Are load board prices after or before broker fees?
Discussion in 'Freight Broker Forum' started by PE_T, Jul 12, 2017.
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To you, they all ready took their "fair" share. Lol
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If there are broker fees, such as quick pay or advance fees, it is deducted from that amount.
86scotty, Another Canadian driver, PE_T and 1 other person Thank this. -
No, that comes out after you submit clean bills.Another Canadian driver and PE_T Thank this.
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That's what you get after the broker takes their share. And FYI, that's just a suggestion, I rarely move the load at their posted rate. They post what they think they can move the loads at and adjust from there. In my area, if a load is posted for $500, I can usually get $600-700 for it. $1000 loads I can usually get for $1200-$1500. Obviously this doesn't happen every time and it depends on the market and how desperate the broker is to get it moved. My best increase was going from $4000 to $6500 on an 1800 mile load. It weighed a little over 50k so I knew the broker's options were very limited. I talked to him throughout the day and he was sure he could move it at 4k but didn't find anyone else so he gave it to me for $6500 at the end.
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If you are using a broker company, then the load board is before the feeAnother Canadian driver Thanks this.
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I have a contract driver griping about the broker fee deduction and threatening to take us to small claims court. Can he win? We charge all contract drivers the same fee and he is no exception to the rule.
KB3MMX, D.Tibbitt and Another Canadian driver Thank this. -
No, the broker fee is applied after the load is done and the company has been invoiced. The BF will then apply to your invoice for the work doneAnother Canadian driver Thanks this.
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Is it anywhere in the contract you have with the driver?
If so you'll win, if not probably not. -
What’s a broker fee? I thought brokers make their money by booking a load for X amount and then finding a truck to move it for Y amount and they keep what’s between the two amounts?
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