Transparency of Broker's Cut, Does It Exist?

You are right, my best loads are when I'm the one being called and they aren't on the board.
However in good market and its afternoon and a load that needs to go still hasn't been covered they will pay up and post it.

 

Deciding on a rate needs more context than mileage and weight. But let's cut to the point.
Overhearing it, would certainly give me something to think about and consider, If I would want to squeeze more from you. However, it would have to be carefully done because of the risk of someone else taking over my place.
But if I knew that I was the only one that you could depend on, I'd use it as an advantage.

But the example is good in explaining how transparency would work.

 

The point is even if you’re quoting someone a rate directly, unless you sit in their meetings and know all the details of their transportation budget you have no way of knowing what is left on the table. Take the broker out of the equation and stop being hung up on transparency. I’m talking you as a business owner quoting a rate directly to a company for hauling their widgets. You would figure out the rate you would need and you would submit that. They would either accept it or they wouldn’t. Your rate wouldn’t depend on how much you think they have in the company checkbook.

You would be submitting a rate without the full transparency you desire, you would be using the information available to you in order to make a good business decision. If you go too high the company won’t accept it and will pass you by. That’s no different than when you decide if you will accept a rate from a broker. If you shoot too high then they will pass you by. You will either accept it or you won’t, and if you don’t they will move on to the next truck. The only difference is you feel entitled to know the broker’s other transaction that really isn’t any of your business.

 

My number would have been around $3,800. Round tripped that’s $2.11/mi. Not a home run by any means, but when i take that 900/mi trip on Monday, i’m back Wednesday. Knock out three 45mi loads for $750 a piece Thursday and i’ve made my money for week without working to awful hard. Now Friday is all gravy.

Some of these guys that solely run spot market don’t get how it works. I take the longer load and make less on it, but kill it on the shorty’s. I still turned $6,050 on 2,205mi that’s $2.74 all miles for the week.

Everything you wrote here is what’s wrong. There is no if i feel like getting out of bed. Get your butt to work! $700 instead of deadhead. There is no way on God’s green earth you can defend that. You are the reason spot market rates are trash. You can’t come back from this statement. You put it out there. You will work for 0.77cpm instead of deadhead. That is embarrassing. Are you embarrassed? You should be!

They’re not reliable enough to hold a contract anyway. Lmao, the cust calls 6pm on Thursday night with an emergency 1,000mi load for Friday that would hold them out over the weekend and he’d decline it. Saying i’ll be ###### if i’m spending the weekend on the road as he beats his chest. Mean while several months down the road crying he can’t find freight within 100 miles of the house. Nobody will work with him

 

Another one of those shows up late ho ####ing boo moralizing mentors.

Do you even read with comprehension or maybe my way of written expression is so hopelessly off?

No, I am not embarrassed at all.

$700, I'll take if that's the only alternative to get out of the area to put myself where I want to be How about $7000? Was it good enough?

Of course, $700 is better than deadhead. $700 pays for the fuel to deadhead that distance. If you'd rather be deadheading at a loss, then go ahead. That's your business.

Listen now, I have been part of the spot market for the last 6 years, and I am still here, doing good for what I need. Compete with me and show me how better you are. If you fail and I am still here, you're the loser, I am the winner. It is not up to someone insignificant like you to say who the winner and the loser is. The final outcome is determined by the market. The problem with your failing is that your ways are weaker than mine. The problem is you.

 

I suppose but in reality if you have a load that has to go the shipper ain’t playing around. Would you lose 50k over a couple thousand dollar freight bill? Probably not. And the shippers worth a crap ain’t gonna be waiting til last minute to get their loads shipped. They are smart enough to have things booked out a week or two in advance.

the loads that are last minute/must ship now!!!!!!!! Are the load that 30 brokers are fighting over.

when freight needs to move it moves #### the price!

 

Of course, I won't get out of bed If I don't want to. It is none of your dumb little business to tell me when I get out of bed and for what.
It is none of your business to tell me what rates I'll go for either. I don't give a #### about your seeing the rates being trash. I've been able to work with them. 2.53 dol per odometer mile for the last 15 000 miles since November. They are not trash to me. If you are sinking and I am not that's because I am that much more powerful than you, hear me?! Embarrassed now?
If you don't like it, then do something else, there'll be more room for me.

 

The more info the better. How it is utilized and taken advantage of is a matter of entrepreneurial skill.
I stated my view that shippers' pay must be channeled to the carrier's pocket in the biggest possible stream. The brokers are there to broker, which means to clerically facilitate the transport arrangement between the shipper and the carrier. They are not the muscle that makes the real work, so don't tell me then that leeching off the carrier's poor market position is a noble thing to do. It is deplorable to see a broker making more on a trip than an owner-operator, no matter how you slice it. I don't buy into brokers being hard workers and deserving more than carriers either. Someone can tell me why I would not become a broker if I think it is so easy. I can always answer that I don't want to become a loan shark either.

 

Well i guess i’m the one who pee’d in Joe’s Wheaties. Proud to do it Joe


0.77cpm is not better than deadhead, that is just embarrassing. If i was in such bad financial shape that i had to operate at such a rate, i sure wouldn’t get on the internet and gloat about it.


Edit: Nobody told me temper tantrums & personal attacks would be part of the entertainment experience of this thread. Lmao i had to run Shoprite and buy some popcorn so i could come home & read your posts

 

I gloat about it?
That's was a part of an example, given to someone who does not know that rates are also adjacent to lanes, not just distance and weight. So, in order to emphasize this fact of the matter, I said that it was possible to expect $7000 one on extreme and $700 on the other but you can't read with understanding, can you?
Maybe that's the case...have you read in the last decade more than one text book - fiction or non fiction - or a newspaper article of more than a few paragraphs but I mean a book with text, not an audio book? If not, then that could be the problem because reading comprehension deteriorates, if it is not practiced.

You said,
If i was in such bad financial shape that i had to operate at such a rate...

I am in an excellent financial shape, still given a choice of deadheading 900 miles for $0 or $700, I opt to get paid.
Operating at .77 per mile is better than 0 per mile.

What personal attacks?
You started personal attacks and now you make a victim of yourself.
You don't make sense here either.
You are either not too intelligent or you are a troll.
I really regret to have responded to you, you're not worth my attention. You're best to be ignored. I hope you enjoyed your popcorn, because this is about as many keystrokes as I was willing to waste on you.
And take my good advice, read at least one book, not audiobook, per month.