Transparency of Broker's Cut, Does It Exist?

Discussion in 'Ask An Owner Operator' started by Renegade92, Jan 7, 2023.

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  1. Renegade92

    Renegade92 Light Load Member

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    In an effort to further understand the industry, I ask the following:

    To all the Owner Operators out there, when you find a load to haul, is the freight broker associated with that load typically transparent about the size of their cut at any point? In other words, does the broker ever share with you how much they are making off of the load?

    If not transparent, would it make a difference to you if they were? If so, why?
     
    Renegade92, Jan 7, 2023
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  2. abyliks

    abyliks Road Train Member

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    For the rare amount I use a TL broker I don’t worry about their cut, I make my bid and they either take it or I go on to the next one, the only reason Id like to see the original invoice is to make sure there’s no other hands in the cookie jar, though usually a couple of questions you can tell the answer to that anyway
     
    abyliks, Jan 7, 2023
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  3. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    No, why would they ? As they say in the stock market, "buy low, sell high". Whatever the market will bear. The brokers are aware of crappy freight, crappy freight lanes, etc. So thry know easy to book loads and terrible loads before they post them. You've heard of loads that never get posted because the brokers already know who they will give them to.
     
    Allow Me., Jan 7, 2023
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  4. TheLoadOut

    TheLoadOut Road Train Member

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    For example?
     
    TheLoadOut, Jan 7, 2023
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  5. abyliks

    abyliks Road Train Member

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    basic questions about the load, “oh truck load 44000 pounds take it or leave it” means it was more then likely cut and paste and have no idea the specifics of it, meanwhile when they can actually tell you what you are hauling and where it’s going it is probably one of their actual customers they are trying to cover
     
    abyliks, Jan 7, 2023
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  6. Old Man

    Old Man Road Train Member

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    Should we show a broker what our operating cost are?
     
    Old Man, Jan 7, 2023
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  7. Brettj3876

    Brettj3876 Road Train Member

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    Ahh this discussion again. Where's the dead horse meme

    Just remember you choose to use the broker in the first place.
     
    Brettj3876, Jan 7, 2023
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  8. NightWind

    NightWind Road Train Member

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    For the short time I added brokerage to my skill set, I always gave the O/O or company a copy of what I was getting paid. I didn't have the heart to keep more than 10% which I really worked for. Eventually I stopped dealing with it as some drivers belonged in the "can't fix stupid" line
     
    NightWind, Jan 7, 2023
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  9. mitmaks

    mitmaks Road Train Member

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    Brokers are professional scammers without anyone controlling them.
     
    mitmaks, Jan 7, 2023
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  10. GreenPete359

    GreenPete359 Road Train Member

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    Why would matter? It’s none of your business what the broker took the load for. It’s on you as a company to turn a profit. Charge a profitable rate, if the broker won’t pay it then move on.

    Anybody who cries about a broker stealing money from them is either lazy or bad at running a business.
     
    GreenPete359, Jan 7, 2023
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