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What do you do if a shipper does not pay out?

Discussion in 'Freight Broker Forum' started by FlashBolt, Jul 19, 2017.

  1. Jul 19, 2017 #1
    FlashBolt

    FlashBolt Bobtail Member

    31
    5
    Jun 26, 2017
    0
    Hey everyone i want to know what steps you can take when a shipper does not pay you out on the agreed payment terms. So I have a shipper who has a 30 day term and has not payed out yet, so i wanted to know what i can do to get compensated? Do i go to my bond and get the money or how does that work?
     
    FlashBolt, Jul 19, 2017
    FlashBolt, Jul 19, 2017
    #1
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  3. Jul 19, 2017 #2
    Wallyjr

    Wallyjr Light Load Member

    165
    147
    Mar 27, 2017
    0
    You get a couple guys with funny noses to go break his legs!!!!!
     
    Wallyjr, Jul 19, 2017
    Wallyjr, Jul 19, 2017
    #2
    Tanker312 and CrappieJunkie Thank this.
  4. Jul 19, 2017 #3
    boredsocial

    boredsocial Road Train Member

    1,591
    2,493
    Apr 13, 2014
    Louisville, KY
    0
    Yeah... welcome to the world of B2B collections. How is their credit and what are they telling you?
     
    boredsocial, Jul 19, 2017
    boredsocial, Jul 19, 2017
    #3
  5. Jul 19, 2017 #4
    LoJackDatHo

    LoJackDatHo Medium Load Member

    446
    752
    Jan 26, 2017
    0
    The last I knew, if you was an OOIDA member, they will be your collection agent and whatever they recover, you keep 100% of. That may have changed, but I know when I had a problem with a broker on a load, OOIDA stepped in, no charge, and made things right. I know OOIDA is not everyone's favorite organization, but they have always done right by me. And for a tax deductible $30-50 per year membership fee, I figure why not.

    Or hire your own collection agent for a fee.
     
    LoJackDatHo, Jul 19, 2017
    LoJackDatHo, Jul 19, 2017
    #4
    rollin coal and CrappieJunkie Thank this.
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