TQL credit rating

Discussion in 'Ask An Owner Operator' started by Tug Toy, Feb 22, 2017.

  1. dlstruck

    dlstruck Medium Load Member

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    I've done 2 loads for them and probably won't do another one. The last one was really hot but they wanted to pay $600 on a 250 mile tarp load. The guy kept calling me throughout the day and was getting desperate. He finally said, "man, I promised them I would get it moved today, name your rate". I told him $1300 and he agreed but kept saying that I'm taking advantage of him and just being very rude in general. The money was good for a short trip but it wasn't worth dealing with them. I'd put NO TQL on my truck postings and still get a few calls a day. I finally blocked their number and they pretty much stopped but sometimes they will call from a non TQL number
     
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  3. rollin coal

    rollin coal Road Train Member

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    Funny how they can insult you with a rate that doesn't even cover your time invested and that's perfectly normal and OK. However when you do as he asked and named a price you were being rude.

    Hahahaha! It's a company that profits millions a day and he's whining about losing what to them amounts to chump change on one little load. I remind them of that when they whine.

    Not that they care but it does make them stop whining like a little girl, gather themselves, and get back to business. If the customer is any good they lost... nothing....
     
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  4. dlstruck

    dlstruck Medium Load Member

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    Yeah it got old fast. Most of my calls went like this:

    TQL: Hey we have a load of lumber at 48k that needs 8ft tarps. Seattle to Portland, we have $400 on 175 miles
    Me: No, that's too low for me
    TQL: What do you mean? That's over $2.25 a mile!
    Me: It's not worth my time
    TQL: But it's $2.28 a mile!

    Then he would ask me what I wanted, I would give him some high number and he'd either get pissed or laugh at me.
     
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  5. windchaser7

    windchaser7 Bobtail Member

    It would be in your best interest to avoid TQL at this point. To continue to pull loads for them is equal to tossing dice for payment. A "C" rating can mean 1 of 3 possibilities: 1. Substantial risks 2. Extremely speculative 3. Default imminent, none of which is a positive sign. If true, TQL is one step from full default.
    Start looking for another Broker.
     
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  6. Tug Toy

    Tug Toy Road Train Member

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    That's kinda what I'm getting at? They must not be paying someone?
     
  7. Tug Toy

    Tug Toy Road Train Member

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    That's what I was thinking? That's a whole bunch of freight that will be available. And they are going to start having a hard time covering there stuff.

    My question was more a fact of weather or not it was true? I can't look on the board at the moment to verify.
     
  8. TallJoe

    TallJoe Road Train Member

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    TOP FREIGHT BROKERAGE FIRMS
    Rank Company Net Revenue (millions)
    1 C.H. Robinson $1,718.3
    2 Total Quality Logistics $445.6
    3 XPO Logistics Inc. $342
    4 Echo Global Logistics $290.3

    Too big or not too big to fail?
     
  9. rollin coal

    rollin coal Road Train Member

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    What is their credit rating? Is that a credit report? Something different than the attachment below? According to DAT they are still rated at 100 and 31 days to pay.
     

    Attached Files:

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  10. TallJoe

    TallJoe Road Train Member

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    Maybe the pay carriers all right, but don't pay to their creditors as good.
     
  11. Oscar the KW

    Oscar the KW Going Tarpless

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    ITS uses letters, A being the best.
     
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