Interesting article to read
http://www.landlinemag.com/Magazine/2005/MarApr/Features/brokers-fair-share.aspx
Making a broker show the cards
Discussion in 'Freight Broker Forum' started by aiwiron, Apr 17, 2012.
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printed as a pdf and put into shipper documents.
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Yeah, IMO thats definitely going to work better in theory, and makes for a wonderful article to read. Although its the law, in reality its not going to work so well.
So lets say you call a broker to inquire about a specific load. You then inform the broker you have a right to see the original contract. Next thing you will hear is a dead phone line.
Or
Youve already delivered your load, but your feeling like the broker has cheated you. So, you call them up and demand a copy of the contract. The broker says no thanks, and you remind them that it is the law. The broker laughs and that makes you angry enough to hire a lawyer. You can pay your lawyer a chunk of change to show up in court a few times. The brokers company already has a lawyer team, and they get this strung out over a couple years time. What exactly did you gain by doing all this? and its only one load out of hundreds youve hauled that year.
Even if you win, and are awarded that magical sheet of paper. Now you're going to need to open a new law suit to recover the actual money you didn't get paid.86scotty Thanks this. -
It's also about as O/O stopping those that take advantage of our position. If it means ruffling a few feathers, then they are going to get ruffled. -
I would consider is to do maybe a 90 or 180 day review, I would think that it would be well worth your time. Request your records after a certain period the broker has to provide them and you can decide if you want to continue to business with said broker...if they refuse it makes more sense to file for multiple loads than one at a time.
Thanks for the info -
We have shady brokers and shady O/O in the industry, both sides need to know what each other is up against. If your scenario happens you know to walk away with a clean slate and place the broker on the do not call list, I know a few shady people on both sides and to be honest have no desire to work with either.
It is not hard to find honest brokers, people that are diligent will be successful. If a O/O can find one to work with and will keep professional the broker will be upfront with you. This is called a working relationship that both parties work toward making it happen, playing I have a better lawyer will get both parties pretty much blackballed.MNdriver Thanks this. -
The problem is that it is a federal regulation. Has to be in federal court. Federal will most likely reject it untill it has been through the state. State court's have no control over it. Even if you get it all it does is show how much they made. Both sides pay the attorney fee's.
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The simplest solution to this is to make sure you are hauling freight that turns a profit. I simply don't care what the broker is making if the freight fits my needs. If a load pays enough I haul it. If it doesn't, I say no thanks and move on.
Know your freight and know your lanes. Do your homework and you will know what you need to make to turn a profit.D.Tibbitt, Ryan_B, Mr. PlumCrazy and 6 others Thank this. -
Not sure I see the point in it unless you are working on a percentage. Broker has a load, you agree to haul a load for $X. Other than you can what does it matter what broker is making?
Now, I believe ever driver that works on percentage should get a copy of what is being billed on every load and not even have to ask. -
And before you say what's wrong with making money...sometimes guys starting out might not know any better and take what they can get but as they stay longer they learn better but are still pegged as a "cheap" carrier.
And as an experienced carrier nobody wants to leave money on the table and wants to maximize their earning potential.aiwiron Thanks this.
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