“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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    First, I’ve never used a broker. Since I’ve owned trucks I’ve done livestock or food and feed grade dry bulk. The way I see it, the agreement on the rate is between the truck/company owner and the broker. It has nothing to do with the agreement between the shipper and the broker. Those are two separate transactions and are independent of each other.

    So today I find myself in a discussion on social media because about whether “the government” should regulate how much brokers can profit or not. It blows my mind that business owners are actually in favor of the government saying how much another business can profit. I don’t want them doing that for my business, so I can’t imagine wanting them to do it for others. If you can’t agree on a rate with the broker then move on, or am I thinking too simply with that concept?
     
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  3. mover man

    mover man Road Train Member

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    Yes and no I can make a argument either way.
     
  4. singlescrewshaker

    singlescrewshaker Road Train Member

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    No, I think your point is valid for the most part.. I've parked it since the 9th, & am going crazy already. Open deck seems to have taken the biggest nosedive next to oilfield..

    But they are certainly being greedier sacks of ####s then normal..

    And the usual rate cutters out there have driven the rates into oblivion. Its partially our own fault, so to speak for those fools agreeing to keep taking the same load as the week before for less & less till it's an unlivable wage..

    But, the broker is also a bit of a prick for constantly lowering the rate.. If I'm happy at $2.60 mile, I'm not going to call my shipper each week to say I need 10cents more ever week.. Why ruin a good thing.? Well because I'm not a scumbag broker..
     
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  5. BackwoodsGA

    BackwoodsGA Road Train Member

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    I've got a friend in Ga that was a high dollar stripper that gave that up to get into brokering cause she makes more in 3 days as a broker than she did in 7 as a stripper.She was pulling in $2000.00 a week as a stripper.Go figure.
     
  6. Long FLD

    Long FLD Road Train Member

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    I don’t want an argument. But please say why you think regulating profits would be a good thing? If it’s good enough for brokers then what’s to stop them from regulating profits for everyone? What if we as owners were only allowed say 20 cents profit over our cost of operation?
     
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  7. Cinderella Man

    Cinderella Man Bobtail Member

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    The problem i see that needs to be axed. Is brokers dumping loads off to another broker and this goes on until there is 4 brokers eating off the same load before it hits the street for a driver.
     
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  8. BackwoodsGA

    BackwoodsGA Road Train Member

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    I dealt with B-Right outta Savannah back in the 90s.They scalped me.Never again.
     
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  9. Rubber duck kw

    Rubber duck kw Road Train Member

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    You run into the same government overreach issue there as you do with limiting what a broker is allowed for profit.
     
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  10. mover man

    mover man Road Train Member

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    I didnt mean argument per say, should have said debate either side.
    The main problem I see with your question is, the way you worded it.
    Regulating profit means no matter what you can only earn so much. (Ex $60 per load regardless of what its paying)
    The other means only a certain percentage. So do a better job selling at higher rate and earn more.
     
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  11. singlescrewshaker

    singlescrewshaker Road Train Member

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    Isn't this already the illegal practice know as double brokering..?
     
  12. 77fib77

    77fib77 Road Train Member

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