The trouble trusting new brokers in the market mainly concerns payment timings. Either you got to have a reserve before you jump into this field or you better take all economical stress on yourself or whatever reserve you have. Carriers want timely payments. You could do that for six months, youll likely to grow more trust in the market. Of course, you need to ensure delivery, but for that dont use payment delay tactics.
How do newbies get any business
Discussion in 'Freight Broker Forum' started by indspirit, Dec 4, 2014.
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Yes true. I had capital set up thinking it was enough to pay carriers while I was finding loads. What I wasn't expecting was loads are easy to find carriers much harder. So I put my brokerage on hold and signed up with one that has carriers. I'm thinking as long as I treat my carriers well when I'm ready to move on some will follow me.
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I recently gave a new broker the benefit of the doubt and had no regrets. I'd rather give a new one that has everything in order a chance rather than go with an established one with a poor reputation any day. The new one paid me a decent rate and on time.
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So you have 10 years in how long have you been O/O? When you say he paid you on time can I ask how long? I didn't go with a huge brokerage like c.h. Robinson or tql who don't have the best reps. I went with one that allows me to set my own rates but still has backup.
My idea when starting out was that I still think like an O/O so wanted a broker for O/O. When I saw how easy it was to get freight I stopped looking for it and started looking for carriers. My idea was to find carriers find out lanes they would like to run and a price range they would like to run at. Then go to the shipper negotiate the deal so we can both make money. I'm not looking to get 20- 30% or more off the deal there's enough freight out there to live on 10 or 15. Guess I'm thinking backwards but I think it could work. -
Going on 18 months as an O/O. Less than 30 days and they had quick pay available. I'm currently leased on to a carrier and book my own loads. It seems I prefer to run lanes a lot of their other drivers don't. They would rather run Florida and stay warm than make $$$ I guess and they're happy with $1800 a week settlements. I'm not. I like to run midwest to south/southwest and stay warm part of the time. lol
Lately I've been running IA to OH and back tho because of the $$$ I've been getting on it from a good broker I work with. I was just offered dedicated on that very same run my carrier just landed tho to keep me from leaving like I was planning on doing actually. 900 miles round trip for 80% of $2500. I can easily do 2 1/2 round trips (5 legs) a week @ 2250 miles/$6250 x 80% is $5000 gross to the truck minus $1500-$1600 fuel and $85 a week trailer expense( all I pay is a maintenance fee for a new trailer) makes a #### nice settlement check guaranteed every week. One end is 90 miles from home and we'll end up there every other weekend for home time.
Pretty hard to turn down a dedicated run like that with a 1 year contract. This is the kind of stuff I look for. I'm also fortunate enough to live in such a hot area making it easier to get home without losing my ### the weeks I do.
I should add what makes it even sweeter is previously I was doing $1500 out and finding whatever I could to get back for anywhere from $800 to $1100 and often deadheading some on either end. Still a good run. The dedicated is pickup and deliver at the same locations for 0 DH miles. I've always set a goal of $3000 a week after fuel and trailer expense. I didn't always get it but usually came fairly close probably averaging mid 2s.Last edited: Dec 13, 2014
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Hello
I'm an O/O reopening my authority next month and will need brokers to start with.
I'm out of the Dallas area running Flatbed. I have been hauling oilfield for the last
3 years and trying to stay with freight that pays the same. I don't tarp at the moment
but might change that in the future. My email address is shackd2000@yahoo.com.
Dshack -
I just started with a freight brokerage, they are fairly new, how do you think I should start finding carriers?
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No, what he meant was if the load pays a gross amount of 2,000 and an amount out of that is SUPPOSED to be paid to a truck BUT NEVER IS then you just cash the big check and run for the hills, screwing all the trucks that actually did the work so you could collect that check, out of their money.
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I'm probably beating a dead horse here and I hope this doesn't jack the thread but how do you even get started? I know you have to take a course or something. Can anyone put a up a link or give a suggestion? So much BS comes up just googling it, I'd like to know from people who actually..know!
Thank you in advance!
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