# Load board

An online market where brokers post freight and carriers book it.

How much of a carrier's freight comes off a load board is a direct read on the quality of its revenue. Board freight is spot freight: priced by the day, won on availability, and gone the moment a cheaper truck appears. Contract freight from direct shippers is slower to win and far harder for a buyer to lose. A carrier whose loads mostly come off boards has a business you can replicate with a truck and a subscription, and a [valuation](https://searchspheresource.com/glossary/valuation) should say so; one with named shippers and standing lanes has something a buyer is actually paying for.

In numbers: A carrier taking 40% of its loads off a board is exposed to the spot market, where a lane at $2.10 a mile can sit at $1.60 for a quarter without anybody doing anything wrong.

Source: https://searchspheresource.com/glossary/load-board
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

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