Reported about 12 hours ago
Broker consolidation is significantly impacting small carriers by reducing their negotiating power as fewer brokers take control of freight options. As big brokerages merge, small carriers face standardized rates, stricter onboarding processes, and increased competition on load boards, making it essential for them to shift strategies. They should focus on building direct relationships with shippers, specializing in niche markets, and enhancing operational efficiency to thrive in the tightening freight economy.
Source: YAHOO