Transparency of Broker's Cut, Does It Exist?

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

  1. ZVar

    ZVar Road Train Member

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    Let's not get off track here. Anyone crying for transparency is 100% about how much money they made on the run. Absolutely nothing else.
    Personally I'm waiting on these guys crying for transparency to post all their operating costs, including what lanes they are running.....
     
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  3. TallJoe

    TallJoe Road Train Member

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    Brokers Transparency serves the purpose of fairness and appealing to humanistic instincts of the two parties involved in the transaction.
    Normal, God fearing, people, in general, oppose the sin of greed, and promote compassion when seeing another's man difficult plight. Keeping 50% or more of the shipper's pay for transport is such a shame, and it would be better for the World to expose it.
    This, in natural ways: by self respect and sense of pride on the side of owner operators and then finding the sense of decency and refraining from greed on the side of brokers, should find better balance of profit division between the two.
    The brokers transparency does not have to be about some regulatory dictates of how much they can make but rather about mutual understanding that you and I know that my going at this rate, while your keeping that much for yourself is not something to have clean conscience about.


    On the other hand, Commission at 15% would accomplish the same automatically. In the long term, it would smoothen the rates spikes and dives, thus promote predictability of the market which means more stability.
     
  4. TallJoe

    TallJoe Road Train Member

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    Such a shame...that was a nice song by Talk Talk back in the day. They used mostly synthesizers but had this very unique and unreplicabale deep sound blending with the great vocal.
    Great 80s.



     
  5. TallJoe

    TallJoe Road Train Member

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    Yeah,
    Transparency is not about preventing revealing someone's profit but shame. And it applies to the both sides of the equation.
    I am out of here.
    Good Night!
     
    Last edited: Jan 13, 2023
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  6. Kenworth6969

    Kenworth6969 Road Train Member

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    Buying Freightliner or Kenworth would fall under a person buying something, how is that "the exact same thing" as two businesses working out an agreement to move a load and provide a service as in broker and trucking company.

    It's not the same thing.

    By the way in many publicly traded companies a lot of details and costs in general are public information in earnings reports. So in a way you can say there is transparency.
    Like Kroger would be an example, you can look up their gross margin.
    Can you look that up from Mr. Broker?
     
  7. Kenworth6969

    Kenworth6969 Road Train Member

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    Even if Mr. broker put it out there that hey I'm making $4000 on a $5000 load it doesn't make a difference if drivers are lined up to still haul it for $1000.
     
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  8. wichris

    wichris Road Train Member

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    You can look up the gross margins for any public traded brokerage.
     
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  9. GreenPete359

    GreenPete359 Road Train Member

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    wow people are dense. It is exactly the same thing. You are buying a service from the broker. The broker is selling you work.

    If the broker not opening his books up for the world to see upsets you so much, go source your own freight. Get 100% of the rate.


    Personally my nickel is on the fact that you won’t. That’s ok though, it’s entertaining to watch guys who can’t properly run their business flounder.
     
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  10. wichris

    wichris Road Train Member

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    Same old thing, blame any failure of yours on someone else.
    Always blame someone else for putting the effort into something you won't.
     
  11. TallJoe

    TallJoe Road Train Member

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    Poeple are dense and it is entertaining to watch them fail?
    Frist of all, Brokers don't sell anything.
    Second, Brokers are buying service from carriers on behalf of shippers. Their role is to be an intermediary between the shipper and carrier. It is none of my business to know what the shipper sale proceeds and costs of productions are. Nether do I care about brokers costs of being a middle man. But I sure am entitled to know how much shipper paid me to transport the product before they escrowed the funds to brokers hands.
     
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