Who is getting all this extra money for shipping into Canada?

So you think it's ok for brokers to be making upwards of 50 percent of loads and even double and triple brokering to skim more off the top ? Especially when they don't have fluctuating overhead like trucks

 

Its business!! The point is to make what you can regardless of where you are in the chain. Doesn't matter to me if the broker makes 50%, 20%, 10% or -10%, if the load meets or exceeds my requirements I except the load if it does not it dont go in my trailer.
I noticed that you didn't answer any of my questions so I am guessing you don't want to be regulated by the same rules you want load brokers to be.

 

The information is available. Most load boards have some type of market update either with tools available like truck to load ratio or 15 30 and 90 day avg for lanes or through weekly or monthly market update blogs or news letters.
Transparency goes both the ways, if brokers have to disclose their profit on a load we would have to disclose our cost.
Their profit is none of my business and mine is none of theirs.
If you don't like the rate being offered don't haul the load. If they won't come up to my rate then they can take a chance with who ever will haul it for their rate.

 

Being uninformed is a choice.
Perhaps the regulation should be anyone starting a business has to have a degree in business or some formal business training.

 

Used to be some brokers would check authorities and poor performance in safety would be a no go.. if brokers who use these poor performing companies had some responsibility when they kill or injure people on the road I’d bet the fly by nights up here in Canada would disappear therefore improving rates. Wild Wild West is a great description btw.

 

Transparency would be a Start.

Last company I worked with I was contacted for percentages loads. I know for a fact they skimmed 3000 dollars of the top of the rate, gave me the rate amd the took there percentage off. In my contract it says I get ## percent of what the load pays, not what you think it should pay.how is that in any way shape or form right and even justified?

Alot of the problem is these people only see the rates and think it's to much for a trucker to make, yet they do see the over head. Anytime e a truck goes in the shop it's minimum 1000 bucks of your lucky.

 

That is totally different then regulating load brokers. That is a unscrupulous shady lying carrier that is breaching the contract they have with you if that is what they are doing. Regulating what % load brokers can take isn't going to make liars and scammers honest. And asking the government to fix something is going to have unwanted consequences.

 

Sad part is you talk to drivers it seems to be happening more and more and we ask now it.