a friend of mine was claiming that when the “block chain” takes over the spot market, everyone’s rates will become public. Rates will move like the stock market and everyone will be able to look up the “current price” of a lane.
I think this will be the best thing for us: right now brokers scam us because they know where the market is. Brokers have visibility to millions of loads a year. I’m lucky if I can see 200 loads a year. I’ll be able to truly negotiate rates with brokers using an even playing field. We will be able to compare brokers on lanes and drive the brokers to near bankruptcy. Only the leanest brokers will survive, while margins squeeze OUR way.
Anyway, opinion for the forum: should rates be public?
Should rates be public?
Discussion in 'Ask An Owner Operator' started by Flatbed_reefer_madness, Jan 7, 2019.
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If you need a even playing field to be successful: you are bound to fail as a one truck operator.
86scotty, GreenPete359, stwik and 21 others Thank this. -
Agreed, but do you think it would actually hurt us to have rates public! Everyone would know how much the brokers are gouging everyone.
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Tug Toy Thanks this.
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I dont see why block chain would be needed to do something like that anyway.
It's like wanting to sell twinki in a metal container instead of a plastic wrapper.
It's the same crap inside no matter how you sell it.Mattflat362, Bean Jr., Tug Toy and 1 other person Thank this. -
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KB3MMX and blairandgretchen Thank this.
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Honestly for those without a large customer base (or none at all), brokers fill in the gaps. If you go to a broker expecting to get the full rate then you should just start getting better at selling yourself directly to shippers because those guys need to make money just as much as the rest of us. No need to make an enemy out of them because moving with cheap freight is better than no freight (except in the cases where it's not of course).
Truckermania, Rideandrepair, blairandgretchen and 1 other person Thank this. -
Someone else is going to need money to implement it. Another hand in the pie.
You don't even know what your talking about if you want to know what I think of rates becoming public. I think you are just following some trend without knowing what it's really about.
But that isn't nessasary to make money is it? Just spew and push crap to people that don't know or care to know.Mattflat362, gokiddogo, TripleSix and 2 others Thank this.
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