Government regulates everything else time to regulate rates.

Discussion in 'Freight Broker Forum' started by Nobroker, Apr 28, 2020.

  1. Trucker T

    Trucker T Light Load Member

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    They regulate it anyway with new regulations and new taxes. The ones doing well aren’t the ones driving the truck. Everyone I knew who drove before deregulation thought it would be great. Turns out it wasn’t. The thing is with drivers being regulated but brokers not being regulated your playing against a stacked deck. Like any gambler your just chasing a rainbow.
     
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  3. Brandt

    Brandt Road Train Member

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    Here is nice place to live. The government takes care or the people
    Let's say the government regulates trucking again. So their are to many truck for the freight available. When it was regulated you had to get approved by the government and other trucking companies saying their was a need for more trucks from what I hear. So just like today their no need for all these trucks. So the government will have take your driving authority away and you will have find another job basically. People think the government will come in and raise the rate to$3.00 per mile so any body can make a profit. They will also have put lots of driver out of business.
     
  4. rifleman308

    rifleman308 Bobtail Member

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    I think we are better off with a freight rate transparency regulation. All rates updated and available to shipper, broker, trucking company & driver. This information will calm the spot market during unstable times because brokers can’t justify huge profits during bull and bear transition periods.
     
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  5. Rubber duck kw

    Rubber duck kw Road Train Member

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    What about a regulation saying you can't charge what it takes when another 2018 comes along?
     
  6. LoneRanger

    LoneRanger Road Train Member

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    Only thing different between now and before is truckers don’t need government approval to get into trucking.

    Government already has a rule that brokers must disclose how much they paid for the load but it’s after the fact.

    All that is required to fix the issue and stop illegal practices is for the broker to have on rate con what the government requires them to keep on record.

    ( this was brought to my attention by another member ) 49 CFR 371.3 States brokers must keep this info and disclose it when asked, but when you sign up to accept the load you sign away this right. So you are not able.


    everything will be fine once government says brokers can’t sign away rights and mandates this info on rate cons.


    The law is there just apply it before the fact not after it.


    As for the guys saying regulations suck, yes they do. All deregulation did was centralize for the most part on interstate authority and open the flood gates on new entrants.


    We are still regulated heavily but brokers are not.


    I for one am not asking for minimum rates or caping brokers rates and such.

    All I am saying is apply what’s on the books.

    After this minor adjustment is made, owner operators need to swallow the fact that they are running for $1 mile.


    Imagine rates on DAT posted as such.

    Shipper Rate: $2500
    Miles: 900
    Broker: 20%
    Rate to Truck: $2000


    You can decide if you want it or not.


    Now many brokers will say I don’t want other brokers to know what I’m getting the load for. Well that can be done now if brokers where wise and paid for the info to get from truckers.


    Hell I see a new industry. Truckers asking for the master lists from brokers and selling them to other brokers. So that point is moot.
     
    Last edited: Apr 30, 2020
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  7. Rubber duck kw

    Rubber duck kw Road Train Member

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    So ask for proof of their rate before signing the rate con.
     
  8. JonJon78

    JonJon78 Road Train Member

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    Yup. Commy countries. Seems lots of folks here want that for some reason.
     
  9. bryan21384

    bryan21384 Road Train Member

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    That's subjective. It works for the folks in other countries. We cant say that their living isn't great, we really dont know that
     
  10. LoneRanger

    LoneRanger Road Train Member

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    What issues would arise by having it on rate cons before the driver asks?
     
  11. PPNLE

    PPNLE Road Train Member

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    Pretty sure we can objectively state that life in the old Soviet Union, unless you were in the ruling class, kinnnnnnda sucked. We can also objectively point to life in North Korea sucking even harder, unless you're one of Li'l Kim's buddies, and even then you run the risk of being popped by a firing squad when you've been determined to be "anti-revolutionary". We can ask the Chinese about it, too.
     
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