Government regulates everything else time to regulate rates.

I don't find it necessary to stick to the free market as a goal in itself. I won't bother myself with a question of whether the transparency is an integral part of it, either.
The bottom line is that I will want what is good for me and the big picture is not my concern. As an owner of a donkey and a cart, I want all there is to make my life good. Be it with the government involvement or not.
It may be argued the interfering with a broker's profits might be good or bad idea but the transparency would certainly give a little bit of more negotiating power. The very possibility that they could no more say to me "That's all I have in it..." would be worth it.

The megas lobbied for the ELDs to harm my livelihood under the pretense of safety, undermining the very free market environment - mobility and flexibility of a small outfit. I could even go one and say that the very HOS, while generally needed to some extent, were rigged specifically to suit the megas' needs. They did not look at the big picture either, by involving the government in their agenda.

How about finding a pretense to utilize government to do something good for us, for a change. We could find some lame pretense...some law, I don't know what...but whatever works.

I am trying to say...forget about the free market and capitalism and these platitudes of right and wrong. In the real world the way things work is that everybody cares about themselves.
Everybody protects their interests and tries to rig system to suit their needs. There is not a big picture and never was, there is only an outcome of these little games and struggles for power.

 

Oh I can get 10 like minded Americans to agree on who to shoot.

The only problem I'd be concerned with is the Twelve angry men I'd have to convince later on.

On a separate topic, when does Congress open up again?

 

Doesn’t matter if you can get 10 guys or not. Question was for me to show anything regulated that leveled the playing field.

I did.

sometimes regulations if done right do help. Other times not so much.

the law is in the book, all that’s there to do is mandate it on the rate con, and you will see these brokers that claim to be honest are most likely not.



Another regulation that helped the people was regulating brokers in all industry to keep them from doing anything predatory.


If anyone believes after this that brokers will raise rates is kidding themselves. They already know you can haul for $1 they won’t move that much up any further.


And if the rates are $3-4 per mile now in this over capacity what will it be in a tight market? Yet you guys will still haul it for $2 pm, so who’s the fool now?

 

Not a regulation. You are aware there's different definitions for regulation other than a law I'm sure.

 

Ok how about MLO regulations, didn’t that level the playing field?

 

On a side note I agree that more transparency would help the drivers and the industry as a whole.

 

Not real sure what changed, my instinct reaction is no, in fact when I hear "leveling the playing field" as a reason to do anything the immediate reaction is no. You guys really need to learn that life ain't fair, never has been, and never will be, the sooner you realize that the easier your life will be, I was taught that literally in the 5th grade.

 

I was taught life is hard but I was also taught to stand up for myself and others.
I always made decent money when I drove but I also see that the game has been rigged against the drivers.

 

I know life ain’t fair, I learned that when I was young as well.


The one of the few things that changed when TILA took effect was mortgage brokers now couldn’t bs about the loans anymore, they had to have disclosures and couldn’t rip off home buyers by charging 20-30 even sometimes as much as 40k I’ve heard on loans.

that’s right a 40k commission on a loan.

proper disclosures where not made to buyers. 5/1 Terms where not properly disclosed, subprime loans where not properly disclosed.

now they where not the only characters to blame others where involved like banks and such but the issue was brokers took advantage of the situation and made mad money on the backs of unsuspecting consumer.


That is why government stepped in and said No more. Now everything has to be disclosed. You can’t simply lie to get what you want. Full disclosure is needed for the consumer to make a correct decision.


The way I see if if brokers are regulated few things can happen.


One rates will stabilize.

More freight will go into contract market.

Double brokering would almost end

A lot of brokers will get kicked out, meaning less undercutting each other for freight contracts,

Brokers will start to actually stay loyal to the carriers they are doing Business with.


As for the supply and demand theory, truckers will still under cut each other that’s given, but now they deserve to go under, not because I wish that upon them but they did it to themselves, instead of being lied to by the broker.


No matter how you look at it, if rates are really still $2.50 and up at this time of over capacity then rates are even higher in tight capacities if you follow that logic. Then that means what you are running for in a tight market is actually still 50-60% of the actual cost of the freight.

looking at that you might want to rethink how your broker is being your best buddy while shafting you.



there’s a saying I learned while growing up.

why does a friend not let anyone screw you over?

because he won’t let anyone near his honeypot.

Explanation, when money is involved if your not informed then your getting screwed.

 

Why would you want to make things easier for your competitors?
You keep harping on double brokering. Maybe you should look at why that’s such a problem for you.