Disclosure?

Great idea, lets also mandate trucks can only have a 3% margin.

Seriously whats wrong with a broker making money? If im not hapy with there rates I dont use them.

Do a good job, work with a couple of people that pay fair rates, and dont stress what they make.

 

If the dimes ain't going in their pockets, the pennies ain't going in yours.

 

49 CFR section 371.7
Record keeping requirements
§ 371.7
"(4) The amount of compensation re-
ceived by the broker for the brokerage
service performed and the name of the
payer;
(5) A description of any non-broker-
age service performed in connection
with each shipment or other activity,
the amount of compensation received
for the service, and the name of the
payer; and
(6) The amount of any freight charges
collected by the broker and the date of
payment to the carrier.
(b) Brokers shall keep the records re-
quired by this section for a period of
three years.
(c) Each party to a brokered trans-
action has the right to review the
record of the transaction required to be
kept by these rules."

Read sub-section (5) (c). It's already in the regulations.

http://www.gpo.gov/fdsys/pkg/CFR-2009-title49-vol5/pdf/CFR-2009-title49-vol5-sec371-3.pdf

 

If you buy a box fan from walmart for $12.99 do you feel its a good deal? Would you feel the same way if you were to find out it cost them $3.78? I think $12.99 is a reasonable price, how much they make on it isn't relevant if the price is palatable.
Whether a broker or direct shipper: they are offering to pay for your service. You can accept an offer you feel is fair or refuse an offer you don't feel is fair. If someone has nothing to offer you but cheap freight: they have nothing to offer you at all as a business owner. If you feel that someone you are doing business with is taking advantage of you financially, have that conversation with them. Or stop doing business with them.
Thats my two cents

 

If you need the government telling you how to run a business, then you have no business running one.

 

I think it doesn't matter much BUT disclosure that should be important is the one for brokers who handle loads that they didn't generate directly (like those loads they scrapped off another load board) but still offer them as if they represent the customer.

 

Aren't brokers people too, people that were to slimy, dishonest, or stupid to be made elected officials?