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| Trucking Industry Regulations Wipin' The Fog Off The Log. Forum/Discussion of trucking regulations, hours of service, log books, rules, laws, etc. |
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Title 49 CFR 371.3 of the FMCSRs. Here's the wording: Under Title 49 CFR 371.3 Records are to be kept by brokers. (a) A broker shall keep a record of each transaction. For purposes of this section, brokers may keep master lists of consignors and the address and registration number of the carrier, rather than repeating this information for each transaction. The record shall show: (1)The name and address of the consignor; (2)The name, address, and registration number of the originating motor carrier; (3)The bill of lading or freight bill number; (4)The amount of compensation received by the broker for the brokerage service performed and the name of the payer; (5)A description of any non-brokerage service performed in connection with each shipment or other activity, the amount of compensation received for the service, and the name of the payer; and (6)The amount of any freight charges collected by the broker and the date of payment to the carrier. (b)Brokers shall keep the records required by this section for a period of three years. (c)Each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules. This regulation is a very powerful tool for you to use when dealing with a broker to keep them honest. The impact of requesting this information after you haul the first load for a new broker is a strong tool to use. Remember 371.3 (c) states that each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules. Whether the load was flat rated or a percentage the regulation still gives you the right to review the record. If this rule is ignored it is enforceable under private right of action, Federal law 49 USC 14704 (a), and 14707. This rule will allow you to obtain a court order requiring brokers to comply with regulations. In the event you have to go to court to get this information private right of action also allows a court to award reasonable attorney's fee that the court can impose as part of the costs of the action. *Remember—you need everything in writing and keep copies of all paperwork. |
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Hopefully these bad brokers will burn enough of the cheap freight haulers out here and it'll be back to business as usual for the rest of us. |
| The Following User Says Thank You to rockrawlin For This Useful Post: | ||
luvtheroad (02.13.2009) | ||
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| Just say "no" to cheap freight Quote:
Headhaul, backhaul, truck needs to be somewhere or get out of a place, that's where those guys get you. We could talk for a month on specifics of what's a headhaul and what's a backhaul. Why do these brokerages think that there should be a difference in price? When you go to pay for fuel, you don't walk up and say I'd like to have the backhaul rate on this tank of fuel. The customer who is supplying the load doesn't say to the broker, this is a backhaul, it should get a cheaper rate. Here is what everyone in the industry needs to remember.... PROFIT IS NOT A DIRTY WORD
__________________ You have to do what you love to do, not get stuck in that comfort zone of a regular job. Life is not a dress rehearsal. This is it... Lucinda Basset |
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| This stuff is over my head as I'm a custom metal shop owner. Thanks for letting me in and for the replies. With the account, Estes was my choice. eventhough the lift gate didn't make it to my pick-up, the driver was kind enough to help me toss a 300# pallet onto his trailer. That kind of extra means alot to us little guys with ltl stuff. best regards to all... |
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| Here's another thread that will probably answer some of your questions. [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.
__________________ Dynamite comes in small packages, Nitro comes in smaller ones, take your pick! ![]() Lo there do I see my father Lo there do I see my mother and my sisters and brothers Lo there do I see the line of my people back to the beginning Lo they do call to me They bid me to take my place In the halls of Valhalla Where the brave may live forever. From the movie 'The 13th Warrior' |
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__________________ You have to do what you love to do, not get stuck in that comfort zone of a regular job. Life is not a dress rehearsal. This is it... Lucinda Basset |
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| The Following 2 Users Say Thank You to _ton bundle For This Useful Post: | ||
Lilbit (02.14.2009), luvtheroad (02.14.2009) | ||
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| What do you do outside of getting licensed and bonded, buying some leads and hitting the phones? I don't think anyone should buy into any promises from an internet kit, but an e-book or two on the matter couldn't hurt.
__________________ You can always tell a trucker, but you can't tell him MUCH! Guide to Instant O/O and Loadboards thread: Financial settlements: 50, 68, (80), 82, 123, 166 (cumulative), 166 all repairs/maintenance, 181, 205 Pics: 3, 9, 10, 16, 24, 29, 32, 41, 61, 63, 78, 84, 94, 96, 119, 210, 326 Vids: 47, 48, 63, 74, 77, 80, 82, 96, 172, 211 JasontheRock cost investment summary: 87 |
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| There is not a license for brokers. You need an operating authority through FMCSA just like a truck owner does.
__________________ Dynamite comes in small packages, Nitro comes in smaller ones, take your pick! ![]() Lo there do I see my father Lo there do I see my mother and my sisters and brothers Lo there do I see the line of my people back to the beginning Lo they do call to me They bid me to take my place In the halls of Valhalla Where the brave may live forever. From the movie 'The 13th Warrior' |
| The Following User Says Thank You to Lilbit For This Useful Post: | ||
Baack (02.14.2009) | ||
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| A LOT more to it than that, if it were that easy, we would all have profitable brokerages. As for buying leads, who else has them too? It takes more to get customers than calling them on the phone. And it takes more than one call, whether it be phone or live calls.
__________________ You have to do what you love to do, not get stuck in that comfort zone of a regular job. Life is not a dress rehearsal. This is it... Lucinda Basset |
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