Making a broker show the cards

[wichris]

It's a holdover from rate regulation. On the carrier side it was to prevent a carrier that has a brokerage from brokering the loads to themselves and then the carrier paying the O/O's on the lessor percentage. Whole lot of carriers out there that continue to do it.

[aiwiron]

We have had other threads on here where drivers say well broker x has you pegged as a cheap carrier ... so they may get $1,000 for a load but know that you will haul it for $600 to get home...when there usual rate to me or any other carrier would be $800...it may assist it stopping some of that.

And before you say what's wrong with making money...sometimes guys starting out might not know any better and take what they can get but as they stay longer they learn better but are still pegged as a "cheap" carrier.

And as an experienced carrier nobody wants to leave money on the table and wants to maximize their earning potential.

You are correct, also to ad that many brokers with certain multiple loads in a lane have been known to chop rates on new people.

Just a example, say a imaginary load of tomatoes out of Florida.

Broker has 20 loads to NYC all from the same load out and to the same destination, O/O starts finding out the broker is playing with the loads and different rates. It does not take long until drivers learn that they have been taken and start complaining, but the broker swears they are not undercutting the loads.

Now if a O/O is payed by the load or percentage you still have the right to know, regardless how you haul. Fuel surcharge is not required to be passed on but I bet it is factored in on the brokers quotes, you have all kinds of information that brokers will not pass on.

[rollin coal]

We have had other threads on here where drivers say well broker x has you pegged as a cheap carrier ... so they may get $1,000 for a load but know that you will haul it for $600 to get home...when there usual rate to me or any other carrier would be $800...it may assist it stopping some of that.

And before you say what's wrong with making money...sometimes guys starting out might not know any better and take what they can get but as they stay longer they learn better but are still pegged as a "cheap" carrier.

And as an experienced carrier nobody wants to leave money on the table and wants to maximize their earning potential.

Sounds like socialism for lousy business people to me. The ones that don't know how or can't figure it out need to fail so they learn a lesson.

[Clasix1055]

Sounds like socialism for lousy business people to me. The ones that don't know how or can't figure it out need to fail so they learn a lesson.

I agree you need to bump your head every now and then if you don't have a solid plan in place (nobody's perfect) like paying for overpriced tires...not learning to do some light mechanical work by yourself...but you shouldn't be CHEATED by a shady broker...I think it helps the entire industry

[BigBadBill]

I agree you need to bump your head every now and then if you don't have a solid plan in place (nobody's perfect) like paying for overpriced tires...not learning to do some light mechanical work by yourself...but you shouldn't be CHEATED by a shady broker...I think it helps the entire industry

Please explain this to me VERY slow, like I'm a 5th grader.

Unless I am working for a broker on a percentage, how could a broker possibly cheat me? I seem to be missing something.

[Clasix1055]

Say a broker gets a load direct that pays $2.00 mile for 1,000 miles for a total of $2,000

Now he post the load to you at say $1.30 for a total of $1,300 thats charging 35%

When I get the load at $1.80 for a total of $1,800 thats charging 10%

These numbers are all fictional....but I hope that helps

[Zab]

Umm, lets say I am dumb enough to take that load at $1.30. Thats my problem not the brokers, He has a right to a profit as well.
As with any business, its all about maximizing profit
I entered into an agreement at said rate, doesn't matter what he is getting.
If I work to cheap to survive why should I sue, it was my decision, I could have said no, i need $1.80. If the broker don't agree then politely hang up and call on the next load.

However like Bill said, if it's a percentage of the load, that is another story.

[grizzly]

We have had other threads on here where drivers say well broker x has you pegged as a cheap carrier ... so they may get $1,000 for a load but know that you will haul it for $600 to get home...when there usual rate to me or any other carrier would be $800...it may assist it stopping some of that.

And before you say what's wrong with making money...sometimes guys starting out might not know any better and take what they can get but as they stay longer they learn better but are still pegged as a "cheap" carrier.

And as an experienced carrier nobody wants to leave money on the table and wants to maximize their earning potential.

Just because someone bought a truck and trailer doesn't give them the right to make money. Trucking is a business. Some people will do their homework and learn how to make money, and some people will fail. The only person an O/O can blame for taking cheap freight is the one looking at them in the mirror.

[aiwiron]

Posted this for one reason, to inform those that did not know about it. Not wanting to start a yellow shoe contest or how stupid one can be for hauling cheap freight.

In the regulations they have buried so many things that can help the O/O and this is one of them, just a very small portion of information here.

[BigBadBill]

Say a broker gets a load direct that pays $2.00 mile for 1,000 miles for a total of $2,000

Now he post the load to you at say $1.30 for a total of $1,300 thats charging 35%

When I get the load at $1.80 for a total of $1,800 thats charging 10%

These numbers are all fictional....but I hope that helps

OK, think I have beat this one into the ground with my sarcastic question. My point was the broker may have taken advantage of my poor business skills or situation and made a good profit, but that is hardly cheating me or anyone else.

When a new broker tips their hand I am all but willing to do the same.