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Home » Brokers post shipment gains in second quarter, TIA says
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Brokers post shipment gains in second quarter, TIA says

August 23, 2016
DC Velocity Staff
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Freight brokers reporting to the Transportation Intermediaries Association (TIA), the broker trade group, posted a 7-percent sequential gain in shipments during the second quarter, paced by a 6.2-percent gain in truckload shipments, TIA reported today.

Second-quarter revenue rose sequentially by 6.8 percent, to $2.1 billion, TIA said. The average per-shipment invoice fell by $4 per shipment, to $1,652, according to TIA. Brokers participating in the report handled nearly 1.3 million shipments in the second quarter, TIA said.

Brokers with less than $16 million in annual revenue reported the largest sequential gain in shipments, with a 13-percent increase, TIA said.

TIA members report business transacted via truckload, less-than-truckload (LTL), and intermodal.

KEYWORDS Transportation Intermediaries Association
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