Top 5 Freight Brokers in the USA For Retailers And Wholesalers
Top 5 Freight Brokers in the USA
Supply chain management has proven to be a challenging section for even the biggest of retailers and wholesalers, especially amidst the pandemic. If you want your business to flourish, you have to get a good shipment service. A freight broker acts as a liaison between transportation carriers and retailers and wholesalers. While they do arrange freight shipping, it’s so much more than that!
People may confuse freight brokers and freight forwarders. The primary difference between the two is that a broker doesn’t hold possession of the items that have to be shipped. In contrast, a freight forwarder will claim possession of the products, organize small shipments, and strike a deal with the transportation partners. Planning on hiring a freight broker? Well, you’ve arrived at the right place!
Now, before working with freight brokers, it’s important to keep a few things in mind:
Recognize your needs and transportation goals
Understand the market
Research the pricing parameters prior to negotiating terms
Have a clear understanding of the freight. This goes for weight, destinations, permits, and so on
-
Have a contingency plan set just in case things don’t go as scheduled
Best Freight Brokers in the U.S. in 2021
And now, let’s move into the best freight brokers in the U.S. in 2021 that you can trust. We’ve included as much info as we could to help you decide.
Rank |
Name of the Company |
Net Revenue (In Millions, 2016) |
Types of Freight |
1 |
C.H. Robinson Worldwide |
$1,530 |
Less than truckload, multi-mode, air/fast-track, flatcar/heavy trail, cold storage, bulk product, box trailer |
2 |
Total Quality Logistics |
$683 |
Less than truckload shipping, box trailer, multi-mode, flatcar/heavy trail, cold storage |
3 |
XPO Logistics |
$514 |
Less than truckload, box trailer, cold storage, flatcar/heavy trail, multi-mode, shipping, air/fast-track |
4 |
Echo Global Logistics |
$420.4 |
Less than truckload, box trailer, cold storage, air/fast-track, flatcar/heavy trail, shipping, multi-mode |
5 |
Coyote Logistics |
$515 |
Less than truckload, flatcar/heavy trail, multi-mode, cold storage, box trailer |
1. C.H. Robinson Worldwide
Founded in 1905 and headquartered in Eden Prairie, Minnesota, C.H. Robinson is a Fortune 500 third-party logistics and multimodal transportation services.
C.H. Robinson specializes in outsourcing solutions, logistic support, freight transportation, and so on. Currently, their customer base is more than 110,000 globally. They have branches in South America, North America, Asia, and Europe.
Since they are always in high demand, they also have many providers spread across the world like 68,000 transportation solutions. C.H. Robinson has consistently been recognized for providing a great workplace to its employees. They take great pride in themselves as the best in the game.
2. Total Quality Logistics
Total Quality Logistics, also known as TQL was established in 1997. Over the years, they have grown into North America’s second-largest brokerage company. Their goal is to connect the people whose products need to be shipped with the transportation service providers.
TQL coordinated with thousands of smaller trucking owner-operators and companies to provide stellar services. With almost 3,200 employees serving 24/7 all year round, they are undoubtedly one of the best to choose from.
Despite their huge operational scale, TQL is still able to offer competitive prices, dedicated services, and open communication to ensure the best experience for each customer.
3. XPO Logistics
Presently, XPO Logistics operates in 34 countries. It’s safe to say that they are amongst the top 10 global logistics companies. They have about 1,500 locations worldwide with more than 86,000 people working in them. Their operations are divided into two key segments: logistics and transportation.
Thanks to the segmentation, they can diversify their business based on the required services and location. Aside from the usual shipment handling, they also perform factory and aftermarket services, e-commerce fulfillment, reverse logistics, packaging, labeling as well as distribution in their logistics section.
The transportation segment works in global forwarding, intermodal, full truckload, freight brokerage, drayage, less-than-truckload, and so on.
4. Echo Global Logistics
With a view to simplifying the management of transportation services nationally, Echo Global Logistics was founded in 2005. Till now they have managed to establish a steady connection from one coast to another. In the process, they have worked with almost all major freight transportation modes.
Echo Global is now a market leader in providing technology-enabled transportation and supply chain management solutions. They have more than 30 offices spread throughout America with the headquarters located in Chicago. Through this, they are able to connect with over 30,000 transportation service solutions and offer unparalleled support for prospective customers and existing clients.
5. Coyote Logistics
As the name suggests, Coyote Logistics howls in harmony about how their small pack of 2,000 staff has grown into 17 working offices across the country. The company was founded in 2006. They offer services ranging from intermodal brokerage services to full and less than truckload solutions.
Coyote Logistics has worked with businesses of all sizes, from small companies to fortune 100 names. They have successfully delivered their services to more than 14,000 customers. By coordinating with almost 40,000 carriers, Coyote Logistics serves clients in the U.S., Mexico, and Canada.
Final Thoughts
When you need to optimize your shipping process, there is no alternative to a great freight broker. These are the hottest freight brokers in the country right now, and they’re waiting to provide their services to you.
Would You Like To Make Money As A Freight Broker? Take A Look At This Training!