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Survey: Carriers Using Less Broker Services

Posted by Genie Wood on Fri, Apr 22, 2011 @ 05:13 AM

 



A recent survey finds that carriers have used less broker services during the past three months.



According to Transport Capital Partners LLC’s first quarter Business Expectations Survey, 87 percent of responding carriers have used less broker services since the year began. Transport Capital partner Richard Mikes said the survey shows a “dramatic turn around” since May of 2009, when two-thirds of carriers reported an increase in broker usage.



“Obviously the freight supply demand balance has shifted dramatically to the carriers, and they are using their capacity to serve the needs of their long term customers,” Mikes said. He added that publicly traded brokers achieve gross margins of 15 to 20 percent, which typically reduces what the carriers get for loads hauled for brokers.



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