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Carrier Connection: Over the Road Drivers are the Backbone of America

There are times throughout the year when it seems that the economy has dried up and there are no companies shipping outbound. According to the Transportation Statistics Annual Report, there are 48.3 million tons of goods worth $46 billion that are moved on a daily basis.  According to the American Transportation Research Institute, there were approximately three million truck drivers employed in 2010 and 1.2 million trucking companies scattered across the United States. In 2014, there were approximately 2.4 million drivers.  It is the basic supply vs. demand principle. Fewer trucks with an abundance of available freight equals higher rates charged by the carrier. Many available trucks with few available loads equal lower compensation negotiation leverage had by the carrier. When relationships are established between the two parties, the risk of loss for both is greatly reduced. This is the middle ground where both the carrier and broker can turn a profit and grow as a whole. To continue reading click here.