This might get interesting?

Just think of the crying/whining when the pendulum swings the other way like it has many times before. The shippers/brokers demand to see your profit on the load at a certain %.

 

The pendulum carries all parties together. Except for shippers, but the upward pendulum movement, typically means, that sales are up and they are doing good too.

 

Nothing to get excited....its a bunch of truckers with these theories about why freight rates are down, with no real proof that the brokers are actually manipulating prices to their liking. They are probably going into this meeting trying to present this to DOJ, and I bet when the truckers make their case, it will probably sound like a conversation at the truck stop as opposed to a presentation with hardcore research and facts. Maybe the brokers arent the bad guy. What if the shippers are paying less to move loads during a downturn? Why do people automatically think that all shippers will pay big dollars? They have to watch costs as well.....I keep saying it....its the money game.

 

with that example of 5k for the load and 2500 to the driver. There is gonna be another broker that will offer that shipper 4k. The shipper will change to the cheaper shipping cost. Yeah still a 1500 profit. But my point is this. Just as there are drivers who are taking the cheap arse loads right now. There are brokers who will underbid other brokers. It is still the same game supply/demand and what is the pain point for the load. Meaning what is the bottom that a driver/broker will take. Same for the top end. What is the most a shipper/broker will pay when this supply/demand issue reverses after the economy opens back up. Not rocket science people.

 

That's better be it. I just feel better knowing that when I starve, my fellow broker does so too.
Shippers are not to be blamed here at all. You can't go as far as blaming the shipper.
Even I sent to hell lawn care salesmen, I told them, you want too much, I'll do it myself.

 

LOL. The old adage, "Misery loves company"

 

That isn't exactly true. Many brokers and carriers are on a contract. Trucks short and they are paying out of pocket many times. Make that up when freight gets short.

 

Yep.
Ain't I a middle life, sour, miserable man?
Lol.

 

Have you considered if a broker does 100 loads per day on average, at $100 per load profit, that’s $10,000 profit per day.

If that same broker now is doing 30 loads per day, they must make $333 per load to maintain their profit?

Do you think a brokers operating costs change much overnight? If they were making around 10% profit margins, they would go broke in a hurry maintaining their $100 per load average.

This all is tough for everyone. It’s business and business has its own unique challenges no matter what side of the fence you are on.

So $1000 load, paid $900 before.

Now. $1000 load, pays $670 now.

 

Wouldn’t the real “scum” be the automated brokers like convoy, Uber, etc with limited human interaction? If their technology works and requires less humans per load, that is less wages, benefits, and healthcare to provide, lowering costs.

This would mean that A. They are skimming rates like everyone complains just out of profits, or B. They can lower their cost to shippers and gain huge swaths of new business due to their technological advantage.

Neither sound good. It sounds like less jobs and lower rates to me.