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@freightcaviar8,196 subscribers

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Why getting rid of brokers would hurt small carriers—according to Steve Vest, Owner of Nationwide Equipment Transportation Inc. “I find it interesting that people want to cap brokers or get rid of them altogether. A lot of the conversations at the Broker-Carrier Summit were about the broker–carrier relationship and the value brokers bring to small carriers. Without brokers, many one- or two-truck operations wouldn’t exist. A lot of these carriers don’t want to handle sales or deal directly with shippers—they just want to run trucks. Brokers act as an extension of small carriers, helping them get access to freight and build relationships. The carriers who understand that and work with brokers tend to survive and grow. The ones who blame brokers for everything usually struggle because they’re not focused on building those relationships. Before deregulation, brokerages didn’t really exist, and the large carriers dominated. If brokers disappeared today, the big players would take over again. Small carriers would have a hard time competing on service and price or getting direct shipper access. What’s ironic is that the same people calling for transparency and caps on broker margins don’t see the bigger picture. More transparency is already benefiting the large carriers—they’re winning. The small guys are getting squeezed. So I don’t understand why anyone would want to go back to a system where the big players control everything.” From our latest 'Freight Gong Friday' Live episode, presented by OTR Solutions. Want to listen to the entire interview? Comment below or DM me and we'll send over a link. FreightCaviar's 'Freight Gong Friday' is Live every Friday between 8 and 10 AM CST on LinkedIn, X, and YouTube. cc Reed Loustalot

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