hey brokers, has elogs changed business/rates etc?

I'll chime in, in a few fellas. Just finished cooking breakfast for the missus, we're eating now.

 

You're just speaking what isn't already known brother.[/QUOTE]

I was also involved in real estate sales as a builder/broker for years. Do you know that in real estate contract law, if the broker/agent is representing both the seller & the buyer, the broker/agent(s) first obligation of representation is to the seller?

Not only that, the broker/agent must disclose that in writing with acknowledgement signatures from both the seller & buyer.[/QUOTE]
The reality is that the shipper is the broker's customer, or client, and service to that customer is how the broker maintains there business.......just as the broker is our customer.

 

I realize that. So, then why do some (not all) brokerage houses send out a ratecon that breaks out the amount to be paid in FSC then? I've always wondered that.

 

Which brokers do that?


The only repeat broker I use is a spot market broker: customer needs a load moved and he gets it covered, by calling the carriers he uses and getting a rate, adding his piece, and giving that to his customer. That's a very effective way to work in my opinion. If it's contracted, there are ups and downs in any market: what carriers want for rates, how much shippers are charging and willing to pay, how much materials cost etc.

 

CHROB does. I don't haul very many loads for them, however, if they have a short run to get me repositioned and the rate is good, I'll haul for them.

Here's a section from a recent RateCon from them I received.

 

I don't know why CHRW does that. There are others who also do it but it's pointless and makes no sense. They just break out a certain amount of the overall flat rate you agreed to and tell you that part of it is a fuel surcharge. You're not getting extra money or anything of the sort.

 

Here's another one from a brokerage house I do business with every now and then.

This is how their ratecon is broken down.

 

I wonder if they do that simply for better tracking in regard to their accounting?

 

Again, they do the exact same thing CHRW does.

You agree to $1,000 to haul a load.

They say $77 is fuel surcharge and $923 is the line haul.

So what exactly is the point of that?

It's a $1,000 flat rate any way you slice it.

 

I don't understand it either IF it's not relevant. However, to them it must be relevant or else they wouldn't be including it