Making a broker show the cards

It's a holdover from rate regulation. On the carrier side it was to prevent a carrier that has a brokerage from brokering the loads to themselves and then the carrier paying the O/O's on the lessor percentage. Whole lot of carriers out there that continue to do it.

 

Sounds like socialism for lousy business people to me. The ones that don't know how or can't figure it out need to fail so they learn a lesson.

 

I agree you need to bump your head every now and then if you don't have a solid plan in place (nobody's perfect) like paying for overpriced tires...not learning to do some light mechanical work by yourself...but you shouldn't be CHEATED by a shady broker...I think it helps the entire industry

 

Please explain this to me VERY slow, like I'm a 5th grader.

Unless I am working for a broker on a percentage, how could a broker possibly cheat me? I seem to be missing something.

 

Say a broker gets a load direct that pays $2.00 mile for 1,000 miles for a total of $2,000

Now he post the load to you at say $1.30 for a total of $1,300 thats charging 35%

When I get the load at $1.80 for a total of $1,800 thats charging 10%

These numbers are all fictional....but I hope that helps

 

Umm, lets say I am dumb enough to take that load at $1.30. Thats my problem not the brokers, He has a right to a profit as well.
As with any business, its all about maximizing profit
I entered into an agreement at said rate, doesn't matter what he is getting.
If I work to cheap to survive why should I sue, it was my decision, I could have said no, i need $1.80. If the broker don't agree then politely hang up and call on the next load.

However like Bill said, if it's a percentage of the load, that is another story.

 

Just because someone bought a truck and trailer doesn't give them the right to make money. Trucking is a business. Some people will do their homework and learn how to make money, and some people will fail. The only person an O/O can blame for taking cheap freight is the one looking at them in the mirror.

 

OK, think I have beat this one into the ground with my sarcastic question. My point was the broker may have taken advantage of my poor business skills or situation and made a good profit, but that is hardly cheating me or anyone else.

When a new broker tips their hand I am all but willing to do the same.