Becomming a Broker

I'm sure brokers are up against the same competitive pressures as truck owners. Namely everyone and their brother thinks it's easy street to riches. You end up with a bunch of uneducated people becoming brokers driving rates down no different than the truck glut. Reality is different from fantasy.

 

200 a load? HA. That may be what they try to get. My uncle owns a brokerage. It's nowhere near that. Sometimes yes but most of the time it's between 10-12%. And they pay teh carrier in 30 days and it takes him 90 -120 days to get paid.

 

Fronting a 75K bond. I would say yes, you are crazy.

 

Take into the affect of the overhead plus waiting on the money blah blah blah. Drivers calling in with every excuse in the book why the stuff waqsn't where it was supposed to be when it was supposed to be. Those all add up to deductions.

 

There is only three ways to get rich marry it inherit or steal it!

 

One thing I learned a long time ago is there are no high paying easy jobs. I used to be a programmer sitting in my home making thousands of dollars and that sounds like a dream job but it had a lot of negatives too.

 

This is funny... $200 per load profit ? LOL