“The brokers make too much”

The broker knows how much you made on the load.

But you don't know how much he made.

With transparency the free market will find its balance.

Happy broker happy Carrier

 

But he doesn’t know how much was profit. And frankly it none of your business.

 

Dino you and I have had some great conversations but your off your rocker lately bro. I’m so surprised you’ve gone the big government regulation route. Never struck me as that kinda guy.

 

I'm not sure what you mean by that exactly.

I think it's a great idea to tell the broker what your costs are.

If he thinks you're getting a $1000 for a load and you're making a $1000 when you go over your list of super gigantic colossal expenses maybe the guy would squeeze a few more pennies out of the load.

I'm not sure how you would convey to him what your profit is because there's a 100 ways you could do the load for him and make 0... or less.

 

You wanting to know how much the broker is making off the load, do you think the broker is gonna ask or even cares what the producer is making of the widget? Why should you care what the broker is getting. If you not happy with what your able to negotiate then move on. If you’re unhappy with brokers nobody is stopping you from getting that freight or any other freight direct. It’s none of your business what someone else makes. You do you. If your not happy with it then you change you cause govmt shouldn’t be regulating what anyone makes. Money wise or percentage wise.

 

It's all good buddy. I hope everything is well with you and your family.

I had an older gentleman that I worked for when I was in my twenties that really taught me a lot of great lessons about life.

He would always tell me that you can agree to disagree and everyone can still be friends and respect one another.

You guys have a lot more experience than me and maybe there is something that I am missing.

I enjoy hearing other people's point of view and if there were something that I genuinely would see or learn to change my point of view I would.

On this subjectI am not for government regulation.I agree with you guys the government screws everything up pretty much.

But my point of view is just that if you're going to negotiate with a broker if the rate and the detention and the truck ordered not used was transparent it would be a much better negotiation. And also if double brokering were completely outlawed I think that in and of itself would raise the rates. It's harder to get a good piece of the pie when there's more slices going to other people.

I just think that brokers often take advantage of carriers and I think that they take too much of the detention money and I think that transparency would go a long way. I think that the transparency would just balance out with the free market.

Even if everything was truly transparent there probably are carriers out there that would still work for nothing for whatever reason. Some people are just idiots.

But I think that it's harder for a broker to tell you they can only pay you $500 on a load because that's all they have in it when right in front of you you see that they have $1200 into it let's say. It's more difficult for the broker to tell you they can only pay you $30 an hour. detention when you see that the detention that they're getting is 75 an hour.

It's almost like when you ask the fat kid for one of his candy bars and he says no I don't have anymore and then you open up the freezer door and you say wait a minute you've got a whole entire freezer full of all kinds of candy bars in here. It makes it harder for him to say no because you've got the goods on him.

I'm not for the government setting rates or telling anyone what they can make or not make.

The transparency rule is already there, it just needs to be set forth in a way that the brokers can't have you waive your rights to it. And get rid of double brokering once and for all.

It isn't that you can't negotiate and get the rate that you want, at least in better times. But I just think that a "fair" negotiation would be more reasonable with transparency on both sides.

I have to admit sometimes I like breaking the brokers' cojones so sometimes there's a little joking around in what I say, lol.

Midwest you are on both sides of it and I know that your guys hammer those phones every day to get the best rates. I would only imagine if things were transparent it would be easier for you to get even better rates. That's kind of the whole idea behind my thought process.

If you are against the transparency I'm sure you have a good reason. I am sure you have a lot more to lose than I do when the rates are lower.

You probably said what that reason is somewhere in this thread and I either misunderstood it, missed it, or I just see it differently.

Maybe you can explain it better to me.

Sorry for the long post...

 

We just see it differently. I respect your point of view.

I just think the transaction between broker and Carrier should be transparent.

I'm not sure if it was you but someone said the broker should know how much money the Carrier makes.

That's the whole thing of it the broker does know what the Carrier makes but the Carrier has no idea what the broker makes.

I think the transparency together they would come to better solution. Really and seriously the broker wants to try to dictate what the carrier is making. If the Carrier tries to dictate what the broker is making together they make an agreement and the free market will triumph.

Unless for some reason the broker is trying to take advantage of the Carrier, then I could see why he'd be against transparency.

And get rid of and outlaw double brokering.

I don't think it's hard for us to agree on that part anyway.

 

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Nm

 

Not hating on you, but the free market HAS found its balance and IS in balance. It is NOT broken. The people losing are whining that it is but that dont make it so.

Take a pair of scales, walla.



Plop trucks in the left and loads in the right. The pointer aims at the CORRECT spot rate. Too many trucks for available loads, confuscious say rate go to sheet. The rate MUST be variable to reconcile the constant flux in load to truck ratio.

Capitalism is not broken. It is being perverted in america and people are asking govt to pervert it even more right now to temporarily suit their immediate need. But If you arent golf buddies with a congressman it probably wont be good for you when they do.