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Friday, June 1, 2012

Load Board - A new system for successful logistic business

The trucking industry is based on true relationships. In a logistic business success depends on the well-organized and successful management of these relationships. Idle trucks or waiting loads lead to huge revenue loss.
Load Boards consist of loads which are posted by brokers and shipping professionals in a solitary location on the internet. The users upload and placed their loads or truck loads onto the Public Load Board.
On the internet there exists a host of websites in which shippers, brokers, logistics companies, 3PLs, and others post their existing freight loads online. Other users utilizing the Transportation Management System application from other companies can ask for the load and download the load information onto their system.


Load board is nothing but an online tools where supply chain, shipping professionals and third party logistic companies will be in a position to provide details on what loads they have put forwarded to ship for vehicle carriers to observe and meet.  Load board provides the most modernized system to locate shipments for both freight and trucking companies.  Shippers on a daily basis go through the internet to get access of Load Boards and upload their obtainable loads.
The load board offers a flawless incorporation by transferring data from one company to another whereas updating the shipping status to the owner of the load.
Load Boards are large online bulletin boards. Here, transporter like truckers and carriers look for the load boards to have the details of loads, both full and LTL, to schedule backhauls or to pack empty trucks.  On the contrary brokers, shippers and intermediaries visit the load boards and put in information concerning their loads, and some general contact information. Subsequently, the carriers will evaluate the load board to get a request and make contact with the provided phone number.  From there the carrier or trucker and shipper or freight load broker carries out business normally.
With the internet based load board, the companies get the ability to get access several carriers for managing more loads quickly and most of them offer free load posting.   
The users who are interested to seek out loads/trucks or post loads/trucks through internet based load board, have to open an account with that particular Load Board. A customer normally has to give general information regarding themself and offer a form of payment to the Load Board for carriers. In case of shippers, there is usually no cost to sign up as a member for a load board. Once an account is  set up for a shipper or carrier, one can then start to utilize the load board.
Generally, memberships arise on a month to month basis and shippers and carriers will be able to cancel their membership with the load board at any time. The load board owners, post sign up, will just charge the account on a monthly basis until get proper consent for cancellation by the customer. Following the cancellation, the customer is free to sign up for a membership with the load board at any time.
In order to verify the authenticity and quality of load board , a customer can assess how long the load board keeps loads in its system. Normally, a good load board will rotates its stock of loads on a daily basis ensuring no load keep on the board for more than 24 hours.
Load Board Feature List :-
·         Upload Load Requests
·         Acknowledge Load Requests from other Load Participants
·         View all your internal Loads
·         View Public Load Board
·         Update Load Status
·         Download Load information to Dispatch Software Board
·         Seamless Shipping Status Updates to all parties


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Posted by
Rajib Dey
Business Executive
email : rajib.dey@suainlogistics.com
website : www.suainlogistics.com
Want to know more about load boards, then go through the following to join our group "LOAD BOARD IN INDIA" in linkedin.http://www.linkedin.com/groups/Load-Board-in-India-4475000?trk=myg_ugrp_ovr

1 comment:

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