Do Freight Brokers Own Their Own Trucks?
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a red truck and trailer parked outside of a white warehouse
In logistics, brokers play a crucial part in the transportation network, connecting shippers and carriers. They help ensure a smooth transition across the supply chain.
However, because there are so many players in the transportation industry, it can be tough to keep track of which players perform certain jobs. That's why a lot of people wonder if freight brokers provide their own trucks.
The short answer is no. In the transportation world, brokers find loads for carriers. It's the trucking company that owns the trucks, while the shipper owns the freight that must be moved from point A to point B.
Still, there's a lot more to explore when it comes to these transportation roles. Knowing the difference can help you find the right partner and best solution for your needs.
Let's take a closer look at some of the key elements.
What Is a Freight Broker? What Do Freight Brokers Do?
a globe in the foreground with a blurred background
A freight broker, also known as a truck broker or freight brokerage, performs as a matchmaker between a trucking company and shipper.
We covered the topic of what freight brokers do in a previous post, but here's a quick overview:
Connecting shippers and carriers - A freight broker's job is to connect shippers with carriers who who have available capacity. This benefits the shipper, who can deploy their freight in a timely manner, and the freight carrier, who can avoid deadhead miles.
Managing logistics - Freight brokers handle the logistical side of the shipping process. This includes tracking, coordination, and ensuring a smooth delivery. They also act as a point of contact between shippers and carriers.
Building relationships - Successful freight brokers maintain a solid carrier network and strong connections with shipping companies. This way, they can get to know their clients' needs and match them with the best shipping solutions.
Freight Brokers and Truck Ownership
Because freight brokers act as an intermediary, they don't generally ship cargo on their own, nor do they usually own their own trucks. Their role in the supply chain doesn't require shipping freight.
Still, you may find some exceptions. For example, before Warren Pearce founded the freight brokerage that would become Pearce Worldwide, he founded a trucking company that still exists today.
As a matter of fact, Warren also began his career as a truck driver himself, which is why the Pearce Worldwide team understands all aspects of freight shipping operations.
The "do freight brokers own their own trucks" question is a common one, but freight brokers and freight forwarders usually don't. Instead, they provide a valuable service for both shippers and carriers in the industry.
If you have any questions about how the Pearce Worldwide team can help you move your freight, feel free to get in touch!
