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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]
Another regulation that protects carriers and shippers is the freight broker bond - freight brokers must get bonded in order to operate legally. If a carrier files a claim, the bond would cover it. If a carrier files a claim, the bond would cover it.
Flexport's software integrates and connects ERP data from various companies involved in a supply chain, which allows them to manage information about cargo and streamline freight processing. [5] As of 2017, it had raised $304M, including $110M in a Series C round .
Companies listed own and/or operate bulk carriers, car carriers, container ships, Roll-on/roll-off (for freight), and tankers. For a list of companies that own and operate passenger ships (cruise ships, cargo-passenger ships, and ferries), see List of passenger ship companies.
The MACS3 Loading Computer System is a computer controlled loading system for commercial vessels, developed by Navis Carrier & Vessel Solutions. [1] Prior to October, 2017 it was offered by Interschalt maritime systems GmbH, and before 2007 - by Seacos Computersysteme & Software GmbH.
LBC Express, Inc. (previously known as Luzon Brokerage Corporation) (PSE: LBC) is a courier company based in the Philippines. It operates scheduled commercial vehicle cargo services in currently and planned cargo airline services begin on May 31, 2014.
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ArcBest Corporation is an American holding company for truckload and less-than-truckload (LTL) freight, freight brokerage, household good moving, and transportation management companies. Historically, the company also owned furniture, banking, and other diverse subsidiaries.