Truck Load Rates Halt 8 Week Slide 2.0

Every broker that you will ever work for you have signed your rights away in the agreement.

Yes you can get a lawyer and you can take them to court and you can try to find the information, but Not only will that cost you a small fortune but you will never work for them again. No they will not voluntarily agree to that and then be your friend afterward.

If you were to do something like that it would be out of principle not practicality, and it's certainly not something you could do over and over again With different brokers.

There is a reason that you sign your rights away and there is the reason they do not want you to know what the rate is.

In 2018 the CEO of CHR made 8.6 million dollars. That is just the CEO not the company profit. And I'm sure there are many other brokerages that are the same.

You guys are funny with not wanting transparency. Let's assume for the sake of round numbers an owner operator makes a $100,000 a year.

Imagine if there was true transparency that the average owner operator could actually make $200,000 a year. Or more.

Even if it raised it to $150,000 a year or $180,000 a year, wouldn't that make you think twice?

Nah, The owner operators out there struggling with insurance and fuel and the cost of repairs and shlepping from here to there, they don't need that money. The rates are only where they were 30 years ago...

The brokerage is who needs that money. How dare the CEO make less than 10 million a year?

Keeping everything hidden works really well for the owner operator... smh...

It's a great idea to let the Fox run the hen house with no transparency.

What could go wrong?

 

How are they going to guarantee transparency? A national database like the clearinghouse... yeah that’s working out well.

 

If every operator made that much money, there would be so many operators that all you would see is how transparent it is that the rates are making you go broke. Oh, so make a minimum rate per mile you say? Ok, now that’s the most you will ever make. No thanks. I have no interest in being average.

85% of a #### rate is still a #### rate.

 

dont matter if they “could” make more.
Just read comments on this forum: most OO have no business in business. They’re just a guy with a truck, one minor mishap from losing it.
“I won’t go to xxxxxxx”
“I won’t haul xxxxxx”
“I won’t
“I won’t
“I won’t


Won’t ever develop effective relationships and be viewed as a problem solver either.
Won’t ever be head n shoulders above the chaff.
Won’t ever be an effective motor carrier.



if brokers had to disclose on every move what the price they charged was, rates would get cut by every “guy with a truck” back soliciting that has no idea how to be an effective salesperson.
No money in it for brokers means brokers change careers and do something else. Now there’s no brokered loads to/back/wherever
How many guys you see on here that actually have a customer base of shippers/receivers without middlemen?

so, now brokers can’t make money and leave that business- how effective is every Tom dick and harry gonna be dropping off a load and calling up/emailing every shipper within 10/25/50/150/250 miles looking for work?
“Oh they’d just post on load boards”
Shippers can do that now. Most don’t because they don’t want to employ someone full time to sort thru every possible carrier that calls. The ones that do post direct to load boards: have full time employees who’s job is to chisel every person that calls wanting a load. Look around. They’re obvious. Know who they hire to work those chiseler jobs posting load board freight for direct shippers? People that used to shiest carriers when they were brokers. They know all the tricks.

Most people driving trucks are not willing or able to convey themselves as worthwhile business partners to those shippers and receivers.


This is real talk, not what if’s.



bottom line is as a carrier you don’t need brokers. The fact that someone is using brokers, exclusively, while trying to not pay them for what they’re bringing to the table.......

If y’all mad at brokers for the rates you get: don’t use them. Get that freight without them and keep “all” the money.

 

EXCELLENT post!

 

$200k for o/o? Every company driver would quit and go get a truck. The similar thing happened in 2018. I personally know 4 guys who bought their own trucks when rates were high and they absolutely shouldn't have done it. Heck they don't even speak fluent English or have basic business skills, they are a prime examples of "typical stupid truck drivers" . They were drivers at my buddy's company and I got to watch them for years.
And how many more were there?
Just YouTube bloggers alone probably convinced thousands of people to jump into this business.
Hell no, there shouldn't be guaranteed rate for trucks

 

Boom. Ruthless micdrop.

I will echo what dune-t said. Making it transparent that there is money in trucking is exactly what got us this mess. Everyone buys a truck then says now what?

Like yo dawg, i went to Loan Mountain [pun intended] and now im bout to sign on for that dart advantage and drive like a boss. $dolla a mile baby 4k miles a week!

While im on the subject, 63 mph isnt driving like a boss. Its driving like the boss is in the passenger seat.


It is transparent to all americans that politicians are crooks. That bankers got bailed out. That the welfare class is living better than the working class. Has it solved anything?

No. Cant beat em join em is what it has actually created. Make broker cuts transparent and youll get a flood of new brokers soliciting every business address in america with a promise of cheap volvos lined up in the driveway, awaiting a load.

You think getting into trucking is too cheap.. All u need is a bond and MC to broker. You wont be able to sort DAT fast enough to call in time once theres 500 new brokers in your region pushing the same lumber.

 

I blame this forum as well. Even if freight was $3/mi. If we all said it’s still $1 mile it would at least slow things down. I don’t know exactly how much traffic this site gets but I bet it’s pretty massive. For every poster there is probably 100 readers.

 

We need to think more like the fuel terminal lady.

"Yeah we're still reeling from that one deep sea well explosion 8 years ago." [At $11/barrel but $2.50 pump price.