Hello, im new here and have a question about my broker. I haul livestock and my broker rarely tells me the rate before hand...he also owns the trailer im pulling...what should i expect him to tell me before considering loads
Brokers and slot of companies drivers lease to are shady. Sounds like you must be getting paid percentage. I had the same problem once. A little test is during a conversation weather it text or voice, ask the for a copy of there rate confirmation, then set back and wait. If all of a sudden they quit replying and 15-30 minutes later you get a picture of it, my theory is the extra time it took them to send it, gave them plenty of time to do the old copy machine trick and fudge the rate on the sheet before they sent it. For my question was if I'm getting 85% how am I supposed to know what that adds up to if I don't know the original rate? But warning, your going to ruffle some feathers! But I didn't care. There's a reason there keeping it a secret was my thoughts.
Are you happy with your settlement checks? Are you getting paid as well as others hauling cattle less trailer fee? I do not have a set pay % that I know of with the company I am leased to and do not care what it is or how they come up with it, what I care about is what my bottom line is compared to others doing the same thing. They have never let me down yet.
I have never worried about how much a broker is making as long as he pays me what I want, who cares. Now on the same point, when he agrees to pay me, it is a no brainer that he is probably not making a killing off of me.
I used to haul livestock sometimes a rate isn't known and I never saw a rate con, just seems not the way business is done in that segment as a lot is conducted on their word. That being said, if they won't ever tell you if it's paying flat rate, cwt, or whatever, then there's likely some ####ery.