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Oct 31, 2023

The Power of TMS and Load Board Integration in Maximizing Freight Brokerage Efficiency

The Power of TMS and Load Board Integration in Maximizing Freight Brokerage Efficiency

Freight brokers play a crucial role in connecting shippers with carriers, ensuring goods move swiftly and smoothly from one point to another. With the boom in online shopping, especially during the global pandemic, there has been an increasing demand for efficient freight transportation.

To streamline their operations and improve their capacity to move freight quickly, many freight brokers employ Transportation Management Systems (TMSs) to source and manage their carriers. However, the importance of integrating these TMSs with load boards cannot be overstated.

Let’s look into the significance of TMS and load board integrations in the freight industry, emphasizing their potential to provide value-added benefits to brokers.

The Role of TMS in Freight Brokerage

TMSs have revolutionized the freight brokerage industry. As the center of operations for freight brokers, TMSs enable brokers to efficiently manage and monitor shipments, carriers, and customers. TMSs offer features like order management, cargo tracking, and delivery planning, making them indispensable tools for brokers seeking to increase efficiency and customer satisfaction.

Some popular TMSs include McLeod, Samsara, MercuryGate, Aljex, 3PL Systems, Oracle, PCS, and Transport Pro, all of which are widely used and offer some kind of load-sourcing option for their users. However, what many brokers may not realize is that these TMSs can be further empowered by integrating them with multiple load boards.

Unlocking Greater Capacity through Load Board Integrations

Load boards are web-based platforms where shippers or brokers can post available loads, and carriers search for and book loads that match their availability. By integrating their TMS with load boards, brokers can significantly expand their reach and gain access to an expanded network of carriers. This integration allows brokers to source carriers quickly and efficiently, resulting in faster freight movement, happy customers and increased profitability.

The Benefits of TMS and Load Board Integrations

Expanded Capacity: Perhaps the most evident advantage of TMS and load board integrations is the expanded capacity. Through the load boards, brokers can tap into a vast pool of carriers, ensuring they never face a shortage of options to move freight. This capacity expansion is vital during times of high demand when securing reliable carriers can be very challenging.

Streamlined Operations: The integration between platforms can lead to streamlined and simplified operations, as brokers no longer need to switch between multiple platforms to source carriers. Instead, they can access load board information directly from their TMS, saving time and effort.

Real-Time Updates: Integrations also mean that real-time updates on load availability and carrier status can be viewed directly via the TMS. Brokers can make informed decisions quickly, resulting in faster response times and better customer service.

Enhanced Visibility: TMS and load board integration also results in improved visibility into the entire freight movement process. Brokers can track shipments, monitor carrier performance, and analyze data effortlessly directly from their TMS, leading to better decision-making.

Cost Efficiency: In many cases, load board integrations do not incur additional costs for TMS providers or users. The integration costs are often shouldered by the load board, making it a cost-effective solution for brokers.

Trucker Path’s Integration with Leading TMSs

Most leading TMS providers offer seamless integration options with popular load boards, making it easy for brokers to connect and expand their capabilities. Trucker Path integrates with many popular TMSs, such as McLeod, Transport Pro, 3PL Systems, Aljex, MercuryGate, and many others. These integrations give brokers direct access to the nearly one million carriers who rely on the Trucker Path app.

Final Thoughts

The importance of TMS and load board integrations in the freight industry cannot be emphasized enough. It is a win-win situation for both brokers and TMS providers. Brokers gain access to a wider pool of carriers, enabling them to move freight more efficiently and profitably. TMS providers are able to offer a value-added service to their broker customers without incurring significant integration costs.

All in all, TMSs should, and often do, wholeheartedly embrace load board integrations as an essential component of their offerings. It is a strategic move that not only enhances the competitiveness of their broker customers but also solidifies the position of TMS providers as a true partner in the fast-paced and ever-evolving freight industry.

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