“The brokers make too much”

Discussion in 'Ask An Owner Operator' started by Long FLD, Apr 24, 2020.

  1. Midwest Trucker

    Midwest Trucker Road Train Member

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    Joe, if profit was a guarantee then there would be even more trucks on the road and before long there wouldn’t be enough freight for all of them. Then you would be sitting waiting on your guaranteed load. What’s next? The government decides how big your company can be?

    You are going down a rabbit hole that has no end.
     
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  3. xsetra

    xsetra Road Train Member

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    Dino said Notsaid; "to mention that what they would charge the shipper would be a maximum amount of money instead of the minimum amount that they try to charge now."

    I think most brokers have the same pressures truckers have. Maximize profits. With competition, to get a load they charge the most to a shipper they can. While being less than the competition.
     
  4. Midwest Trucker

    Midwest Trucker Road Train Member

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    Yeah it’s really not much different. Yes, they aren’t paying for equipment and hiring drivers. But they just have different expenses like offices, staff to broker the loads, freight agents, sales people, Accounting people, technology costs, etc etc. They still have risk and still pay insurance, have to have a lot of cash flow, wait on customers to get paid, always getting undermined by the next company, dealing with carriers (vs dealing with brokers), dealing with demanding customers, trying not to get claims, etc. It’s still very challenging, it’s just the challenges are different but some the same.

    Any of you Truckers out there that think you could do it better, it’s a free country (for now) so go open a brokerage and try it!
     
  5. xsetra

    xsetra Road Train Member

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    That would take up all my time. I wouldn't have enough time to drive each day. Hahaha.
    I did many moons ago. I enjoy just driving. Too bad I still have all the paperwork for the trucking.
     
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  6. Dino soar

    Dino soar Road Train Member

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    I don't know about that.

    I'm sure they want to get the most they can, But they can always try to pay the Carrier less to make up for it.

    If everything was transparent they would positively be trying to get the absolute top dollar that they can get so that they make the most money but also they will have carriers then work for them.

    You would still have to negotiate but the free market would find its balance.
     
  7. Ruthless

    Ruthless Road Train Member

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    They don’t want to do it themselves: they want a third party (government) to tell everybody what to do and what they can make.





    How come everybody that always tells us how easy any job is is the same person that never did it?
     
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  8. Rubber duck kw

    Rubber duck kw Road Train Member

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    That would take effort, and you'd have to actually randomly call perfect strangers, people don't like to do that part me included.
     
  9. TallJoe

    TallJoe Road Train Member

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    Are we not sitting and waiting, already, sort of?
    All I said was rhetorical. I am actually quite neutral about all this. I do know all academic pros and cons of regulations and the lack of.
    I was just spitefully pointing of logical conclusions of what so many were saying and advocating here, contradicting themselves in the process.

    You yourself stated lately that at 1.50 cpm all you do is keep spinning wheels. Or you were not happy with all the new posters asking about entering the field.... or carries hiring 1099 drivers or immigrants.

    In a free market .e.i. unregulated market everyone is allowed to do what the deem necessary to maximize profits, provided it is coherent with a universal law of 10 commandments. Don't kill, Don't steal stuff....But if I want to hire a bunch of Somalians to run in my trucks for 15 c per mile, so be it.

    I agree with you in principle.... hauling too cheap is universally bad. But hauling cheap derives from the lack of regulatory measures too.

    No education nor logical persuasion will stop 1 dol per mile freight. People will keep buying cheap priced used trucks and be happy with after fuel left overs until they know better.
     
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  10. Long FLD

    Long FLD Road Train Member

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    There is a similar discussion on BulkLoads about how the brokers are stealing from truckers and the government needs to save us. I read through it and saw this gem today. Blows my mind how “business owners” can actually think this is a good idea.

    58E72288-A38F-4B1D-B276-5C99AD9580CB.jpeg

    As far as solicitation, I’ve never dealt with or signed anything with any broker. There is nothing stopping me from starting a brokerage and cold calling everyone and building my empire. But then I’d have the internet telling me how much money I should be able to keep.
     
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  11. LoneRanger

    LoneRanger Road Train Member

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    @Ruthless I’ve Worked for a brokerage firm for 3 months in the late 90’s, I helped start it and then sold it, I know what I’m talking about.


    I’m not talking about limiting anyone’s profit at all. I’m just saying regulate brokers and shippers only to a point to stop the double brokering, give the owner op some breathing room and a equal playing field to succeed.
     
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