Trying To Become a Broker, got some questions.

Discussion in 'Ask An Owner Operator' started by MichBroker, Jul 31, 2007.

  1. MichBroker

    MichBroker Bobtail Member

    2
    0
    Jul 31, 2007
    Blissfiel, Michigan
    0
    Hey guys, just joined this forum, first post. I Have a few questions I would like to put to a few good heads that have got some experience. Best case scenario would be to build a good repertoire and possibly find a few more good drivers to take on some of the loads Ive got available. Here is my situation, I have all of the resources I need as far as an outsider lookin in is concerned (i.e. I have routes that need to be driven, and a couple of drivers I am looking at as considerations for these routes.) My problem is this, I HAVE NO EXPERIENCE. I am however intelligent, trustworthy, and creative. I believe I can make this whole thing work, but not without some help. So my questions to you are these for starters.

    • I want to pay a fair wage, which I believe would be above average. Can anyone tell me an accurate range per mile that a driver would make, starting out, that owns his/her own truck? On top of the per mile, are there other incidentals that I should be responsible for (i.e. hotels, meals, gas, insurance, etc?)
    • In order to arrange shipments between clients and drivers, what licensing if any am I required to have? Here I am talking about shipping only freight that can fit on palletes, in bundles, or on a flatbed.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Twocycle

    Twocycle <strong>Road Apple</strong>

    Hi Mich, I can't move my truck for less than $2 a loaded mile. To make a profit I can usually negotiate a better than that rate. My truck and trailer are paid for so I could haul for less but I just will not haul cheap freight.

    Most brokers look hard for guys that will. If they can't find anyone to move their their loads then they will up the rate till someone will. It's academic, pay good and you will attract good operators that will take care of you and your freight. If you start crapping on your operators then they'll leave you high and dry and it won't be long till you'll be just another load board.

    You'll need to be bonded for the loads you broker plus licensed. Get your license, not CDL, and get your bond and have at it!

    You have no obligation to pay anything other than the freight rate you quote for the load. Expenses are the o/o's and I figure them into the rate.

    So, hope this answers some of your questions. When you get started, I'll try a load for you, maybe it'll work.
     
  4. greasyfatso

    greasyfatso Bobtail Member

    1
    0
    Jul 31, 2007
    cleveland, oh
    0
    How much would you pay per mile for a car hauler or a 8000 lb straight truck?
     
  5. MichBroker

    MichBroker Bobtail Member

    2
    0
    Jul 31, 2007
    Blissfiel, Michigan
    0
    Thanks a lot two, I appreciate someone taking the time out to give me a hand. So offering about 2.25-2.40 would pretty much get a bite from anyone? (all readers, this is not an offer I am making right now, I am speaking in hypotheticals.) Also does driving unloaded cost the broker anything, or would that be only if you had a pickup some kind of distance away from your point of origin? As far as you tryin a load with me, as soon as im up n runnin I will be sure to let you know.
     
  6. broncrider

    broncrider Road Train Member

    $2.00 a mile? i want some of that frieght
    my minimum is $1.15 a mile, but thats no profit at all an no room for the unexpected
    figure in the fuel, tolls and into your rate
    most brokers i look at dont do a mileage rate, but a flat rate that includes all, but then again i rarely hafta look at brokers unless im goin after an ltl
     
  7. Twocycle

    Twocycle <strong>Road Apple</strong>

    Mich, It depends on the commodity your loading what the rate should be. A machine, like a track hoe or dozer is very valuble so the rate is pretty high. I've seen some specialized freight go as high as $30 a mile. Sometimes the o/o has to hire escorts and buy permits so the expenses are higher.

    Generally, the more knowledge and expertise and special equipment required to move the load the more it will pay. Weight of the load does not always have an effect on the rate. Some of the best paying loads I have ever moved were very light, less than 25k.

    Yes, if your load is located some distance away from the truck you might have to offer the o/o some deadhead money since the truck is still burning fuel running empty. One other thing you may want to consider. Try to get the money for the load into the carriers pocket as quick as you can after the load is delivered and you have a copy of the signed bill. It makes the carrier have one less problem to deal with and that is cash flow.
     
  8. Pur48Ted

    Pur48Ted Road Train Member

    3,643
    5,981
    Jun 14, 2006
    Grand Rapids, MI
    0
    MichBroker, You are welcome to ask questions here, but please keep in mind that if you wish to advertise or solicit in this forum, you MUST contact WiseOne (Forum Owner) FIRST.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.