Very Good year for Freight Brokers

ATLANTA - Aug. 16, 2015 - PRLog -- According to Milton Collier, founder of www.MiltonCollier.com despite some of the new challenges that freight brokers face, 2015 is likely to be a strong year for freight, and the economy as a whole.  As a Freight Broker, you know the importance of staying ahead of trends in your business. 2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well.

Manufacturing Comes Home

For decades, globalization has defined the supply chain. According to Mr. Milton Collier companies have shifted manufacturing outside of North America and shipping has been consolidated to large, central import locations.

While globalization is here to stay, there are some indicators that the trend may be reversing. MIT Report that more and more companies are seriously considering returning some of their manufacturing to the USA, citing several factors. Labor costs have steadily increased in China in the last decade, and as energy costs destabilize, there are strong incentives for keeping manufacturing closer to the point of sale. Consumers are also getting pickier, and domestic manufacturing offers stronger quality control, and quicker turnaround from manufacturing to sale. With some consumer goods, like clothing and electronics, this quick turnaround time is becoming more important by the day.

What does this mean for freight? Manufacturing and shipping points might be more decentralized, with smaller loads originating in more places all over the country. Shipments may have fewer miles to travel, but there will almost certainly be more to organize in terms of logistics.

Mr. Milton Collier states that fuel prices are low, and likely to stay that way for much of the year. This is stimulating growth at every link of the supply chain, from manufacturers to consumers, who all have more spending power.

Meanwhile, as consumers shop more, they’re also shopping more online. This means more shipping all over the country, and companies will increasingly hustle to bring quality goods and fast delivery to their customers. Freight brokers who can rise to the challenge, with improved logistics as well as integrity and honesty, have a lot to look forward to.

In the end, according to Mr. Milton Collier the best freight brokers will use these new tech solutions to their advantage. A great freight broker can deliver the same services that an automated system can, but the best automated services can’t offer the human touch of a great freight broker. Maximize your efficiency, while cultivating the strong business relationships that make your brokerage indispensable.