Agent compensation

60-80% of net.

 

I always thought it 95%. LOL

 

Depends on your contract with the company you are contracted with. Anywhere from 50-70% of the gross profit on the load.

 

I think op was asking how much broker makes. LS claims 20% on broker stuff but my findings have been 23% to 80% but I was told it's split between ls and agent.

 

Without stepping on LSAgent OZR's toes, I'm certain that the other 30% goes to the brokerage firm as he stated it as a percentage of gross profit and not gross.

 

The current contract is setup the following way to the best of my knowledge. It's been a while since we signed one.

BCO (our O/O division) - Agent gets 7% of 98% of the linehaul as commission for booking the load.

Approved Carrier (broker division) - Landstar takes 12% off the top and agent is left with 88% of gross amount to negotiate rate with carrier.

 

So correct me if im wrong .... LS (the corporation) takes 2% off top, then gives the load to the Agent, who then takes 7%, who then assigns the load to a BCO (-9%) and then LS takes another 26%?

In the broker division the agent is given the load at 88% .... If he can get a carrier to run it at 50% he can keep 38% no problem?