Experience matters in the fast-paced freight industry. Consider the brokers' or shippers' track record:
How long have they been in business?
Do they understand market trends and adapt to changes?
2. Review Online Reputation and Reviews
Search for online reviews or ratings of brokers and shippers. Platforms like Google Reviews,Trustpilot, BulkLoads Company Reviews provide insights into their reputation and reliability.
Learn from others' experiences to make informed decisions.
Use the BulkLoads Forum search bar or create forum post asking BulkLoads community to get feedback
3. Ask for References
Request references from the broker or shipper.
Inquire about payment practices.
Assess communication and professionalism.
4. Assess Financial Stability
A financially stable partner is more likely to fulfill payment obligations promptly.
Look for signs of financial health, such as consistent operations and a positive credit history.
5. Communication and Transparency
Clear communication is vital. Ensure the broker or shipper:
Shares payment terms upfront.
Provides accurate and timely updates.
Is transparent about any changes or incidents.
6. Leverage Technology Solutions
Explore tools that streamline vetting processes:
Smart Freight Approved Shippers list: Shippers go through an onboarding process to ensure they are reputable and in good standing
FMCSAs SAFER Database: Verify insurance and bonding information.