Brokered Loads

yes it's unusual but the company can allow you to be paid directly. they could also at anytime call the broker and tell them the money has to be sent to them and there's nothing you could do. Not that they would but they can because you are running under them.

it's actualy almost unheard of because when you lease to a company you give them a percentage of what you earn for running under them, how are you paying them for what you haul?

 

you can't do that when you call a broker you must be set up with them requiring you to have authority and proper insurance with a signed contract. if you don't have authority and insurance the check must go to the carrier that does some times when i was on the road and found a load and couldn't do the contract i had a good broker that would do it and i would just give them 5% but the check went to them and they payed me minus the 5%

 

The payment will be sent to the company name who holds the authority and insurance the load was booked under most brokers or shippers will not send it antwhere else if they sent it directly to you then the company you are leased to could come back and say they didnt recieve payment for the load brokers and shippers will not want to get caught up in that mess.

 

What? A Trucking Company being generous to the driver?
Never in my life heard of a company allowing the driver to get the check, under their Authority.



Thanks WTM. That's the way I always thought it should be too.
We had a mix up years ago with the same scenerio.
We were waiting on a check from someone who sent the check to the driver.. All that time we were waiting on the check and found out the drivers wife called them and had them send it to her.. It was an Owner Operator with his own Authority but it was our load and our Authority covering that load that we gave him .. I think his wife was trying to get over on us.
When a Load is covered under whoevers Authority, they get a small percentage to help cover the insurance cost for that load.

 

If the Company is allowing you to find your own Loads,, Each and every Load Must be Runned under Someone's Authority. You can't run a Load without having an Authority. That's for Insurance Purposes and any Claims that may occur on the Load.


Sounds like the Company is making out renting you a trailer for 30.00 dollars a day. I'd like to hear what the company would say to you, if you told them , You're going to buy your own trailer. For what they're charging you in a Month's time, you can buy one yourself for that price.
Trucks and Trailers are getting cheaper by the dozen.

Sure wish I could read that Lease Contract you have with them. Everyone and Anyone considering signing on with a Trucking company should have an Attorney go over it, to explain the contract and add any clause that may be feasible for your sake.,,
A Contract should be considered for both parties benefit. Not one sided.
And since I don't know what it says, sorry to say, I can't help you with any information

But let us know how it goes for you..

 

sure wish you'd tell me where i can buy a trailer for $900

although I agree totally

 

I'm sure she's (DD) referring to a trailer payment.

 

Standard legalese for being an IC. But, this does not say you can use their authority for "side jobs."