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Benefits of Freight Exchange Freight exchange has become the new standard for logistics firms, haulage companies, transportation companies and freight forwarders. The service has been useful in allowing haulage companies search and find loads for transport and advertise their services through the platform. The system essentially offers a platform for various carriers to communicate to transporters, logistics companies and forwarders about the available freight. Using the freight exchange services has many benefits as seen below. Finding Loads for Delivery This is ideally the most important advantage of freight exchange. The platform provides transporters and other operators in freight handling access to thousands of delivery works each day. This can help such operators get lots of work and hence increase their revenues. With freight exchange services, companies have access to many different types of loads to choose from based on their specialty, suitability, rates and routes. The loads vary from part loads, full loads, truck loads, and courier.
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Most haulage firms get orders for transport from one location to another but only on one way basis. Once they have delivered the freight to its destination they will need to return empty. However, with freight exchange solutions, an individual can get some load to return with and thus the trucks won’t return empty. This increases the efficiency in addition to bringing in more profits for the haulage businesses. Before technology made freight exchange a reality, most transport companies had to take up work without knowledge of whether they will find any return loads for their trucks. Those who were luck would miraculously find some return loads but the majority of them after delivery had to burn fuel back to their depots with empty trucks. As a result of freight exchange, nowadays you’re able to take up work knowing that it is easier to find back loads. Ability to Serve Many Customers Initially, most transport companies had to turn down some business when all their fleet was busy. But with freight exchange, the company can take up such orders and sub-contract such business to another fellow transport company with available fleet. Time Management Freight management enables transporters and freight owners make real-time connections concerning available freight and transport vehicles. Gone are the days when people had to make frequent phone calls to inquire about any available empty trucks or loads which was very time consuming. Decreases on the Emission of CO2 Before freight exchange made it easier to find return loads, initially trucks would go one way and return empty. While at the exact Same time another truck shall be carrying some loads from that route headed to the same direction with the empty truck hence there are two trucks emitting CO2 and one truck is empty and the other truck also very likely to return empty once the delivery is made. However, with freight exchange, it would be possible that all the two deliveries would be made by one truck hence reducing the emission of CO2 gas.