Why Top Brokers Validate Carriers Early (And How You Can Too)

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Jul 15, 2024

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In freight brokering, time is money. Balancing load coverage speed with high carrier qualification standards can be challenging. Leading brokerages have discovered that validating carriers at the top of the funnel helps save time and ensures focus on qualified carriers. Here’s why you should do the same.

Save Time and Boost Productivity with Early Carrier Validation

Top brokers validate carriers early to ensure only reliable ones reach the negotiation stage. This saves time by reducing back-and-forth communication with unqualified carriers and increases productivity. 

This proactive approach prevents delays and allows brokers to focus on more important tasks.  Early validation also improves reliability, minimizing last-minute issues like failing compliance checks. This helps maintain high service standards and keeps customers happy.

How Top Brokers Streamline Their Workflows

Use Reliable Tools to Check Carriers Early

Third-party tools provide detailed insights into carrier performance, compliance, and reliability. These tools offer real-time updates, reducing manual work and errors, and freeing up your team for more critical tasks. Integrating tools like Highway, My Carrier Packet (MCP), and RMIS can significantly enhance your carrier validation process. These platforms offer comprehensive data on carrier safety records, insurance status, and performance history, giving you a clear picture of each carrier’s reliability. By using these tools, you can ensure that you are working with the most up-to-date and accurate information, making the validation process faster and more efficient.

Speed Up Your Process with Automation

Automation can handle repetitive tasks like initial carrier checks and data entry, making processes faster and more consistent. Automated systems apply uniform validation criteria, ensuring consistent standards and reducing human error. Tighter automation helps balance the trade-off between load productivity and carrier validation standards, allowing you to narrow down the funnel to high-quality conversations faster. As your brokerage grows, automated processes can handle increased volumes, maintaining efficiency and productivity. Automation increases load coverage efficiency without compromising standards, while driving more real-time market feedback for pricing via the volume of quotes in seconds.

Make Smarter Choices with AI Insights

AI can enhance your carrier validation by providing predictive insights and advanced analytics. AI analyzes data to identify patterns and predict carrier performance, helping you make better decisions. Predictive analytics forecast carrier reliability, reducing the risk of partnering with unreliable carriers. AI systems improve over time, becoming more accurate and efficient. By leveraging AI, you can balance the trade-off between load productivity and carrier validation standards, quickly narrowing down to the best carriers. This allows you to maintain high standards while increasing load coverage efficiency.  This simple process contributes to building a broker's trusted carrier database by automatically storing historical carrier quote data into a broker's TMS.

Take Your Carrier Validation to the Next Level

Top brokers validate carriers at the top of the funnel to save time, improve reliability, and enhance efficiency. By using third-party tools, embracing automation, and leveraging AI, you can ensure only the best carriers proceed to negotiations. These strategies can improve your workflow, enhance service quality, and boost your bottom line.

Ready to increase productivity without compromising validation standards? Chat with us to learn how Capacity CoDriver can help you validate carriers at the top of the funnel. With CoDriver, you can scale your load coverage efficiently while maintaining high qualification standards, reducing time spent engaging with unqualified or fraudulent carriers by up to 30%.

Sign up for a demo of Parade's Capacity CoDriver today to see the benefits for yourself.

Book 30% more freight.

Contact

Parade

1160 Battery St. #100
San Francisco, CA 94111-
1233

Reach Sales

(830) 423-5930

Carrier Questions?

assistant@parade.ai

© 2023 Parade

All rights reserved.

Book 30% more freight.

Contact

Parade

1160 Battery St. #100
San Francisco, CA 94111-
1233

Reach Sales

(830) 423-5930

Carrier Questions?

assistant@parade.ai

© 2023 Parade

All rights reserved.

Book 30% more freight.

Contact

Parade

1160 Battery St. #100
San Francisco, CA 94111-
1233

Reach Sales

(830) 423-5930

Carrier Questions?

assistant@parade.ai

© 2023 Parade

All rights reserved.