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Freight brokers will add trailer assets and pools in the future

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Oct 25, 2017 at 04:15 PM CST
https://www.freightwaves.com/news/2017/10/25/freight-brokers-will-add-trailer-assets-and-pools-in-the-future Since deregulation, 3PLs have become increasingly significant players in the trucking industry. By some estimates, the industry is over $150B in annual revenues and generates around $50B in gross margins. As much as 20% of for-hire freight is tendered through brokerages and 3PLs. A study done earlier this year by LaneAxis Virtual Freight Management stated that, of the 13 largest publicly traded trucking companies, 42% of their capacity is outsourced to other carriers.

Oct 25, 2017 at 04:15 PM CST