Asset Based Freight Brokers v/s Non-Asset Based Freight Brokers
Asset Based Freight Brokers
Asset based freight brokers are organizations that have their own gear that is expected to move or store the cargo. The advantages that they possess could be warehouse, hubs, distribution network and trucks. To be an asset based freight broker the organization has to have a major chunk of the assets.
An asset based freight broker deals with client to facilitate the transportation of the goods to the specified destination
Non-Asset Based Freight Brokers
Non-asset based freight brokers do not own any assets or equipment for transportation. Their primary function is to act as an intermediary between the shipper and the customer. They work with their systems and the shipper to coordinate the shipment of the cargo to the designated location.
The Non-asset based carriers collaborate with various logistics solution provider for transportation. Also as they are not depended on their assets for operation they can have multiple sources for arranging the logistics which is helps in efficiency.