Looking for Feed Back about Using Load Board Only..

If I'm understanding you right i believe what you're talking about is illegal. Taking a load from another broker then brokering it out again is double brokering.

Sounds more like a dispatch service where you find loads on a board and assign them to trucks using your service but even with just a couple trucks it could get to be quite the hassle with a full time job. This isn't really the sort of business where you get to dip your toes in the water. Either jump in or stay out of the pool.

 

For every load you can book, you will make $50-$300. Profit within a 10 minuet phone call. Just picture how much a broker can take in, in one day with very little overhead.
Fact!

 

If it is so easy then why doesn't everyone do it and get rich? Why don't you broker and get rich off a few 10 minute phone calls a day? I know this will probably again get me labeled as a defender of the brokers but really nothing could be further from the truth. The cream always rises to the top. A good salesman invests a lot more than a few minutes on the phone into a good account. And deserves what they reap even if that is selling a $5,000 load to a truck for $1,000. Good for them. There's a lot of wannabes and pretenders on the brokerage side same as the trucking side. Really the kind that don't have a clue about the business just looked like an easy way for them to make money. Don't have the desire or heart for it just see $ signs. Too easy to get into the business, and the business ain't really rocket science, but even so not that easy to master either. Good ones make it look easy. Make it look like they're making bank on 10 minutes of phone calls. Truth of the matter is successful people put in twice the work and hours of others.

 

this is absolutely correct. there is no such thing as easy money i been running my own trucking company for 3 years and what ive learned is to be successful in any business takes a lot of hard work. even if you are just a scammer takes a lot of work if your going to be successful at it. its no different for brokers sure they don't have the overhead that we do but they have to wait a lot longer to get paid. the grass always looks greener but ill tell you its not.

 

The problem is the 30-40calls before you get the opportunity to quote a rate on a load, then the 20ish calls from drivers/companies wanting double the rate you had to drag out of the shipper. If all those calls took 2-5 minutes you are looking at 1.5-5 hours ($10-200/hr). Not counting the tracking of the drivers, then having to rebook the load the day it picks up because the carrier decided it wanted to take another load. And usually you end up covering it for less profit, just to make the customer happy.

Also on average I make about $75 per load, I could make more, but I try to be fair to my drivers.

 

Dear MTandReady, yes, that's double brokering and it's Illegal as of Sept 2013, MAP 21. But, you can legally be a load-finder. You can acquire carriers and gets loads from a load board, you invoicing the broker or shipper for the carrier, but the money goes straight to the carrier from the shipper or broker and you invoice the carrier for your fee after he gets paid. 15% if load comes from one of your shippers and 7% from a broker. You will need an MC# to get on the load boards. If you own your own truck you're good use that MC# of course, otherwise the carrier generally pays the loadboard fees and uses his MC# and you just manage loads for him. It helps him because he is driving and not hunting for loads. It just all depends on what you want to do. Your acting kinda like his load manager or something. But pulling loads from a load of brokers is Double-Brokering. Anyway, good luck. I myself am just starting out as an agent broker. I attended a great class and I agent for them but I can keep my own shippers when I leave. I like that idea. I'm just digging in now to get shippers to post loads.