Disclosure?

Discussion in 'Freight Broker Forum' started by tator1960, Jan 25, 2014.

  1. misterG

    misterG Road Train Member

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    So, tator. Are you saying that the broker has nothing invested?
    Becasue they certainly do.
    They have time and credibility invested.
    They take the risk that your going to bail with the freight, and fail to deliver.
    They are risking their own money to pay you, with the understanding that the shipper will pay them.
    You're far from the only one with anything at risk in these transactions.

    The price paid to the truck is what you need to concentrate on. Can you make that rate work, for that load. If not, skip the load. Find another one....that better matches your needs.
     
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  3. trees

    trees Road Train Member

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    What is fair? Who determines what fairness is? An impartial judge determines fairness, based upon factors such as percentage of burden in completing the task, and percentage of costs associated with that task.....

    Fairness either exists or it doesn't, we can best understand what fairness is by understanding our desire for justice when an injustice has been committed. Justification is what someone accused of an injustice attempts to employ, as a means to avoid the charge. To think that a broker has as much skin in the game as the guy who financed, fuels, maintains, and operates the equipment is ridiculous, although they, the brokers do feel entitled to as much of the shipping revenue as they can get....

    This is an interesting read, http://en.wikipedia.org/wiki/The_Jungle

    The free market capitalists in Sinclair's story felt justified in how they treated their laborers, as no one is entitled to a job, and the employers were simply paying what the market would bear....

    We have child labor laws, (a regulation), for a reason.

    To think that a pure, free market system is the ideal, is to be naive to what happens when someone is allowed to do as they please, unrestrained, in business....

    There is a reason for the disclosure regulation, if those who dislike it, disagree....it's because they like taking your money....it's like committing robbery without using a gun.

    Number 1 rule in this business, get the rate confirmation. You are entitled to know what the load is actually paying....

    And as far as .90 cpm plus fuel surcharge......

    It's laughable.

    Might as well go sign a lease purchase agreement with CR....
     
    Last edited: Jan 29, 2014
  4. tator1960

    tator1960 Light Load Member

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    Really so where is Their big investment that I don't already have? As for their risk as a broker no the FMCSA limits their risk. The risk the shipper will pay Them? Really! What kind of people do they do business with?
    I have been on both sides of the broker fence and I'm telling you if they are charging much over 5% they are robbing you. If you are paying them 10% their rates should be in the 4 dollar a mile range. Yep that's right the 4 dollar a mile range. My current rate this week is 3.80 on a 50,000lbs. gross weight. Want add more weight it prorates up.
     
  5. spyder7723

    spyder7723 Road Train Member

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    Jesus Maj if you hate brokers so much then stop using them. It's that freaking simple.
     
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  6. misterG

    misterG Road Train Member

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    You know what tator. You're right. We should limit the income of hard working Americans.
    We should let a disinterested BUREAUCRAT decide how much another person should be allowed to make in their own business. Since YOU, don't like what they make.

    Because they don't have the same investment you do.

    Do you see the failure of logic here, TATOR?
     
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  7. sjmay

    sjmay Light Load Member

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    Why stop at brokers?

    Carry this through to the logical conclusion,

    Limit what trucks can make as well, brokers can only make 5%, trucks can only make 10%, ready, set....go.

    Why stop there, let's limit what the shippers can charge, and keep on going....

    Really people?
     
  8. rollin coal

    rollin coal Road Train Member

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    You guys misunderstood my previous post. I suggest if you feel you're not treated fairly then maybe you aren't cut out for the free market game and would be much better off working at a big company where everyone gets the same "fair" treatment of 95 cents plus surcharge.
     
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  9. trees

    trees Road Train Member

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    Ok, I can agree with that sentiment. It is really easy to be misunderstood. I like the free market system, as I've said before... it is much better than it's alternative. I make good money out here now, did I always? No, but I figured it out and do pretty well these days, I think so, anyway.

    I see the broker boards differently now. I once made my living off of them exclusively, now I use them to reduce deadheading. If you're living off of the boards it's really easy to take a disliking to the brokers who post up on them daily with their cheap freight.....

    Networking and connections is how you get off the boards and onto the good stuff...

    I stumbled onto the good stuff by chance, as every now and then something really good does get posted by someone who needs a truck and doesn't have any other option. The good brokers are happy to make 15 to 25 percent, if you're good at what you do.....they don't mind sharing. Dealing with them is relaxed and friendly, and they will open doors for you.....

    My advice to those who are struggling on the boards with the TQL' s of the world is this, be aware that there are better brokers out here, guys who treat you fairly and value your services. Be on the lookout for them and get in with them. They are the key to success.

    You can make a decent living off of the boards, but you'll work really hard in doing so... make some connections and everything will fall into place.

    I wish everyone luck.
     
  10. gearjamn

    gearjamn Bobtail Member

    10% is the rule of thumb. Which I can live with. But they should disclose what the load is paying. Brokers many of them think they should make more than the truck. They do not get the concept of all they do is fill out paper work,( which most do poorly or wrong ). They do not have to live with , baby sit, drive the load , pay for the repairs , maintenance , and don't have any clue about the cost associated with a truck in fees , permits IFTA , and other taxes , the list goes on and on, we also deal with the shippers and receivers on a different level than they do. But yet most make MORE than we do after our costs are all in. Posting the load , taking calls , filling out the confirmation or broker , carrier packet , getting a call every day as a check call allows them to make money on many loads at the same time while going home to sleep in a warm bed with a nice home cooked meal. If they have a office they have - rent , internet , Pc , Load board fees which can get a little costly with multiple load boards and a brokers surety bond which has just went up. But this was due to crooked brokers again stealing money from truckers. again though I am not saying all brokers are dishonest. I have and deal with many very honest brokers. But they are far and few in between and now that the broker bond is higher and many brokers fall by the wayside look for a consortium on pricing fewer brokers but more powerful brokers that can band together to keep freight prices low. usually the little brokers the good ones pay better
     
  11. 281ric

    281ric Road Train Member

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    if a broker offers me a load at 1.10 a mile and can prove to me hes taking as little as 5% , that does not mean I would accept the run or make me happy.

    if a broker offers me a load at $3.00 a mile or what I think is a good rate and when I ask him what his take is , his reply is " none of your biz" , Id still take the load.

    Now I will admit theres been times when I quote high and the brokers agrees to my rate and Im left wondering " Man I wonder how much money they had in it or how desperate they were to move it , maybe I could of got more"

    Im not an advocate for brokers , but there are some very fair brokers out there. Theres probably more boneheads and thieves but theres fair ones & they have to make a living also.
     
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