
Stephen Patrick Day is a leading logistics executive in Houston and guides Logistics Group International (LGI) in efforts to assist clients in arranging freight transport throughout the United States, Mexico, and Canada. Stephen Day is a member of the Transportation Intermediaries Association (TIA), and is also a Certified Transportation Broker.
Brokers have been playing important roles in the trucking industry for decades, and their involvement can date back to the early 20th century when the industry was new. Before the last quarter of the century, however, highly strict regulations were created, and governed brokers to the point where many brokerage firms lost interest in the industry. However, drastic changes in federal transportation policy that occurred in the 1970s lifted multiple regulatory restrictions, creating entrepreneurial opportunities in the 3PL sector.
As the industry expands, a wider range of participants is incorporated to sustain the industry. Some of the participants have certain responsibilities in common which may make their differences less obvious. However, the key participants in brokerage include shippers, freight brokers, motor carriers, import-export brokers, and freight forwarders.