The mobile freight marketplace has now a mainstay in the transportation industry for more than a decade now. It has become a big help amongst all the companies that have participated in open freight market to make instant connection to each other through the web. Open freight market is mostly about freight loads covered by freight carriers but it is not under a long term contract. Basically, it’s the largest segment in the truck load freight industry and having 80 percent of trucking companies that have 20 trucks or less, open freight market is here to stay for sure.
Just before the freight load boards came to existence, the shippers or the freight brokers who work for the shippers go straight to the freight carriers and contacting them in person in sourcing the available truck’s capacity to haul the freight loads. The value of freight broker to shipper was the relationship with the certified quality carriers and on how fast they can source the carriers available in hauling the loads.
The proliferation of the freight load boards was all because to the constant improvement of fast internet connection. Freight load boards are the websites that are primarily designed in publishing information regarding open market freight loads. This made it feasible for all the participating freight brokers to show pertinent details to the open market freight loads. Simply by publishing info regarding the loads they can carry, freight brokers were able to reach wider audience.
A big number of loads that are being posted on these freight load boards go a minimum distance of 500 miles or even more. As for the load sizes, it can be an FTL or Full Truck Load or LTL meaning Less Than Truckload. They might be standard freight which may be hauled in a 53 feet van trailer or freight which is standard and can require specialized equipment like flatbed, drop deck, curtain side, refrigerated, bulk hopper or other trailers specifically designed to the cargo that has to be hauled. The freight load board is intentionally made in a manner that it allows carriers to filter their search based on distance, freight type and location.
Mobile freight marketplace was a big step in the freight industry from the time it has become available. They made it possible to have faster communication regarding the spot market. With continuous advancements and developments in technology today, freight load boards were not fast enough in adapting to these changes and these, the improvements on its platforms or services are just a tad bit. Most of these sites haven’t changed in user screens and even most of the premium sites look the same. But this shouldn’t be a problem so long as it meets its purpose.