Double brokering has emerged as one of freight transportation’s most pervasive problems in this freight cycle, affecting as much as $500 million to $700 million in freight annually. The practice, which involves a carrier re-brokering a load to another carrier without the knowledge or consent of the other parties, not only creates operational chaos, but also exposes the industry to significant financial and liability risks.
This white paper, based on a survey conducted by FreightWaves and TriumphPay, delves into the practice, exploring its impacts and potential solutions. While it presents a significant challenge to the freight transportation industry, there are ways to mitigate its impact, and the insights and recommendations provided in this white paper aim to contribute to the endeavor.