Government regulates everything else time to regulate rates.

And every agreement that you sign with a broker you waive your rights to that information.

Honestly that information is a waste of time because you can't get it.

The broker will just tell you you waived your right to it and then you'll have to go to court and fight and argue and carry on and when it's all done you're blacklisted And you can never work for that brokerage ever again.

Not to mention what it will cost you in legal fees and time and aggravation.

You certainly could not ask for that information of every broker you work for or you'll never have any brokers to work for.

There is a reason they want you to not know.

Guaranteed.

It's not that simple.

Tell the next broker you're going to work for that you're going to cross that out of the contract and they'll just laugh at you and hang the phone up.

 

Just making the rates transparent doesn't have anything to do with charging what you want.

When there are more loads than trucks the brokers would take a smaller percentage when there's more trucks than loads then the brokers would probly get a higher percentage.

But that would help to eliminate freight paying 85 cents a mile.

Even then there probably would be someone stupid enough to agree to it.

 

They are not going to band together.

If they were going to do that they would have done it a long time ago and The rates would only solidly be $1 a mile.

Make it transparent and the market will find its equilibrium.

 

I don't get what is so difficult about this.

Would you rather negotiate with someone that you know how much they have in the load or would you rather negotiate blindly?

I agree with the idea that that rule is already on the books for them to disclose the amount.

So if they made it mandatory to disclose that information I see no problem with that.

Make it mandatory that they disclose the rate and the truck ordered not used and the detention and make it illegal with stiff penalties for double brokering.

No price fixing no minimum rates no government intervention except for making the brokers disclose it and be liable for double brokering.

They still would make money the trucking companies would still make money but everybody would be on a more even playing field and the free market will dictate what happens.

I can't comprehend why that seems to be so difficult to understand.

 

IF my old midroof was going to have a $1.15 break even costs for everything in the mid 90's on paper. Fuel, insurance and so on per mile versus expected costs that monthly period of four weeks, add .45 cents to driver pay (Thats for me driving it as owner, a little example.) I need the load to pay a minimum of $1.75 (Truck "Earns .15") either up to Altoona and back or across the USA. That way the entire structure does well on money for the one truck trucking company with one employee.

Those unrealistic 0.85 loads do not the truck earn or driver make or company thrive. It is a loss. Just like taking your wallet and throwing it's contents into the fire. There is no point. Park it until you have a load that paid at or better than 1.75

How hard is that?

One trucking company I worked for in Indiana had a protected secret dot matrix room with a spread sheet coming out in near real time. My loads dispatched up to that night on my truck number paid a average of 2.45 a mile give or take a range and they kept track of any money I owed the company at that time any time. Some other drivers on there were owner operators in debts up to 60,000 or more for the leasing etc.

I was thrown out of there in a few minutes but not before reading several such spreadsheets. Serves them right for forgetting to close and lock that door. I have a bad (Good) habit of examining any given environment. But they were right to throw me out, that kind of information was the core of everything they are. Master core in Tron terms. That kind of information is generally kept very secret and known only to the owners and maybe a operations manager and one HR person designated with settling payroll for drivers and settlements each payday for O/O's and lease.

 

O/O weren’t signing petitions 6 months ago. So using the same logic. What do you think brokers will do when their bottom line is threatened?

 

It does mention all of that in the article.

 

But that's the thing. No one is threatening their bottom line.

Having rules that they have to live by is no different than any trucking company.

There will always be a place for brokers there will always be a need for brokers.

Just because the rate is transparent doesn't mean their bottom line is threatened.

Everyone still has to negotiate.

The best brokers will get the best Percentage. And the best overall rate. And be able to pay the carriers the best.

The market will make everything right and it will Find its own level.

The only difference is the broker won't be able to tell you, "Oh that's all I have in that load I can't give you anything beyond that".

 

but that is not true. If let's say the reverse was going on. There were more loads than drivers. They'd have to be offering up some good CPM to move them. But also having to be cheaper than the next broker. Thus causing them to go very low ball on their portion of the load's payout. So say normally they'd make 150.00 for that load. Now they're only making 50.00. How far down would they have to go?

This really is supply and demand. There is a bottom. Meaning at some point drivers won't say yes to a 1.00 per mile load. So the broker can't go any lower on what they offer. Same as you won't see 10.00 per mile loads. Because shippers won't pay it.

 

Your last sentence is the issue, making the rates transparent won't help you or me get paid more from the broker. The only way the broker will pay better is when the customer is getting up their ### about getting their freight moved, and without damage.