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What is a load board? Are load boards worth it? What are the pros and cons of using a load board?

The Future of Journalism by The Future of Journalism
April 19, 2024
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Are you feeling a little overwhelmed by the logistics of shipping cargo in Australia? Finding the right carrier, negotiating reasonable rates, and ensuring a smooth delivery can feel like a logistical minefield! 

Enter the load board: a digital marketplace designed to connect shippers with carriers. But are load boards all they’re cracked up to be? 

Let’s find out!

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What is a Load Board? A Comprehensive Breakdown

Imagine a platform where shippers can post details of their cargo and carriers can browse available loads – a matchmaker for the freight industry! That’s essentially what a load board does. 

Traditionally, finding carriers involved making loads of phone calls, sending tonnes of emails, and a whole lot of legwork. 

Load boards streamline this process, offering a centralised platform for both parties to share and find key information, such as: 

  • Origin and destination
  • Weight and dimensions
  • Type of freight (pallets, boxes, etc.)
  • Pickup and delivery dates

Carriers then browse these listings and can directly contact shippers to express interest and negotiate rates. Some load boards offer additional features like:

  • Advanced search filters: Refine your search based on specific criteria such as truck type, capacity, and route, etc.
  • Carrier reviews and ratings: Get key insights into carrier performance before making a final decision!
  • Real-time tracking: Monitor the progress of your shipment as it is en route. 

Load boards aren’t just for shippers. Carriers can also post details of their available trucks and trailers, seeking loads that fit their route and capacity.

Speeding Semi Truck with Trailer Loaded with Wooden Material Beams and Planks. Heavy Duty Transportation.

Are Load Boards Worth It? Connecting Shippers with the Best Carriers

So, are load boards all they’re cracked up to be? There are several advantages to using load boards in Australia:

  • Increased Efficiency: You can find carriers quickly and easily without having to make endless phone calls.
  • Wider Network: Additionally, you gain access to a vast pool of potential carriers, thus increasing your chances of finding the perfect match! 
  • Competitive Rates: you can compare quotes from multiple carriers to ensure that you’re getting the best possible deal.
  • Transparency: Load boards allow you to clearly communicate your needs and receive upfront quotes from carriers.
  • Flexibility: You can post loads or find loads that fit your specific requirements and schedule.

Load boards can be a valuable tool indeed for both shippers and carriers, streamlining the process of finding the right match for your freight needs.

 

What are the Pros and Cons of Using a Load Board? A Balanced View

By this point, you are likely sold on load boards, but surely there are some drawbacks? 

While load boards do indeed offer some attractive benefits, there are also some downsides to consider:

Pros:

  • Convenience: A user-friendly platform that is accessible 24/7.
  • Cost-effective: You can potentially save money by comparing quotes from multiple carriers.
  • Variety of Options: You get to find carriers specialising in specific types of freight or routes.
  • Increased Control: Manage your freight needs from a single, easy-to-use platform.

Cons:

  • Information Overload: A vast number of listings can be overwhelming, especially for new users who are unfamiliar with the processes. 
  • Time Commitment: Posting a load and negotiating with carriers takes time and effort.
  • Quality Control: Not all carriers listed are created equal – which is why it’s crucial to check reviews and qualifications before making a final decision.
  • Subscription Fees: Some load boards charge subscription fees for access.

Aerial view of trucks unloading in logostics center

Frequently Asked Questions (FAQ) 

Q: Are load boards free to use?

A: Some load boards are indeed free to use with basic features, while others require a paid subscription for access to premium features like advanced search filters and real-time tracking.

Q: How do I find reputable carriers on a load board?

A: Look for carriers with positive customer reviews and ratings from other shippers. Many load boards also allow you to filter by carrier qualifications and insurance coverage!

Q: Is it safe to use load boards?

A: As with any online platform, we advise that you exercise caution. Verify carrier information and be wary of deals that seem far too good to be true (as they often are). 

Q: Are load boards a replacement for freight forwarders?

A: No, not necessarily. Load boards connect you directly with carriers, while freight forwarders handle the entire shipping process, including documentation, customs clearance, and insurance. It all comes down to your personal preferences. 

 

Final Thoughts: A Tool in Your Freight Shipping Arsenal

So, in conclusion, are load boards worth it? The answer largely depends on your specific needs and shipping volume. Here’s a quick breakdown:

  • Ideal for: Occasional shippers looking for a convenient and cost-effective way to find carriers. Businesses with flexible schedules that can browse and compare quotes.
  • Not so ideal for: High-volume shippers who require more control and a personalised service. Businesses that need specialised logistics solutions or assistance with complex regulations.

Load boards can be a valuable tool when leveraged correctly, but they’re not a magic bullet. For a genuinely seamless shipping experience, consider these additional options:

  • Freight Quote Comparison Websites: Look for reputable websites that offer free freight quotes. They can connect you with a network of pre-vetted freight providers, allowing you to compare quotes and book your shipment online in minutes.
  • Freight Forwarders: For more complex shipments or those who require additional services like customs clearance, freight forwarders can handle the entire logistics process for you. 

Ultimately, the best approach depends on your individual needs. Load boards offer a convenient and cost-effective way to find carriers, but they require some time investment and research! 

We hope that you have found this article to be insightful and wish you the very best of luck with finding the perfect freight shipping carrier to suit your needs. 

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