Check Call: The broker dry spell


Source: finance.yahoo.com finance.yahoo.com

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Check Call the Show. News and Analysis for 3PLs and Freight Brokers. (GIF: GIPHY) In 2021 it seemed like there was a new freight brokerage opening daily. When you can get away with insane margins and are making money hand over fist, it would be a mistake not to open a brokerage. Fast forward to late 2022 and 2023, and the freight recession hits. Those new brokers haven’t been through a downturn before, and there isn’t a strong sign of the freight market returning to its glory days anytime soon, leaving some newer players to weather the storm in uncertain...