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Merits of Using 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 available fleet for transportation and promote their services throughout the platform. The system basically offers a platform for a variety of carriers to communicate to transporters, logistics firms and forwarders about the available cargo. There are many benefits of using freight exchange as discussed below. Locating Delivery Freight This is the most important benefit of cargo exchange. The platform provides transporters and other operators in freight handling access to thousands of delivery works each day. This could help such operators get a lot of work and hence increase their revenues and profits. With freight exchange services, companies have access to many distinct types of loads to choose from based on their specialty, rates, routes and suitability. The loads range from part loads, full loads, truck loads, and courier.
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Most haulage businesses get orders for transport from one location to another but only 1 way. Once they have delivered the freight to its destination they will need to return empty. However, with freight exchange services, one can get some load to return with and hence the trucks will not return empty. This raises the efficiency of the company in addition as well as brings more revenues. 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. Thanks to freight exchange, nowadays you can take up work knowing that it is easier to find back loads. Ability to Serve Many Clients Initially, most transport companies had to turn some business away when all their fleet was occupied. But with freight exchange, the business can take up such offers and sub-contract such business to another 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 times when people had to make frequent phone calls to ask about any available loads or empty trucks 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 time another truck shall be carrying some loads from that route headed to the same direction as the empty truck hence there are two trucks emitting CO2 only that one truck is empty and the other truck also likely to return empty. 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.