Carrier Terms Intermediate

Load Board

Also known as: Freight Board, Freight Marketplace, Load Matching

Definition

Load boards connect shippers with available trucking capacity. Brokers and shippers post loads, carriers search for freight that matches their routes—it’s the “spot market” of trucking.

Major Load Boards

Platform Description
DAT Largest, most established
Truckstop.com Full-service platform
123Loadboard Lower cost option
Uber Freight App-based, growing
Convoy Digital freight network

How Load Boards Work

For shippers/brokers:

  1. Post load details (origin, destination, weight)
  2. Set rate or request quotes
  3. Receive carrier interest
  4. Verify carrier and book

For carriers:

  1. Search by lane, equipment, date
  2. Filter by rate, distance
  3. Contact poster
  4. Negotiate and accept

Load Board Information

Typical posting includes:

  • Pickup/delivery locations
  • Date and time requirements
  • Equipment type needed
  • Weight and dimensions
  • Rate (posted or negotiable)
  • Contact information

Benefits and Drawbacks

Benefits:

  • Find capacity quickly
  • Fill empty trucks
  • Price transparency
  • Wide market access

Drawbacks:

  • Spot rates fluctuate
  • Quality varies
  • Relationship-free
  • Competition on price

Load Board Tips

  • Verify carrier authority
  • Check safety ratings
  • Use rate data for benchmarking
  • Build relationships from good matches
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