Brokers are Making A Killing on these loads! (screen shots)

Just so you know I don’t BS….. I took 43% off this one but $7300 was still a SMOKING rate for a Canadian only carrier wanting to go home. 1400 miles

 

The 4 you just posted are as bottom of the barrel brokers as you can get.

 

It may be time to sell the truck and become a broker.

Why keep fighting against countless other trucks willing to haul cheap freight.

 

They are in business somehow so someone is hauling that cheap freight.

 

I don't know about that.

If there are five loads that are $2,000 each then that means $200 is made on each one. So five of them during the week is $1,000.

If they can move it at that posted rate on that one load they made $850. And if they can move other loads and find other suckers instead of making $1,000 a week they're going to make 4 or $5,000 +.

Then when you multiply that over all of the other brokers and all of the other loads you can understand why big brokerages are in giant colossal buildings with hundreds of people working for them just making them money making them money making them money. It's a friggin money mill.

Sadly, it's built on the backs of guys working really hard with thin profit margins with regulations out the Wazoo and hands out taking your money at every turn of the bend...

 

Easy to say what "IF" you easily move loads to the Northeast for barely above $2 a mile but how often can that happen? Especially when other loads are posted for more

Let me post my truck with comments saying "will only go to the Northeast for $9+ a mile and $5000+ minimum revenue" and see how calls I get. I can dream too right lol

 

Regulations out the wazoo…..Lol….It’s far too easy to jump into this industry. If the barrier to entry were a little higher we wouldn’t be seeing MC numbers nearing 2xxxxxx or DOT numbers nearing 4xxxxxx and we’d probably all be a little better off.

 

I just want to clarify, I’ve ONLY brokered loads I’ve personally hauled with my own trucks.

Once they know I can put my trucks on the load, they trust me to pick trusted carriers to haul it on my behalf.

Out of 80% of the carriers I’ve used to haul my brokered freight at least 60% of them have helped me with local work in North Dakota. It’s nice they can call me in town and I can use them on some local flatbed work that I have.

 

And according to a report from OOIDA this week. This is exactly why rates have plunged when there is plenty of freight out there. Guys have went out and bought trucks and are now helping brokers everywhere get paid big percentages. It’s going to be very interesting after Christmas. I run flatbed and about two months ago I was seeing 20+ post a day looking for flatbeds. Guys were literally giving 25,000+ for 08 models. Now that the purge is beginning. Guys that have over payed for equipment and leased on to carriers at 25-35% are about to be in a bind……