NextLOAD: A Free Load Board for Truckers, Brokers & Shippers NextLOAD.com, established in 2014, is a load board that's faster, easier, and 100% free. That's right, 100% free! Plus, NextLOAD, a product of Apex Capital, is a free load board for everyone carriers, trucking companies, brokers, and shippers.
Is there a load board for shippers?
Load boards are web-based programs that connect shippers and carriers. Shippers can post the loads they need delivered on digital bulletin boards, where they are visible to carriers and freight brokers.
Can freight brokers use load boards?
A load board is an online system where people can post or search for loads that need to be moved. While freight brokers can use these load boards to connect shippers and carriers, it's also used by truckers and shippers to network and match loads themselves.
What load boards do brokers use?
- DAT. DAT solutions are the largest and oldest truck load board provider as it has three DAT load boards, namely, DAT Express, DAT Power, and DAT TruckersEdge.
- TruckStop.
- 123Loadboard.
- Direct Freight.
What does it mean to broker a load?
A freight broker is someone who assists shippers with freight ready to haul by finding carriers who are qualified to haul the load. They are responsible for brokering deals with shippers and then facilitating the movement of a shipper's freight.
How do brokers get loads?
Brokers can find loads in the same way that many other industry giants drum up business: marketing campaigns. This may involve direct mailers to companies who have loads that fit into their niche, targeted online ads, or social media marketing campaigns.
How much do freight brokers make per load?
Freight brokers make their money in the margin between the amount they charge each shipper (their customer) and what they pay the carrier (the truck driver) for every shipment. Although it varies from one transaction to the next, healthy freight brokers typically claim a net margin of 3-8 percent on each load.
What do load brokers do?
A freight brokerage serves as the intermediary between the shipper, who needs to move their cargo, and the carrier (trucking company) that has the means to do so. Because of this, the shipper relies on the brokerage's network of carriers to move their shipment.
How do new freight brokers find shippers?
- Uncover all shipping locations for current clients.
- Make cold calls.
- Ask for referrals.
- Make a warm call.
- Prospect similar businesses.
- Get on the reserve list.
- Contact the customers of your customers.
- Create a loyalty program.
How much does a freight broker charge per load?
Individual brokers are paid on commission, and so their incentive is to maximize how much they charge shippers and minimize what they pass on to carriers. An average brokerage fee ranges from 15% to 20%, though the numbers can go much higher than that.
How do freight brokers get clients?
Ask for referrals. Referrals are great tools and often overlooked. Connect with the shippers you work with and ask if they know other shippers looking for freight brokers. As big as the industry is, it can also be a small circle of people that are making the decisions about which freight brokerage to use.
How much money does freight brokers make?
The national average salary for a freight broker in the United States is $62,105 per year, with an average additional compensation of $28,000 per year for commissions.