What is a Trucking Load Board? Apr22

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What is a Trucking Load Board?

Load boards (also know as freight boards) are online matching systems that allow shippers and freight brokers to post loads. They also allow carriers to post their free equipment. These systems allow shippers and carriers to find each other and enter into agreements to move freight.

Most trucking load boards are sophisticated and allow you to post and search for loads using a number of criteria. Additionally, they provide various services for both freight brokers and carriers. Depending on the board, you can find services such as:

  1. Load matching
  2. Credit information/days to pay
  3. Message boards
  4. Ability to make notes on shippers/carriers
  5. FMCSA verification
  6. Finance of pre-approved loads using factoring
  7. Mobile access

Free or paid?

The freight board market is extremely competitive and there are a number of providers – both free and paid. If you choose a paid service, you will see that prices vary based on the plan you select. Prices can reach $100 per month for premium plans. Keep in mind that the old rule that you get what you pay for certainly applies here.

However, paid load boards are not always better. Your best bet is to shop around and select the board that best fits your needs and budget.

Are loadboards helpful?

Working with freight load boards has its benefits and disadvantages. On one hand, it can help new owner operators and freight brokers get started in the business. However, there is a lot of competition and profit margins are slim. You can get more information by reading, “Are Load Boards Worth It?”

How do you factor invoices through a load board?

Many load boards integrate work with companies that offer freight bill factoring. This integration allows you to finance slow-paying freight bills and can be useful if you are just starting up or are running low on funds. Some factors also offer fuel advances, which provide funding for fuel and other expenses as soon as you pick up the load. While fuel advances have benefits, they can also be expensive. Use them strategically and only with loads that have a good profit margin. Note that fuel advances are provided only to carriers and not to brokers. Source:https://www.comcapfactoring.com/

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Load Board

LOAD BOARD FEATURES

Post, Search & Bid on UNLIMITED truck loads
Over 30,000 new loads NO DUPLICATES. Sort by combination of weight, trailer, radius & multiple destinations. Easy to use!
g Owner Operator & Truck Driver Search
Great for Shippers & Brokers! Search Drivers by trailer type and any location. Get Freight Quotes directly from drivers by email.
No Contract Month-to-Month Billing
We have 100% no questions asked Money Back Guarantee policy. You can cancel and renew your membership at anytime.
Mileage & Routing Directions
Calculate dead head miles and total miles of trips. Intergrated Map with US Highways and dirving directions from pickup to deivery.
Credit Score Reports & Factoring
Freight Broker credit score search. Invoice matched with Freight Factoring companies.
Dead Head Mileage Calculator
Calculate dead head miles between trips. Radius search for loads within dead head mile limit.
Bookmark, Notes and Favorites
Easily manage your dispatching services with Bookmarking important shippers or drivers, with custom notes.
Load & Driver Email Notifications
Receive email or SMS alerts of loads or owner operations that match your posted loads or trailer types.
Auto Match Loads & Drivers
After you post your Open Truck or Open Load on the load board you will automatically be matached with drivers or shippers.
Send Load Details to Phone SMS Message
Great for dispatchers! allows for drivers to get info while driving and not stop on the raod. Easy to call back from phone.
Daily Fuel Prices & Locations
Daily current diesel fuel prices at all major truck stop locations.
Upload Forms: Cargo Insurance, W-9, & Permits
Great for dispatching! have all your driver's paperwork ready in one location. Documents can be faxed or uploaded as files.
How To Videos Guides
Step by step video tutorials on how to use all the features of the admin to find loads, find drivers and other resources.
Weather & Road Conditions
Live weather forcast from pickup location and destination. View Current and weekly forecast.