Name: Todd Hamilton
Contrary to what many shippers assume—depending on the freight being transported— most motor carriers are not required by law to have cargo insurance coverage. Even when a motor carrier is covered, shippers may be surprised to learn that there is a significant list of specific commodities excluded from a standard cargo insurance policy and equally surprised to learn that there are also situational circumstances in which these policy coverages may also be denied. Depending on the specific arrangement with each carrier and the nature of the services being offered, there may be release rates further limiting the carriers liability for damage or loss related to the movement of their freight.
Finding a carrier you can trust with your shipment can be a difficult, looming task. Whether you’re going through a broker or working directly with a carrier, it’s important that you take the time to verify their credentials and gain insight into their service history.
While price is often the make-or-break-it factor in a decision process, there are several other things to consider before going with the cheapest option. Below is a quick list to help make sure you connect with carriers that are not only legitimate, but are also a good fit for your business. If your new to freight we recommend starting with our Top Freight Questions Answered post.
- What’s the difference between LTL and FTL?
Typically LTL (Less Than Truckload) shipments range from 150-10,000 lbs. taking up no more than 10-12 linear feet of deck space, while FTL (Full Truckload) shipments can scale significantly more weight and will usually take up most, if not all, of the deck space of a standard trailer
.(53 feet, 45,000 lbs).
We are very pleased to announce that Grant Crawford, former Vice President of International Operations for FedEx Freight and former President of Roadrunner Freight, will now be leading our team of logistic experts as our newly appointed President.
Change is inevitable in nearly every industry. We’ve seen it with phones, films, rideshare and most recently freight. As technologies surface to solve new problems, every business has a choice – adapt or die out. A new technology that you’ll certainly be hearing more about in the year to come is freight marketplaces. The following are 10 reasons on why you need to consider utilizing one for 2019.
What Is a Private Freight Marketplace?
A private freight marketplace differs from a traditional freight marketplace in that it is specifically designed for managing and delegating shipments within a shipper’s exclusive carrier network. Shipping managers and logistics professional can also utilize a private freight marketplace to manage their overflow. In this case, when a carrier from the shipper’s route guide or controlled sequential tendering (CST) isn’t available to cover the load, the shipper would then have the option to post the load to a network of new verified carriers provided by the platform.
Define the marketplace and how it's different from other companies who say they have a "marketplace" (think what makes it great).
The Emerge Marketplace is a way for shippers to interact with carrier & broker vendors that they've never had access to before. Not only do we introduce the shipper to these new partners, but we streamline the onboarding, insurance, and communication that currently happens every day. We're excited to partner with other companies who have similar technology or marketplace visions, which really differentiates us from anyone in the industry. If you're new the world of freight marketplaces check out What Is a Freight Marketplace?
Why did we build it?/How is it impacting the way customers do business?
A freight marketplace is typically a cloud-based platform designed to allow shippers, freight managers and/or logistics professionals to access carrier direct rates. A freight marketplace may also aide in introducing shippers to new carriers outside of their current network, helping to make sure they always have numerous options to cover their loads.