Truckers Report Jobs

Find Trucking Jobs

Company Driver Company Driver Dry Van Dry Van Flatbed Flatbed Refrigerated Refrigerated Specialized Specialized Owner Operator Owner Operator
More Trucking Job Searches ⌄ Fewer Trucking Job Searches
⌃

Broker percentage question

Discussion in 'Questions From New Drivers' started by acruz, May 2, 2018.

  1. May 2, 2018 #1
    acruz

    acruz Bobtail Member

    13
    0
    May 2, 2018
    0
    Hello,

    What is the rate that a broker usually charges per load? I have a broker that is charging me 17% per load, this covers the loads and trailer rental. Does this seem fair? or is he charging me too much? He is also insuring me through his insurance but it is $1,800( I will pay $1800 three monthly payments but I will be covered for 5 months so it would equal out to be $1080 a month). This seems excissive to me, especially when I have 5 yeards of driving experience.
     
    acruz, May 2, 2018
    acruz, May 2, 2018
    #1
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. May 2, 2018 #2
    RedRover

    RedRover Road Train Member

    1,794
    2,616
    Sep 10, 2016
    Corsicana, TX
    0
    Are you under your own authority? If not, you shouldn’t be paying 1000 a month for insurance. As for the percentage the broker gets, don’t worry what they get. Sorry about what you need to make to break even and what you need to make to make the living you deserve. Are you hauling vans? I wouldn’t turn the key for less than 1200 per day if I’ve got my own trailer under my own authority hauling vans. Power only... maybe a bit less.
     
    RedRover, May 2, 2018
    RedRover, May 2, 2018
    #2
    7seriestv Thanks this.
  4. May 2, 2018 #3
    acruz

    acruz Bobtail Member

    13
    0
    May 2, 2018
    0
    No, I'm not under my own authority. Yes,, im hauling vans. when you say you wouldn't move the truck for 1200 a day is this before or after expenses. Trying to learn as much as possible
     
    acruz, May 2, 2018
    acruz, May 2, 2018
    #3
  5. May 2, 2018 #4
    DUNE-T

    DUNE-T Road Train Member

    7,014
    17,069
    May 10, 2015
    Detroit, MI
    0
    I am very confused on the setup you have. Are you leased to a carrier with broker authority? Who's DOT number do you have on your truck?
     
    DUNE-T, May 2, 2018
    DUNE-T, May 2, 2018
    #4
  7. May 2, 2018 #5
    acruz

    acruz Bobtail Member

    13
    0
    May 2, 2018
    0
    I apparently have a lot to learn. I'm leasing to someone ( I believe this is the dispatcher), that is the DOT number that I have on my truck and his company name is also my truck.
     
    acruz, May 2, 2018
    acruz, May 2, 2018
    #5
  8. May 2, 2018 #6
    RedRover

    RedRover Road Train Member

    1,794
    2,616
    Sep 10, 2016
    Corsicana, TX
    0
    What are your weekly fixed costs... that is, everything that stays the same week to week, whereas things like fuel are variable...
     
    RedRover, May 2, 2018
    RedRover, May 2, 2018
    #6
  9. May 6, 2018 #7
    7seriestv

    7seriestv Light Load Member

    230
    144
    Jan 28, 2016
    0
    You are paying way too much for insurance. Even if you have a brand new truck lease on you shouldn't be paying that much
     
    7seriestv, May 6, 2018
    7seriestv, May 6, 2018
    #7
  10. May 6, 2018 #8
    Numb

    Numb Crusty Curmudgeon

    4,231
    9,927
    Jan 30, 2012
    Charlotte, N.Carolina
    0
    you should be asking this in the "Owner/operator" section, not the new guy section.
     
    Numb, May 6, 2018
    Numb, May 6, 2018
    #8
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.