Imagine if drivers delivered as slow as broker paid...

It is a problem but it's an industry wide problem and it's not really just trucking. I have a friend in the glass business and to keep his biggest contract with UPS he recently had to accept some craziness like 120 day terms.

It could be worse.....

 

Here comes the factoring discussion all over again.

 

I used to keep a color coded book.
Green were good ones
Yellow were the ones that paid, but weren't the greatest. The ones that were good to go in a pinch, but not a goto.
Red were the ones to never touch again....ever

 

Direct customers is nothing to be 30-90+ DTP.

 

So you're saying you are OK waiting 30-60-90 days to be paid from direct customer but not 30 days with a broker?

 

Whoever pays is the one dictating the terms.
If you can't wait for checks a bit
Go on and lease on with Swift.
There you get you checks quick, every week.
But those ain't pretty...
Do you catch my drift?

 

Seriously...
30 days....should be the norm and seems fair.
Last week I had to pay a Road Service $1250 on the spot,
I was satisfied with the service and did so. Would the guy who crawled underneath the chassis to replace the carrier bearing want to hear about me paying him in 30 days? I don't think so.

A lawn care company leaves the invoice on the door knob which says due upon receipt...
A plumber unclogging the toilet wants money before he leaves too...
A power company is paid after 30 days
but a load board service is paid in advance - before the service is rendered.

I think we are more or less like plumbers or landscapers - providing one time service - we are contracted per one task at the time - and ought to be paid upon the service completion.
Anything over 30 days is BS. Unless direct freight with stipulated payment terms in the contract but these are substantially different from taking a load at the time from a load board.