9. Brokers Will Buy Carriers
The trend of brokers to buy carriers has taken its place. In the past 6 to 12 months brokers have advanced from being only brokers to buying carriers, and having the whole process of transportation in their hands. We might be wondering if that is because trucking companies are trying to exclude them from the business, but however the reason they are playing smart.
Source:www.dat.com
All of us have witnessed some amazing acquisitions in the field of brokers. Brokers became aware that their role as a middle man is becoming jeopardized. Therefore by adding large fleets to their business they aim to become not only company that can find load but also the company that can carry them.
At the same time being a company that can find loads and a company that can carry loads attracts a lot of customers. The full range of transportation services found in one company can only lead to increased profit. Again on this way if brokers will continue buying carriers they might start making more money than trucking companies.
By becoming a company that can carry loads they will be in even better situation than trucking companies are. You must be asking yourself how can they become better than trucking companies, and what makes them to be in a better situation? Well there are few reasons and facts that make them to be in a better situation:
