Brokering

Discussion in 'Freight Broker Forum' started by Mary Ann, Feb 21, 2019.

  1. Mary Ann

    Mary Ann Bobtail Member

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    Feb 21, 2019
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    Looking to sign on with a company to broker freight. I need to find someone that has the Authority/Licenses and bond. I'll set up my own office and run it myself. Just needing to find someone to sign on with that doesn't take the 60/40 split. I use to Broker freight some time back but had to get out of it due to nothing I did or didn't do. I'll leave it at that. The Company only took 8% off the top and the rest of what the load paid I had to work with. This is reasonable.
    I have worked as a Recruiter. A freight out Secretary. Dispatch and broker. I'm good on the phone and can get the freight.
    Any ideals would be appreciated.
     
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  3. Gdog66223

    Gdog66223 Road Train Member

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    Is there any reason you cant become the broker yourself? Instead of trying to work for the broker who works for the customer who works for the truck driver who works for the broker.... seems like a roller coaster here..
     
  4. Mary Ann

    Mary Ann Bobtail Member

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    Feb 21, 2019
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    I don't have all the requirements personally. I would work independently I would call get the freight . Broker the freight ( get my own trucks). The company I sign up with does all the back office (Invoicing paying etc)
     
  5. DUNE-T

    DUNE-T Road Train Member

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    I think FAK only takes 8-10%
     
  6. Gdog66223

    Gdog66223 Road Train Member

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    So your trying to broker freight under someone who brokers freight but broker under their authority and bond... Landstar agents do that... because half their loads are quadrupled brokered... have you tried Landstar?
     
  7. PPNLE

    PPNLE Road Train Member

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    Where have you brokered before?
     
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  8. Mary Ann

    Mary Ann Bobtail Member

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    Feb 21, 2019
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    The freight I get would be from the shippers direct! Always was always will be. I DO NOT double broker..
    I've not heard very good things about Lanstar not sure about FAK

    There is no round and round...I get the freight. I broker the freight.
     
  9. Mary Ann

    Mary Ann Bobtail Member

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    Feb 21, 2019
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    Yes I have. I'm not that person that does thousands of dollars of freight a day it's me by myself and my own pace.
     
  10. PPNLE

    PPNLE Road Train Member

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    Asked where, not that you have. That said, finding someone to do a 60/40 split with you is gonna take doing thousands a day. Ask @wichris 'bout that. I know he's discussed what their brokerage splits are before.
     
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  11. NHS

    NHS Light Load Member

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    Search Linked in for agent or broker recruiters, there are many of them out there, even some that are independent and that can plug you into several different options. I'm not trying to sound like a downer but if you aren't looking at doing a lot of volume or revenue (which there is nothing wrong with) it may be hard to find a company to take you on for much less than a 60/40 split.

    Although I would say that its entirely possible to make a decent living at that split without having to do a super high amount of volume, just have to have good quality accounts that you can make a decent margin on. 40 % might seem like a lot to give up but if you get on with a creditworthy company that pays you on time, pays your carriers on time, extends a large amount of credit without a blink of an eye, is timely with claims, and has a legal team that has your back, its well worth the split. Just my two cents though.
     
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