Benefits of Freight Exchange
With the advent of technology, freight exchange has become the new norm for logistics providers, haulage companies, transport companies and freight forwarders. The service has been helpful in enabling haulage companies search and find available freight for transport and also advertise their services through the platform. The system essentially offers a platform for various carriers to communicate to transporters, logistics companies and forwarders about the available freight. Using the freight exchange services has many benefits as seen below.
Finding Delivery Freight
This is ideally the most important benefit of freight exchange. The platform provides transporters and other operators in freight handling access to numerous jobs every day. This can help such operators get lots of work and hence increase their revenues. With freight exchange services, companies have access to many different types of loads to choose from based on their specialty, suitability, rates and routes. The loads vary from part loads, full loads, truck loads, and courier.
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Most haulage firms get orders for transport from one location to another but only on one way basis. Once they have delivered the freight to its destination they will have to return empty. However, with freight exchange solutions, an individual can get some load to return with and thus the trucks won’t return empty. This raises the efficiency of the company in addition as well as brings more revenues.
Before technology made freight exchange a reality, most transport companies had to take up work without knowledge of whether they will find any return loads for their trucks. Those who were luck would miraculously find some return loads but the majority of them after delivery had to burn fuel back to their depots with empty trucks. Thanks to freight exchange, nowadays you can take up work knowing that it is easier to find back loads.
Ability to Serve Many Clients
Initially, most transport companies had to turn down some business when all their fleet was busy. But with freight exchange, the business can take up such offers and sub-contract such business to another company with available fleet.
Freight management enables transporters and freight owners make real-time connections concerning available freight and transport vehicles. Gone are the times when people had to make frequent phone calls to ask about any available loads or empty trucks which was very time consuming.
Decreases on the Emission of CO2
Before freight exchange made it easier to find return loads, initially trucks would go one way and return empty. While at the exact time another truck shall be carrying some loads from that route headed to the same direction as the empty truck hence there are two trucks emitting CO2 only that one truck is empty and the other truck also likely to return empty. However, with freight exchange, it would be possible that all the two deliveries would be made by one truck hence reducing the emission of CO2 gas.