The overwhelming majority of truckers believe that freight brokers should have to disclose how much they’re making off of brokered loads. That’s according to a poll TruckersReport.com conducted back in May. Now the FMCSA is asking for truckers to officially weigh in and answer whether or not brokers should be required to automatically disclose financial details about their transactions to the drivers hauling the loads.
A great deal of anger has been directed toward freight brokers over the years. The anger only increased when freight levels tumbled thanks to COVID-19. Some truckers claimed that the circumstances only highlighted the problem with brokers – that they’ve been taking fairly priced loads, paying truckers starvation wages, and pocketing the rest.
In response to the anger, the Owner Operator Independent Drivers Association filed a request with the FMCSA asking for transparency concerning broker rates.
“OOIDA requests that FMCSA require property brokers to provide an electronic copy of each transaction record automatically within 48 hours after the contractual service has been completed, and prohibit explicitly brokers from including any provision in their contracts that requires a motor carrier to waive its rights to access the transaction records.”
FMCSA is now seriously considering the proposal and has asked for comments from the public.