New Armstrong report addresses carrier/freight broker mix
While very fragmented, the market has fostered the rapid growth of many new entrepreneurial entrants such as Coyote Logistics, Echo Global, and TQL.
Transportation in the NewsShippers encourage East Coast dockside labor to work with management…before it’s too late FTR Shippers Conditions Index notes rate and supply trouble may be coming in 2017 Cranes going higher at Port of Oakland’s largest marine terminal FedEx, USPS extend air transport contract to 2024 U.S.-NAFTA freight rises for third time in five months in December, reports BTS More Transportation News
Transportation ResourceMaking TMS an Enterprise Priority To get the most out of a TMS investment, numerous parties across the organization should lend their expertise.
Ever-evolving logistics management business models have driven significant change in the Domestic Transportation Management (DTM)/Freight Brokerage landscape, says Evan Armstrong, president of Armstrong & Associates, Inc. (A&A). In a new report he notes that affordable IT, economic forces, and governmental regulation has transformed the industry.
“The marketplace looks a lot different today than the ‘one person, one phone’ days of the past,” he adds.
While very fragmented, the market has fostered the rapid growth of many new entrepreneurial entrants such as Coyote Logistics, Echo Global, and TQL. This report details the growth of specific DTM/Freight Brokerage operating models and winning business practices, discusses broker roles and compensation, explores customer and carrier relationships, typical gross margins, and highlights recent DTM mergers and acquisitions activity.
Perhaps the most important aspect of the report is that quantifies what is winning in an increasingly competitive market and what forces have driven change.
Included in the report is detail and commentary on recent M&A activity and A&A’s exclusive Top 100 DTM/Freight Broker list.
Logistics Management will be examining these trends in a feature for our November print edition: Managing the right carrier/freight broker mix
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Carrier Consolidation Keeps Shippers Guessing Getting Value from the Cloud View More From this Issue