It may not sound like a lot, but $61.65 is a new record for average net profit per load for freight brokers. That bottom line number was the outcome of $1,578 in gross revenue per load and a 14.5% gross profit margin. Costs were up in October, too, but the boost to load volume more than made up for the extra expenses.
Now you know why an extra $25 either way could make a big difference to the broker
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Managing finances and cash flow is one of the biggest hurdles for carriers and fleet owners, especially in an industry