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An investigative piece [18] found that many of the companies bidding on loads do not have active DOT numbers required by the FMCSA to haul freight. Shiply does not disclose the DOT info or FMCSA info of motor carrier providers during the bidding process, it only shows a provider's username, jobs completed, and their overall Shiply Rating.
A freight exchange or load board [1] is an online service for haulage companies, logistics providers, freight forwarders, transport companies and (in some cases) private customers. It allows haulage companies to search a database of available freight that needs to be delivered and advertise their available vehicle capacity.
DAT Freight & Analytics, formerly known as Dial-a-Truck, is a US-based freight exchange service ("load board") and provider of transportation information serving North America. Freight exchange services are used to match material ("loads") that needs to be shipped with over-the-road carriers, which can be hired to move those loads.
Co-brokering is a legal practice used to ensure there is an available truck to transport freight. A 4PL may use a 3PL broker to match loads with trucks, with a shippers knowledge. The primary broker will take a lesser amount of the fee and the secondary broker will book the load for transport receiving a larger share of the same fee. [7]
Truckload shipping is freight transport in which a semi-trailer or intermodal container is filled entirely with one type of cargo. It differs from less-than-truckload shipping (LTL) in which freight from multiple customers is combined in one trailer. A truckload carrier is a trucking company that contracts entire trailer-load to a single customer.
The National Motor Freight Traffic Association, Inc. (NMFTA)™ is a nonprofit membership organization headquartered in Alexandria, Virginia.Since 1956, NMFTA has represented the interests of the less-than-truckload (LTL) motor carrier industry, and for-hire interstate and intrastate carriers.