okay how much money you brokers make moving loads

Discussion in 'Freight Broker Forum' started by Kenworth6969, Aug 9, 2020.

  1. User666

    User666 Medium Load Member

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    Absolutely. Same here.
     
    bad-luck Thanks this.
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  3. p608

    p608 Road Train Member

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    And look where they are going, right into another cheap lane.
     
    loudtom Thanks this.
  4. DMTLLC

    DMTLLC Light Load Member

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    It doesn't matter what the Broker is making..I myself give them a rate, if they take it good for me, if they don't I move on, simple.
    I'm speaking for the Heavy Equipment part of it.
     
    D.Tibbitt Thanks this.
  5. Dixieb2021

    Dixieb2021 Bobtail Member

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    Ill answer honestly, I only keep 20/25% of the load. The carrier gets the other 75/80%. I do not charge a shipper 1 amount and then turn around and tell carriers it was less than it really was.
    I have seen first hand what carriers lives are like on the road and what they go thru. My husband is a carrier, so i'm out there on the road with him a lot.
     
    REO6205 Thanks this.
  6. drivinhome

    drivinhome Light Load Member

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    IMHO it’s what you’re willing to work for. Having the freedom to charge or get paid a certain rate is what this country was founded on.
    The best way I can see is to haul for the best rate possible. Keeping the rates up is all our responsibility and we should be working together to keep it that way. The big companies always try to control the rates by volume which drives them down. It’s our job (the little guy) to keep them up.
    In times like these everyone should be maximizing their profits as much as possible. I took the last 10 years as a company driver for these reasons after running my own trucks for 17 years. I came from the times that were great for trucking and saw the demise of the O/O. The big corporations invaded the trucking business and all but eliminated the little guy.
    Times are great right now so take full advantage of this because we never know when it could turn around. The average age of the American trucker is 48. That can only be good for our near future.
     
  7. Avrakotos

    Avrakotos Medium Load Member

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    What a broker makes is dependent on several factors...Contracted v. spot freight, load/truck capacity, etc, etc. Ive lost 20,0000 in a week, other times ive made 20,000. Most brokerages pay the brokers between 10% and 50% commission so keep that in mind. I work with a very large produce customer, part of the reason we as brokers exist is because they move 2400 loads a week nationwide, they do not have the ability to coordinate everything and talk to 2200 different trucking companies over that time.
     
  8. Kenworth6969

    Kenworth6969 Road Train Member

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    You all must be making a killing with drivers hauling for cheap these days.
    Who gotten a lambo since I posted this thread?
     
  9. 86scotty

    86scotty Road Train Member

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    I did. My kid got it for me for my birthday. It's a classic Countach. It's Lego though.
     
  10. Midwest Trucker

    Midwest Trucker Road Train Member

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    What have you bought since posting this thread? Everyone who bought a truck got rich but then the broker makes a little money and it’s taboo.
     
    Siinman and BoostedTeg Thank this.
  11. Rideandrepair

    Rideandrepair Road Train Member

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    Are they making lots of money? A little above average maybe? According to one I spoke to last week, he was losing $200, just to please his Customer. Judging by the rate, I couldn’t help laughing out loud. Regardless, I’m always polite, everyone has their “story”. Then there’s reality. I honestly think everything’s getting back to a normal balance. The system as a whole will survive. Truckers are to blame, IMO, always bragging about all the coin they’re making. Always counting on the next load. Considering the high cost of Operating, actual revenue is very little. Not many Businesses are so heavy on investment and overhead for such slim profits.
     
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