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Merits of Using Freight Exchange

Freight exchange has become the new standard for logistics firms, haulage companies, transportation companies and freight forwarders. The service has been useful in allowing haulage companies search and find loads for transport and 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. There are many benefits of using freight exchange as discussed below.

Finding Loads for Delivery

This is ideally the most important advantage 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 distinct types of loads to choose from based on their specialty, rates, routes and suitability. The loads range from part loads, full loads, truck loads, and courier.
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Most haulage companies get orders for transport from one location to another but only one way. Once they have delivered the freight to its destination they will have to return empty. However, with freight exchange solutions, an individual can get return load to return with and hence 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 most 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.

Facilitates Serving of Many Customers

Initially, most transport companies had to turn some business away when all their fleet was occupied. But with freight exchange, the business can take up such offers and sub-contract such business to another company with available fleet.

Time Management

Freight management enables transporters and freight owners make real-time connections concerning available freight and transport vehicles. Gone are the days when people had to make frequent phone calls to inquire about any available empty trucks or loads 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.