Increase Your Profits By Joining a Freight Exchange

Aug 24
15:43

2015

Lisa Jeeves

Lisa Jeeves

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A driver in the transport industry? Joining a freight exchange platform can increase your business profitability. Here’s how.

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If you're in the transport industry as a driver or freight forwarder,Increase Your Profits By Joining a Freight Exchange Articles and you haven't yet joined an online freight exchange, you might be missing out on an excellent way to improve profitability. Joining an exchange will not only give you unprecedented access to a huge market of jobs, but can also afford you a chance to streamline your processes and find the right partners to help your business grow.

Turn Dead Mileage into Profitable Mileage

Dead mileage is a common problem in the haulage industry; a returning truck without a load can significantly eat into your profits and waste both fuel and manpower. Joining a freight exchange can minimise the possibility of a truck returning with nothing in it by allowing you to work with customers (or even other hauliers) who may be able to use the cargo space of your returning truck - which easily translates to profit.

Much Improved Time Management

Another factor that can be vastly improved by joining a freight exchange is time management - how an organisation or an individual spends their valuable working time. Before online exchanges came to exist, hauliers and businesses looking to move cargo traditionally used the phone book or local networking to find possible partners, suppliers and customers. Now there's no need to make endless (and often fruitless) phone calls -all you need to do is log on to the exchange and start doing business! An exchange with a well-designed interface allows you to interact with a huge range of members at the click of a mouse – what could be easier?

You Meet and Serve More Customers

The ethos of any good freight exchange is to gather and connect like-minded businesses. When you join an exchange community, you are, in effect, diving into a huge pool of potential clients actively looking for opportunities to do business. In other words, this is a place where you’ll meet more customers than you could ever hope to encounter in the 'real world'. And, even if you over-stretch yourself and end up taking on more work than your capacity can handle, you can network with other members and pass the work on to them. In this way, you create trusted bonds not only with clients, but also with other drivers – which can prove invaluable when times may become lean for you.

An online business community like this provides a win-win situation all round – so if you haven't yet signed up, its time!