If you are leased on and paid a percentage of the gross, or any similar percentage based pay; always get a copy of the associated rate confirmation. So many drivers ask and don't receive, then they don't push it...well, most(if not all) contracts state that as the driver/contractor, you have the right to review the associated rate confirmations/ purchase orders.
There are too many companies out there that pay they drivers "90+%" of the gross. Actually, they pay 90% of what they say the rate is. Cover yourself, ask for the back-up. Too many times, I have talked to drivers that, when it is all said and done, are making 75-80% of the true rate.
There is a new trend developing in the Midwest - percentage of an agreed upon lane rate; I'll advise when I know the facts. From my stand point, if you are leased on, it doesn't sound too bad: as the driver, you know the money going in and can decide whether or not to run it. There are times when I would love to know what I was going to turn the lane at! Sometimes, in my brilliance, I push in to an area - blinded by money (still happens after all these years)-knowing that I could potentially eat it on the way out!
Just running my mouth...
ALWAYS, ALWAYS, ALWAYS Get a copy of the rate confirmation!
Discussion in 'Ask An Owner Operator' started by BigDawg624, Sep 25, 2014.
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Boy aint this the truth,,have has several brokers say "go and get there we'll do the paper work in the morning'
I always tell them that good business practices say we must have a signed contract and signed rate confirmation before we start.
Here is something few know about go look it up in the Regs,
DOT regulations state "That any party to a brokered load the shipper and or the carrier can demand to see all paper work involved.
Read the reg below
Want to piss off a broker you will never use again demand to see the records.
BROKERS OF PROPERTY < 370 | 372 >![[IMG]](proxy.php?image=http%3A%2F%2Fwww.fmcsa.dot.gov%2Fsites%2Fall%2Fthemes%2Fmodebase%2Fimages%2Fdot-print-icon.jpg&hash=b2de085090d8760e708cec4bca665a82)
[h=3]§ 371.3: Records to be kept by brokers.[/h] (a) A broker shall keep a record of each transaction. For purposes of this section, brokers may keep master lists of consignors and the address and registration number of the carrier, rather than repeating this information for each transaction. The record shall show:
(1) The name and address of the consignor;
(2) The name, address, and registration number of the originating motor carrier;
(3) The bill of lading or freight bill number;
(4) The amount of compensation received by the broker for the brokerage service performed and the name of the payer;
(5) A description of any non-brokerage service performed in connection with each shipment or other activity, the amount of compensation received for the service, and the name of the payer; and
(6) The amount of any freight charges collected by the broker and the date of payment to the carrier.
(b) Brokers shall keep the records required by this section for a period of three years.
(c) Each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules.
Citation: [45 FR 68942, Oct. 17, 1980. Redesignated at 61 FR 54707, Oct. 21, 1996, as amended at 62 FR 15421, Apr. 1, 1997]scottied67, BigDawg624 and 6 Speed Thank this. -
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