Most determine who you can't sell it to, including the final buyer.
The farm sells to Acme. You can't buy and sell to Acme. You can't buy and sell to someone who sells to Acme.
Typical end user agreements.
Buy load of produce and re sell
Discussion in 'Refrigerated Trucking Forum' started by Regional, Jun 6, 2024.
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Get the customer lined up first. You can buy a load of anything you want and sell to anyone you want. It’s called free market. As far as Legalities are concerned. Might be best to form a separate Company to buy, and pay your Trucking Company to haul it. Just a guess, for insurance purposes, to insure the load in an accident. Questions for a Lawyer and maybe your Accountant. I do know cash is king when dealing with Produce. A lot of the transactions are off the books. Stuff gets sold and written off as disposed of, as if it rotted.
Last edited: Jun 6, 2024
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Regional and Rideandrepair Thank this.
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This is the way produce was back in the 40's to the 60's. Trucker buys a trailer load of whatever, pays the farmer in cash, and try's to get it sold before it goes bad. Every day on the trailer, the price drops. Most had several customers set up at markets and sold to the buyer that offered the most for the load.
Your plan is old and would probably fail in today's digital marketplace.gokiddogo, ‘Olhand, Regional and 1 other person Thank this. -
Regional Thanks this.
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Rideandrepair, ‘Olhand and Regional Thank this.
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Trying to find the buyer that can take a whole load, you start moving into those that have prior commitments and likely end user on who they can buy from.
Selling certain products, like watermelons at the right time can be profitable. Or not. Or end up selling to a hog farm at a loss.
Any rate, you need buyers and a price commitment for it to work.Rideandrepair and Regional Thank this. -
Is it viable to import produce from Mexico, pack it and then sell it to terminal markets?
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