Freight News

What is an Asset-Based Carrier?

What is an asset based carrier?

Understanding what an asset-based carrier is will help you make an informed decision about whether or not hiring this type of carrier is in your best interests. At C&D Logistics, we know how important it is to choose the best carrier for your freight shipping needs. That is why all of our shipping services are performed by our team of experienced freight carriers.

 

What are Asset-Based Carriers?

Asset-based carriers own their own equipment—trucks, warehouses, and tools—and work directly with shippers to move their freight. In most cases, asset-based carriers will also provide customers with a variety of different services, including warehouse space, distribution services, and value-added options.

Benefits of Working with an Asset-Based Carrier

Some of the benefits of working with an asset-based carrier include but are not limited to:

Readily Available Facilities

Since asset-based carriers have their own facilities, customers will not have to worry about trying to procure storage spaces for their freight. Instead, they will be able to maximize the productivity of their freight carrier by entrusting them with all of their supply chain management needs. Customers can also rest assured knowing that these facilities are in good condition for transportation, storage, and safe freight management services.

Cost-Effective Services

Since asset-based carriers do not have to rely on outsourcing facilities, they are often able to provide customers with cheaper rates for warehouse storage. Unlike with non-asset-based carriers that have a level of unpredictability, customers will also not have to worry about paying additional costs to cover any extra factors regarding transportation, such as truck rentals and warehouse contracts.

Added Liability on Goods

While working with a customer’s business, liability is placed on the asset-based carrier. This means that the carrier takes on the full responsibility of handling the freight and will be required to fully answer for any costs or problems that occur to the goods due to faulty equipment or careless management during the freight shipping process.

If you would like to learn more about what an asset-based carrier is, or if you are interested in one of our shipping services, please contact C&D Logistics at 604-881-4440 or by filling out a contact form on our website. Our team would love to help you select the ideal freight shipping services for your unique business requirements. You can also stay up to date on the latest news by following us on Instagram, Facebook, or YouTube.