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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.
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.
Contract Freighters, Inc. (CFI), a subsidiary of Heartland Express, is an American truckload freight carrier headquartered in Joplin, Missouri with operations in the continental US, Canada, and Mexico. Easily recognizable on the highway by their iconic bright red Kenworth trucks.
Known as a Freight Broker Bond, it exists to primarily serve as an insurance policy for motor carriers , in the event that a freight broker fails to remit payment to a carrier when required to do so by a load contract. A motor carrier can "file" against a broker's surety bond if a broker fails to honor the payment terms of a contract.
Uber driver Derek Gooderham was zipping along on Interstate 83 when a wave of wood planks tumbled from the lumber truck, sliding down a hill and sweeping his car off the road.
For example, an $1,150 load going 400 miles would net a carrier $977.50, but the same load double-brokered might result in $875.00 to the carrier. This margin on the second booking would net the broker an additional 14.3%. The shipper may not be aware of this and the contracted truck [clarify] will likely not be dispatched to pick up the load ...
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