I have been doing some research into becoming a broker since I already have my authority. I mean why should these guys make 30 or 40 maybe even 50% of the load to just sit in an office and contact transporters. The way I figure it instead of spending time day in and day out hunting for loads and scrounging around for the scarce good paying ones when I can get my license as a broker and keep all the money. Has anyone else thought of this or is currently doing this? I would be curious to see how it's going and whether you think it's a profitable way to go.
Thanks Guys have a great evening
Thinking about becoming a broker too
Discussion in 'Expediter and Hot Shot Trucking Forum' started by Ryan S2016, Oct 19, 2016.
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
In other words, don't be another cheap broker trying to get rich off of one load. Less is moreRyan S2016 Thanks this. -
I don't have all the info on the broker license yet it's still in the research and questioning stage but it's something I thought about the other week when I was listening to the radio and a guy was on Road Dog Radio on Sirrus and he said he went for it and it's panned out pretty well. My biggest hesitation with it is actually part of your reply, locating good contracts and being a good paying broker not stiffing the carrier to make a huge profit. That may be the name of the game but as a fellow driver and O/O it just doesn't seem right. -
Why not sell yourself and your trucking / hauling services directly to shippers and bypass the broker? To make it as a broker you would need to be able to do that first.
While I have no idea of your financial situation it would either take a good amount of credit or a decent size bank account to pay the truckers that you do get to haul the loads. Keep in mind the shippers aren't going to pay you for 30-60 days and occasionally you will have one not pay you at all. In that case you are still responsible for paying the trucking company that hauled said load and by the time you figure out the shipper isn't paying, you will certainly have paid the truck.
Would you jump out of your truck and put a driver in it so that you can make 100 phone calls a day and still financially be able to swing it. Meaning the revenue from the brokerage will offset the revenue you are now paying the driver?
Personally I think it would be an uphill battle to go the route you are thinking...or I would start off as an agent of a broker and see how that works first before jumping in the deep end of the pool.Lite bug and Ryan S2016 Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.