“The brokers make too much”

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

  1. Long FLD

    Long FLD Road Train Member

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    I’m still waiting for someone to explain to me how two separate business transactions are related.

    Why stop at brokers? Let’s limit the markup that shops can charge on parts. Tires can only be sold for 15% over cost.

    The guys that want a level playing field should go truck in Hawaii. They have rates set by the government and everything to keep it all fair. Only thing is you need a sponsor to go with you to the PUC meetings with you before you can buy a truck.
     
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  3. Long FLD

    Long FLD Road Train Member

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    He’s not saying cap the profit per se. He’s saying if the load pays $2000 the most the broker could keep is $300. And if shippers have to be transparent with rates then what is stopping that from biting us in the butt who haul direct when the brokers come sniffing around?
     
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  4. TallJoe

    TallJoe Road Train Member

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    Maybe you should take your fellow truck drivers side. Why do you disagree with me? Am I your "friend" or TQL is?
     
  5. Rubber duck kw

    Rubber duck kw Road Train Member

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    I'm aware he's saying cap the profit percentage not dollar amount. Whats to stop them from doing the same on the truckers end then?
     
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  6. Rubber duck kw

    Rubber duck kw Road Train Member

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    I have not ever hauled a load for TQL. If you think regulations are your friend you're no more my friend than a broker.
     
  7. LoneRanger

    LoneRanger Road Train Member

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    Not the case, but if you want my credentials here it is.


    Many years ago I started a brokerage firm, sold it for profit,

    few years ago before I got into trucking Side, I helped finance and consulted on starting 2 more firms, then I sold my shares for profit.

    so yes I have experience in what I’m talking about and have been around them for a while.

    so stop with the bs.

    I have my credentials to know what I’m talking about.

    I have made money, I have lost money learned a lot, specially ways to step on the little guy, also learned to only speak of things you have a firm understanding of, and never underestimate the person in front of you.

    yet your here making a comments like that which simply shows the level of your argument. Which is basically 0
     
  8. TallJoe

    TallJoe Road Train Member

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    No, that's not what I said. I said 15% cap on whatever the broker gets out of the deal with the shipper per load.
     
  9. ZVar

    ZVar Road Train Member

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    Why stop at the broker? So you know you are getting your "proper slice" why not mandate the shipper be required to show their expenses? After all, the driver can make more if the shipper spends more, so it's them cheating the driver too. Or something like that I guess.

    Because no driver has ever exaggerated how much they make.....

    Again, what problem would transparency or even caps solve that's not solved by contracts and how well a salesman the O/O is? And don't say the O/O doesn't need to be a salesman. Every business owner has to be one, trucking is no different.
     
  10. Rubber duck kw

    Rubber duck kw Road Train Member

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    So why not cap what you get to keep from the broker at x%? You're regulating what somebody can profit, you're worse than the brokers you're #####ing about.
     
  11. TallJoe

    TallJoe Road Train Member

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    Establishing a minimum rate per loaded mile should be relatively easy. You take into account all the trucking business ingredients (fuel, tires, oil, parts, drivers pay) and average them out a concrete figure that can be something like a minimum wage determination based on some basket of general foods and services. Are they not already figuring out Fuel Surcharge?
     
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