Load Pay

I was under the impression that you should be able to view the invoices, since you are paid a percentage of the freight bill, but to be honest, I don't know where it states that. Hopefully someone else has the legal info you need.

 

http://www.fmcsa.dot.gov/rules-regu.../fmcsrruletext.aspx?chunkKey=090163348008eefb

§371.3 (c) Each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules.

 

Company drivers do not have the right to view the invoice. Only O/O have the right by law.

Mark

 

I talked to OOIDA a long time ago about this, and the way I remember it, I was told I would have the right to view the invoices since I was paid percentage of the revenue. Or that is at least what I think I was told. Each party to the transaction has a right to see it, and I guess you fall into a gray area of this.

 

I worked for a guy that paid by % loads,, altho his trucks were leased to a trucking company with brokered loads, in the 100 % of the load the company took 20% right off the top, leaving the owner 80% then my 28 % came out of the 80 % and not the 100 %, so actually the drivers kinda got the shaft, especially when we had to drive 400 miles deadhead, no pay for that, and then sat for a week with no loads, i didnt stay.

 

Here is your problem. If you don't have a signed contract stating that you will be paid xx percent of all loads. Then the bossman can change what percentage he is paying you from day to day. Heck even from load to load. He could pay you 1% and there is nothing you can do about it. This is why CPM is the best way to pay company drivers. Doesn't matter what the load pays. You get the same amount to move it.

 

Where does it say that?