Building Relationships in Logistics: A Broker's Perspective with Thomas Werdine
Release Date: 08/19/2024
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info_outlineIn this episode of the Trucking for Millennials podcast, we dive deep into the world of logistics and freight brokerage with our special guest, Thomas Werdine from ThinkFreight.io. Thomas shares his extensive experience in the industry, providing valuable insights for both brokers and carriers.
Key Highlights:
Understanding Broker-Carrier Relationships
Thomas emphasizes that not all brokers are bad and many genuinely care about their carriers, sometimes even more than their shipper relationships. He explains the importance of treating carriers well, paying fair detention rates, and maintaining strong relationships to ensure smooth operations.
Career Journey
Thomas takes us through his career journey, starting from his early days in the automotive industry as a Corvette specialist to his transition into logistics. He shares his experiences working at TQL, a major brokerage, and later at a startup brokerage, Full Sail. His insights into the differences between large and small brokerages are particularly enlightening.
Training and Onboarding at TQL
Thomas provides an inside look at the training and onboarding process at TQL, highlighting their in-depth training modules and hands-on experience. He discusses the importance of learning from experienced brokers and the structured approach that helped him succeed in the industry.
Advice for New Brokers
For those contemplating a career in logistics, Thomas offers advice on choosing the right brokerage. He suggests looking for companies with good training programs and avoiding those with restrictive non-compete clauses.
Niche Opportunities in Freight
Thomas identifies niche opportunities in the freight industry, such as power-only and reefer LTL produce. He explains the challenges and benefits of these niches and why they present significant opportunities for brokers willing to specialize.
The Role of Social Media
Thomas underscores the importance of social media for carriers, advising them to use platforms like LinkedIn to build credibility and showcase their operations. He shares tips on how carriers can differentiate themselves and build trust with brokers.
Transition to Freight Tech
Thomas talks about his transition from traditional brokerage roles to the tech side of the industry at FreightWaves. He shares his experience selling Sonar, a tech product, and how it differed from his previous roles.
Launching ThinkFreight.io
Finally, Thomas discusses his decision to launch ThinkFreight.io, a newsletter that provides valuable insights and summaries of freight industry news. He explains the motivation behind starting the newsletter and how it aims to help industry professionals stay informed without getting overwhelmed by information.
This episode is packed with practical advice and insider knowledge, making it a must-listen for anyone in the logistics and freight industry.