Getting paid

David McGill has a lot of videos on YouTube about starting his own trucking company . not sure if he covers getting paid from brokers. But there’s a lot of good info there .

Getting insurance is likely going to be your biggest issue.

 

8 months with authority, no factoring company. Haven't been stiffed yet, I create invoices and email them through truckingoffice but imagine any of the popular trucking software can do it just fine.

 

I have only had to chase a few in 6 years. A simple email saying where is my money does the trick. I have only had to reach out to one brokers insurance company and they paid and then went out of business.

I have had maybe 3 of those ones I had to chase annoy me to the point (bad communication/careless attitude/slow or no response to initial emails) that I would not run for them again. One of them called me last week and after quoting the load I pulled out my notes and said nevermind tell your ###### in the office she lost this carrier last time....because she was careless and felt my time and money were hers to play with.

 

It’s not too hard. DAT has credit scores and days to pay listed. Most of the fraud happens out of CA so if you don’t run much out there then that’s helpful.

Like someone else said, get insurance quotes before you dive too deep into this. Or find a local small carrier with a track record to lease onto.

 

Yes, it can be a pain in the ### but there are enough out there that will work with you that you don't have to worry about it. Most of the ones that won't work with a brand new want 3 months, a few want more but #### them.

 

Like running aces said, some will deny you but it’s not enough to be all that meaningful. Especially right now when freight has to go, they’ll take more of a risk.

 

Don't even worry about being new. Seriously, just forget about it completely.

As far as the rest, let me simplify it -
1. Call the broker on a load you're interested in.
2. Agree on everything.
3. If you haven't worked with them, they'll email you a carrier packet.
4. Fill it out, and email back to them along with signed W-9, and certificate of authority.
5. Call your insurance company and have the broker named as a certificate holder. (It's easier to do it yourself online if you can. Far faster)
6. Send them the insurance certificate.
7. Once they have everything, they'll send the rate con. Check over it, sign, send back.
8. Haul the load on time without damaging the freight.
9. Email copy of signed BOL as POD. (I just take a well cropped pic, and attach it to the email)
10. When you invoice, send your invoice, rate con, and signed BOL to the correct email that handles payment.
11. ???
12. Profit.
13. Rinse and repeat.

 

What was your insurance quote for the first year?