                                                                                      Mark Funk [00:07:57]:
                                                                                                      Okay. So you get it.

                                                                                                      Trey Griggs [00:07:58]:
                                                                                                      Right? Yeah.

                                                                                                      Mark Funk [00:07:59]:
                                                                                                      You spend all that time, you you’re getting that that relationship together with a customer, you made all these cold calls, they’ve hung up on you, they’ve hung up you finally, okay, hey, I’m gonna give you this chance. And it’s always some load going from nowhere to nowhere. Right? Yeah.

                                                                                                      Trey Griggs [00:08:12]:
                                                                                                      So you’ve got Hardest load possible. That’s right.

                                                                                                      Mark Funk [00:08:14]:
                                                                                                      Hardest load if it wasn’t hard, you wouldn’t have it.

                                                                                                      Trey Griggs [00:08:17]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:08:17]:
                                                                                                      But that’s your that’s your chance. Right? So the last thing you wanna do is risk that load on a a carrier that may be less accept.

                                                                                                      Trey Griggs [00:08:25]:
                                                                                                      That’s right.

                                                                                                      Mark Funk [00:08:25]:
                                                                                                      You know, so what we try to do is we make sure that when our agent looks at a carrier, that they have all the updated information. They know what they’re getting. You know, one of the things also that that we’ve done is we’ve integrated a character scoring model where we take in components From all these different sources, well, as our own proprietary information. And we can take a look at that in in a real quick one letter transfers into a number, our agents can look at that and say, okay, this carrier should perform, you know, to a level of expectations that we would want, Right? And what that does, it does look at different data data signals and says, okay, hey, this carrier because of so many different Insights, we’re gonna exclude them.

                                                                                                      Trey Griggs [00:09:07]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:09:07]:
                                                                                                      Right? So yeah, that’s all part of the package.

                                                                                                      Trey Griggs [00:09:10]:
                                                                                                      And I think that’s the best thing about one of the best things about, you know, SPI Logistics and and freight brokerages and agents coming on board. You know, if you’re a small freight brokerage, you just might not have the capital to invest in these technologies to avoid some of these risks, Especially if you’re an agent. You know? I mean, a small agent is really a super small business, and they might not have the resources when they think they might need a TMS. They might need all these things. The technology is already there. They get to come in and plug and play and just stay in their sweet spot of selling or customers customer experience, whatever it might be. They’re able to sustain that, but they get all the benefits of a big shop just by joining with SPI.

                                                                                                      Mark Funk [00:09:45]:
                                                                                                      Oh, yeah. Absolutely. Right, Trey? So if you’re an agent and you’re gonna come to SPI, You’re getting top of the line technology. You’re get you’re getting excellent back office support. If there’s an issue, if there’s a problem, You reach out and and and the team takes care of that. Right? And and when I’m talking about top line technology, you know, we’re talking Salesforce. We’re talking revenue. We’re talking access the highway, we’re talking access of carrier, sure, we’re talking all of those different things that come together to make it as easy as possible for an agent.

                                                                                                      Mark Funk [00:10:14]:
                                                                                                      You know, look, A year ago, right, the the market was totally different. You could call a wrong number and probably get

                                                                                                      Trey Griggs [00:10:22]:
                                                                                                      a load from a customer. Right?

                                                                                                      Mark Funk [00:10:24]:
                                                                                                      But trying to find a truck was hard.

                                                                                                      Trey Griggs [00:10:26]:
                                                                                                      Right. Right.

                                                                                                      Mark Funk [00:10:27]:
                                                                                                      Okay? And now now everything’s changed. Right? Yeah. You know, so now you you post a load and, oh my gosh, your your phones light up. They blow up. So what we and that takes a time and energy. So what we wanna do is make it so easy that when when an agent goes in And they put this information in, and and you know what? I left this out of of of what we’re talking about too. You know, we partner with Parade. Right? So Parade is capacity matching solution.

                                                                                                      Mark Funk [00:10:50]:
                                                                                                      You build that load inside Revnova, inside Salesforce, and you’re gonna get a listing of carriers that you know have ran through our grading system, have met all these criteria, And you you know what you’re what you’re getting at, and you also know whether they have the the LD tracking and where they’re at. So it it’s just So much easier

                                                                                                      Trey Griggs [00:11:09]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:11:09]:
                                                                                                      In that regard. Agents have have their own stuff to worry about.

                                                                                                      Trey Griggs [00:11:11]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:11:12]:
                                                                                                      They shouldn’t have to worry about banning the carrier. Yeah.

                                                                                                      Trey Griggs [00:11:13]:
                                                                                                      No. It’s huge. And I got to be up in the in the headquarters About a a month ago, back in the middle of summer, I got to got to go up and and see everybody, meet the team, see how they worked with agents. Everybody up there enjoys working with the agents and making sure that they they, are there to support them and make them, make them helpful. That’s the sign to me of a really healthy organization when the frontline workers enjoy the jobs that they’re doing. They’re in the right seats. They see the value they’re providing. They see their purpose and their why.

                                                                                                      Trey Griggs [00:11:39]:
                                                                                                      And the leadership At SPI, I’ve been so impressed with that, you know, with, with Joe and with Mike and James and and and all of them. It’s just been impressive to see the the leadership. What attracted you to come be a part of the SPI team to support agents?

                                                                                                      Mark Funk [00:11:54]:
                                                                                                      You you know, it’s funny you say that, Trey, because What you just said, I probably couldn’t say it better. This this leadership team at at SPI, it’s totally different. You know, I I I’ve worked with some companies that that I I still feel very fondly about. Right? But, You know, when I got a chance to actually sit down and talk to Anita, Joe, and Mike, and the team, there there was that sense of of of of just, Hey. We love what we do, and and they they truly when they spoke, it it meant something. So, You know, my interactions with everybody in the team from, you know, on the customer support side all the way up through the the executive side, they believe in servicing the agents. They truly believe that. And and that’s great because, you know, the last thing you wanna do is is work somewhere where you don’t, You’re working with people who don’t believe what what they’re what they’re what they’re representing.

                                                                                                      Mark Funk [00:12:52]:
                                                                                                      So the commitment to quality to the agents was the number one thing for me. And as I was speaking to the team, the leadership team, you know, it came through that, hey, Mark. If you come on board with SPI, we’re gonna be here to support you. You’re you’re gonna be able to do what you need to do, and you’re gonna help us in our mission to serve the agents. So the leadership team is what sold me, but all the way all the way just their commitment to the agents, I guess.

                                                                                                      Trey Griggs [00:13:15]:
                                                                                                      Yeah. And I think that’s that that that’s the best part of organization is the leadership in terms of evaluating if you wanna be a part of an organization. So I think the SPI has that going for him in spades, and it was really funny to get up there. Have you been to Vancouver? What a beautiful place. Man. I love it.

                                                                                                      Mark Funk [00:13:28]:
                                                                                                      I have been. I’ve. It it is absolutely beautiful. Thankfully, I I was up there in the springtime, and, you know, it was really nice and it was warm because I’m down here in Florida, you know, so I I love this.

                                                                                                      Trey Griggs [00:13:39]:
                                                                                                      That’s quite the hall from Florida all the way to Vancouver. That’s like a 6 hour flight.

                                                                                                      Mark Funk [00:13:44]:
                                                                                                      Yeah. Well, that’s a 6 hour flight, but you got some layovers in between the way too. So But, yeah, you know, it’s a beautiful office. You know, it’s it’s a great environment. And and even the just Sit into the room with with the the agent or with the people who are supporting the agents and hearing those calls and and just the intensity in your voice, make sure that they’re pleasing the agents. It’s key.

                                                                                                      Trey Griggs [00:14:06]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:14:06]:
                                                                                                      It it it’s it’s exciting. It really is exciting.

                                                                                                      Trey Griggs [00:14:08]:
                                                                                                      Yeah. And SPI has, has its annual agent conference every other year in Vancouver. So that’s a little perk because they get to go to Vancouver every other

                                                                                                      Mark Funk [00:14:17]:
                                                                                                      year, and next year, it’s in Nashville. A perk.

                                                                                                      Trey Griggs [00:14:19]:
                                                                                                      I’m excited about Nashville, but, But being up there in Vancouver, it’s hard to beat. It’s so beautiful up there.

                                                                                                      Mark Funk [00:14:25]:
                                                                                                      Yeah. You know, you mentioned that, you know, we it it’s called rendezvous, and what we do is we bring all of our agents in, and it’s a chance To to celebrate who they are and their accomplishments for the year, you know, we go over some of our our our road maps of what we’re looking for and

                                                                                                      Trey Griggs [00:14:39]:
                                                                                                      what we’re gonna

                                                                                                      Mark Funk [00:14:40]:
                                                                                                      be rolling out. So it’s a it’s a great chance to to actually, mingle, have a good time, but then also set our sights on where we’re going as a company.

                                                                                                      Trey Griggs [00:14:49]:
                                                                                                      Yeah. Awesome. And I was in Nashville, recently for, a charity golf tournament. That’s a great that’s a fun town, man. It’s gonna be a good time next year. I think it’s gonna be in April. I know. So it’s gonna be a lot of fun to Yep.

                                                                                                      Trey Griggs [00:14:59]:
                                                                                                      See the agents and be together, that’ll be that’ll be a good time for sure. That’s that’s true.

                                                                                                      Mark Funk [00:15:03]:
                                                                                                      Fun note, this year coming up, or in April that you’re talking about, it’s it’s actually May, our 45th year in business. So very excited

                                                                                                      Trey Griggs [00:15:10]:
                                                                                                      about it. Nice. Excellent. I’m sure there’s a special name for 45. I don’t know what it is. I’ll have to look it up. But, yeah, that’ll be fun. That’ll be a good time.

                                                                                                      Trey Griggs [00:15:17]:
                                                                                                      We gotta pause for a minute because we’d like to have a little bit of fun on the show, Mark. And so today, we got a couple of things. First of all, we’re gonna look at a random question of the day. Now listen, we come up with it. Our podcast director come up with this question, every every show. I don’t know if it’s a funny question, serious question. Could be a good question. It could be a dud.

                                                                                                      Trey Griggs [00:15:34]:
                                                                                                      I don’t know. See what it is. Today’s random question of the day is let’s see what we got. What has been the most memorable moment of your We’re so far oh, kind of a serious one. Okay. What’s been the most memorable moment? Funny, serious, whatever. What do you got?

                                                                                                      Mark Funk [00:15:48]:
                                                                                                      Oh my gosh. I I wasn’t prepared for that. So most

                                                                                                      Trey Griggs [00:15:52]:
                                                                                                      No one ever is, Mark. That’s always why we do it.

                                                                                                      Mark Funk [00:15:54]:
                                                                                                      Right. No

                                                                                                      Trey Griggs [00:15:54]:
                                                                                                      one’s no one’s prepared.

                                                                                                      Mark Funk [00:15:55]:
                                                                                                      You know, most memorable moment of my career is is probably a time where I where I failed. Right. You know, we’re going way back to when I first started. And, you know, long story short, I I put all some information together With all the leadership team and and I was supposed to send over 1 document, I ended up sending over all of the notes to the meeting.

                                                                                                      Trey Griggs [00:16:17]:
                                                                                                      Oh, no. To,

                                                                                                      Mark Funk [00:16:18]:
                                                                                                      to an opposing party. Yeah. So, I was young, and, The I I thought for sure that I was gonna lose lose my career at that point, but, the individual that that I reported to Said, hey, listen. You learned a lesson. We move forward.

                                                                                                      Trey Griggs [00:16:34]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:16:35]:
                                                                                                      And and the thing I take away from that is is I go through my career And when I work with people, when I encounter people where they may encounter an opportunity, it’s that forgiveness.

                                                                                                      Trey Griggs [00:16:47]:
                                                                                                      Yeah. And that,

                                                                                                      Mark Funk [00:16:47]:
                                                                                                      you know what?

                                                                                                      Trey Griggs [00:16:48]:
                                                                                                      Right.

                                                                                                      Mark Funk [00:16:48]:
                                                                                                      We we we’re all human.

                                                                                                      Trey Griggs [00:16:49]:
                                                                                                      That’s a critical moment for you. That could have been a moment where, you know, you you became harsh because somebody was harsh with you. Or Or but in this case, you know, there’s somebody showed you mercy and now, you know, now you’re showing mercy as well. That’s a that’s a powerful moment. Clearly, you’ve never forgotten that. That’s Very memorable. And the mistakes are usually the ones we remember the most. That’s for sure.

                                                                                                      Trey Griggs [00:17:09]:
                                                                                                      That’s for sure. I’ll tell you for me Yeah. I think the most memorable that I had, and it’s not really a moment, but it was a season, was when I transitioned from education to door to door sales to learn sales. I had a friend who said, I think you could you could be good at sales, and the only job I could get was going door to door business to business to sell office supplies. And so I’m 32. I have a master’s degree. I’ve got a family. My wife isn’t working.

                                                                                                      Trey Griggs [00:17:33]:
                                                                                                      It’s a 100% commission. It was the hardest season of my life. It was like It was like boot camp, like Navy Seal training. I mean, I I don’t wanna compare to that because those are heroes. Those are true heroes. But it was really, really hard, and, and I hated it. It was so hard. It was just constantly getting beat down and constantly just just fighting for everything you could get and just figuring things out and learning.

                                                                                                      Trey Griggs [00:17:55]:
                                                                                                      But when I came out of that 15 months later, I was prepared to do sales. And the next sales job that I got, I did very, very well. And it wasn’t, I remember this will be this is like if there’s a moment, this is the moment. I’m sitting at lunch one day, Mark, and one of my one of my associates, on the sales team comes to me and he goes, hey. What are you doing? And I said, I’m having lunch. And he goes, no. What are you doing? How how are you selling so many people? And I started to to, like, just talk through it. Like, well, what are you doing? You know? Like, I mean, this isn’t that hard, and I started to describe what door to door sales was like.

                                                                                                      Trey Griggs [00:18:29]:
                                                                                                      I started to say, it’s not like we’re going into their business and meeting them for the 1st time, and we gotta sell them today because we’re not coming back tomorrow, and it’s a 100% Shannon. You only eat what you kill. And as I’m describing it, that’s when the light bulb clicked of how valuable that door to door experience was. Yep. Right? It’s the same prepared to. Yeah. It was the same thing. And I just remember that season and that moment in particular of the of how valuable door to door sales.

                                                                                                      Trey Griggs [00:19:01]:
                                                                                                      And now I’m a salesman at heart. When I meet other salespeople and they start talking, I can almost tell which ones went through door to door like I did, because it’s it’s almost like a rite of passage to to do that. Yeah. So, yeah, that was a memorable moment in my career as well. So that’s a good to go. Those are those are 2 good ones. So it’s a good question. Good question today.

                                                                                                      Trey Griggs [00:19:16]:
                                                                                                      That’s good.

                                                                                                      Mark Funk [00:19:17]:
                                                                                                      Awesome.

                                                                                                      Trey Griggs [00:19:17]:
                                                                                                      Alright. Also, it’s time for us to play this or that. This or that. Okay. This is a fun game that we play. I think we might even have graphic for this. Do we have a this or that graphic for this? We we do. Let’s play.

                                                                                                      Trey Griggs [00:19:28]:
                                                                                                      Uh-oh. Alright, Mark. So I’m gonna give you 2 option 2 options. You just have to tell us which one you prefer. That’s it. Alright. Okay. We’ll make them real simple.

                                                                                                      Trey Griggs [00:19:40]:
                                                                                                      Alright. We’ll start with 1 super simple. I think I even know the answer to this one, but I’ll just throw it out there. Okay. Beach or mountains? Beach or mountains? Beach. Beach. Clearly. Beach.

                                                                                                      Trey Griggs [00:19:50]:
                                                                                                      Yeah. You don’t have to get away to the mountains. You like the beach. You actually I

                                                                                                      Mark Funk [00:19:53]:
                                                                                                      can look at the mountains maybe beach.

                                                                                                      Trey Griggs [00:19:57]:
                                                                                                      You’re a beach guy. That’s for sure. Okay. Alright. Okay. Hot dog or Hamburger. You’re at a barbecue. Hamburger.

                                                                                                      Trey Griggs [00:20:04]:
                                                                                                      Hamburger. I was at With cheese? And if so, what kind of cheese?

                                                                                                      Mark Funk [00:20:07]:
                                                                                                      Oh, absolutely. What kind of cheese? Cheeseburger in paradise, man.

                                                                                                      Trey Griggs [00:20:09]:
                                                                                                      Oh, that’s true. I should. That’s right. Good call. What kind of cheese? Do you go regular, like American, pepper jack, do you do something different, Colby? What do you American? Just American? Just American cheese. Yeah.

                                                                                                      Mark Funk [00:20:18]:
                                                                                                      Just American cheese. Yeah.

                                                                                                      Trey Griggs [00:20:19]:
                                                                                                      That’s a good one. Okay.

                                                                                                      Mark Funk [00:20:20]:
                                                                                                      Now you’re making me hungry. I know what I’m gonna do after we’re done here.

                                                                                                      Trey Griggs [00:20:23]:
                                                                                                      The next one is also food, so I apologize. Okay. Apples or oranges, let’s go healthy. Would you prefer to eat an apple or peel an orange and then eat that?

                                                                                                      Mark Funk [00:20:30]:
                                                                                                      You know what? I’m gonna say orange, because it goes with a lot of drinks.

                                                                                                      Trey Griggs [00:20:34]:
                                                                                                      Oh, okay. Alright. Very good. Orange, that’s a good one. Orange is not bad. I like Apple because it’s just not as messy. That’s why I like Apple, but oranges are good. Oranges are good.

                                                                                                      Trey Griggs [00:20:43]:
                                                                                                      That’s a good point. Okay. Alright. Sports car or truck?

                                                                                                      Mark Funk [00:20:50]:
                                                                                                      So I own a truck, but eventually, I’m gonna get Sports car. So right now, I think that’s what everybody wants to do. Right now, it’s a truck.

                                                                                                      Trey Griggs [00:20:58]:
                                                                                                      Right now, it’s a truck. But, yeah. But but you like those do you have a sports car picked out? It sounds like you’ve been thinking about this. Do you have one that you

                                                                                                      Mark Funk [00:21:04]:
                                                                                                      I have, but, unfortunately, I just can’t bring myself to to to get to that level as far as what the commitment is. But I really love the new Corvettes.

                                                                                                      Trey Griggs [00:21:12]:
                                                                                                      I think those look

                                                                                                      Mark Funk [00:21:14]:
                                                                                                      really nice, but

                                                                                                      Trey Griggs [00:21:14]:
                                                                                                      Would you like a new Corvette or would you like a classic like 77 Corvette?

                                                                                                      Mark Funk [00:21:19]:
                                                                                                      You know what? I really like the new ones.

                                                                                                      Trey Griggs [00:21:21]:
                                                                                                      Yeah. They really do. They are they are nice. They they look like Lamborghinis kind of. They kind of got the feel. Right? Right.

                                                                                                      Mark Funk [00:21:27]:
                                                                                                      Yeah. I just can’t I can’t I can’t bring myself to pay that, so I just drive my truck.

                                                                                                      Trey Griggs [00:21:32]:
                                                                                                      That’s a that’s a good one. Alright. Well, you know, that’s that’s a good one. Okay. Last one, vacation. Are you staying in the states? Are you going over

                                                                                                      Mark Funk [00:21:40]:
                                                                                                      Going on vacation next week and are gonna go up to another part of Florida.

                                                                                                      Trey Griggs [00:21:43]:
                                                                                                      You’re going to Florida?

                                                                                                      Mark Funk [00:21:44]:
                                                                                                      Panama City Beach.

                                                                                                      Trey Griggs [00:21:45]:
                                                                                                      Let’s let’s do this. A dream vacation. Let me make it dream vacation. Somewhere in the states or somewhere overseas?

                                                                                                      Mark Funk [00:21:51]:
                                                                                                      States, actually.

                                                                                                      Trey Griggs [00:21:52]:
                                                                                                      Stateside. Alright. Cool. You like to do national parks? You like to just like, what do you like to

                                                                                                      Mark Funk [00:21:56]:
                                                                                                      I’d go to Iowa or I’m sorry. I yeah. I’d I’d go to Hawaii.

                                                                                                      Trey Griggs [00:22:02]:
                                                                                                      Hawaii. Yeah. Have you ever been there before?

                                                                                                      Mark Funk [00:22:05]:
                                                                                                      No. I have not. It’s on my bucket list.

                                                                                                      Trey Griggs [00:22:06]:
                                                                                                      Bucket list.

                                                                                                      Mark Funk [00:22:07]:
                                                                                                      Yes, Brent?

                                                                                                      Trey Griggs [00:22:08]:
                                                                                                      I have been once. I’ve been once, and that was, that was last, last year, last May. And, I’ve never been there before. It was pretty cool. I got to take the kids too, so they’ve been there as well, which is nice. Kinda get that out of the way for them. Nice. That’s pretty cool.

                                                                                                      Trey Griggs [00:22:20]:
                                                                                                      Alright. Well, everybody, that was this version of this or that. So hope you enjoyed that. Alright. Let’s get back to this. We got just a few more minutes here before we wrap up, Mark. Just a couple of other things. So, know, we talked about your work at SPI.

                                                                                                      Trey Griggs [00:22:33]:
                                                                                                      What is your favorite thing about working with agents? What do you just enjoy? What gets you up and and just, you know, gets you excited? And are you working hand in hand with the agents? Are you really behind the scenes? About that interaction.

                                                                                                      Mark Funk [00:22:43]:
                                                                                                      Yeah. No. So I’ll start with the latter first. I’m a I actually go out in our in our business or visit our agents. I was visiting an agent, last week over here in Miami. I’m visiting agents a couple weeks from now. So, you know, part of my role, my job, It it is behind the scenes where I’m talking to carriers, I’m getting their equipment, I’m getting their requirements, I’m talking to our talking and working with our IT group

                                                                                                      Trey Griggs [00:23:06]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:23:07]:
                                                                                                      Making sure that any solution We bring we bring on matches and but, you know, what I really like and something I found about my career a long time ago, and Trey, I like to help people. I don’t know what it is. I’m sure somebody can analyze that, but you know what? I really like to help people. So when I can walk into an agent’s office And I can sit down and I can see that they’re spending a lot of time doing something that could maybe be automated and or that we already have a solution for, Then you know what? I’ll jump right in there. Hey. Let me show you this. Check this out. Right? And and we go through all that type of stuff.

                                                                                                      Mark Funk [00:23:46]:
                                                                                                      I absolutely love Helping people. And it isn’t necessarily agent agents, but it it does transcend nicely into that. Right?

                                                                                                      Trey Griggs [00:23:53]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:23:54]:
                                                                                                      So yeah. No. I’m I’m out probably 30% of the time with the agents. You know, another 70% of the time, I’m I’m working behind the scenes to to support the agents.

                                                                                                      Trey Griggs [00:24:05]:
                                                                                                      It seems like that’s the culture of the company because I know that Mike travels a lot to spend time with agents. He’s told me stories of, you know, going to a Kansas City Chiefs game with an agent in town and They’re doing these other activities. So it seems like that’s really a part of the culture is not just to support the agents from afar, but to really go and spend time with the agents in their neck of the woods.

                                                                                                      Mark Funk [00:24:23]:
                                                                                                      You know, Trey, it that is exactly our culture. And here’s the thing too. It it transcends just business. I mean, there’s agents that that I talk to on the phone all day. Hey. How’s it going? You know, and I know their family. I know their They’re they’re they’re kids. I know what’s going on in their personal life.

                                                                                                      Mark Funk [00:24:41]:
                                                                                                      And and, you know, it you build relationships. I mean, it the key and you get this because you’re a sales guy. The key To everything is relationship.

                                                                                                      Trey Griggs [00:24:49]:
                                                                                                      And if

                                                                                                      Mark Funk [00:24:49]:
                                                                                                      you can find people where you have that commonality and that you actually care about, it makes it so much easier to help them because It’s like an extended family, and I know that’s gonna sound corny if nobody’s ever experienced that. And and I get it, but It it is. It’s an extended family.

                                                                                                      Trey Griggs [00:25:06]:
                                                                                                      Yeah.

                                                                                                      Mark Funk [00:25:06]:
                                                                                                      It really is.

                                                                                                      Trey Griggs [00:25:07]:
                                                                                                      No. It it seems like that’s the culture. And, again, talking to Mike, and, you know, he’s on the road a lot traveling, which is hard being away from home and and doing that, but it’s a commitment that the company has to its agents which, which is really great. So I love hearing that. I love hearing your heart for helping people And just wanting to really be a support for the agents, which I think is more differentiated for it. Yeah. How you guys great. Mark, thank you for being on the show today.

                                                                                                      Trey Griggs [00:25:30]:
                                                                                                      Appreciate that, and, much, much success to you as well. Looking forward to seeing you in Nashville, you know, maybe sooner. I don’t know.

                                                                                                      Mark Funk [00:25:37]:
                                                                                                      Yeah. I I think I’m gonna see you up in Tampa here shortly.

                                                                                                      Trey Griggs [00:25:40]:
                                                                                                      Oh, nice. Are you going to the broker carrier summit? I am. Yeah. Excellent. That’s awesome. Looking forward to seeing you out there. That’s gonna be a great event. Yeah.

                                                                                                      Trey Griggs [00:25:47]:
                                                                                                      We’ll be right Yeah. Good here, looking forward. I know. That’ll be great. Mark, again, thanks for joining us, and we’ll see you again real soon on another episode.

                                                                                                      Mark Funk [00:25:54]:
                                                                                                      Thanks for having me.

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