(Some) Dump truck brokers are the worst of the worst in the trucking industry....
I have seen where an O/O gets a load and is told to make out a B/L but not put the rate on the B/L....The broker tells them the "rate" but not to notate it.....
What is happening is that say a broker is getting $80/H for a truck or trucks but the O/O is getting $70/H plus the O/O pays a "Dispatch Fee" on top of that at $20-$30 a day.......
The broker doesn't want the O/O to know what he or she is getting and they also don't want the contractor or the quarry to know what they are taking off the top.....
The sad thing is Dump Brokers are not like freight brokers....Most work out of a briefcase; they are not required to have insurance...and in Cali up unto '11...they are not required to be bonded......
Most pay between 45-60 days.....and some will take 120 days to pay........
"The almighty $2.00 a mile theory"
Discussion in 'Ask An Owner Operator' started by " OPTIMUS PRIME ", Dec 16, 2010.
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Different truckers, different deals.
So, if the load starts off # 2 dollars a mile,and a broker gets his cut of 10%, some drivers will claim they got paid the 2 a mile [ and not mention the 10 % charge ] ,while others will say they got $1.80 a mile.Same freight, same rate at the start.
The driver who says he got the $2 will show a higher gross per mile, and a higher cost to operate per mile, as he will figure the 10 % as a cost of doing business.
The driver who says he got the $1.80 will show a lower gross per mile, and a lower cost to operate per mile. No deduction for the brokerage fee.
Some recorkeeping systems show a fuel surcharge as income. Some show it as a fuel discount. Same idea.
Ends up being the same, but can be viewed differently. You have to ask how someone arrives at their figures.
" OPTIMUS PRIME " Thanks this. -
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...And let's see....CHR and Bear won't consider it a load unless it's 48K and 8' drops......
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WCP do u ever sleep!?!?
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It's too much mone$ out here to be made right now to be sleep.Working Class Patriot Thanks this.
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