Under $2/mile loads with $6/gal diesel.

Spot on as usual, Dave.

 

No. Brokers never disclose that info on the rate confirmation.
I am not too sure if they are obligated to disclose or disclose it ONLY upon demand but they don't.
That law is not practiced or executed. My guess is that in case of a carrier demanding that info, they would not want to deal with that carrier later, so nobody dares to ask.
Sometimes, sporadically, when the dialogue with a broker gets more in a confiding mode, they will volunteer to tell you, but it is more for the purpose of discouraging you to bleed them too much rather than emboldening you to rip them off.
So, brokers want to be honest about what they got, if they got not too much but if they got too much then not so much.

 

So what exactly are you advocating for? The law for transparency is on the books. You don't like the way the system functions now for you on a personal level so what specifically are you suggesting be changed?

 

I spent too much keyboard ink on this thread already to do it all over again.
Look, Mister
I wanted to be kind, I answered the technical question you asked. You owe me one thank you click.

 

Check mate.
You're the winner. I am the loser.
I had better go.

 

Oh...sorry.
That's a valid question - on the 2nd thought.
I'd like that law to be enforced by making brokers disclose it unconditionally.
So under penalty, they have to include it on the rate sheet. Something like credit cards have to do these days by making people aware of how long it would take them to pay off their debt by sending only minimus payments.

 

Hey Mister with all kindness back at ya, the closest thing to a solution that has been concisely posted in this thread is a 15% cap on the brokers cut. I've watched this thread develop over the last few days and don't know who to exactly attribute that solution to without rereading everything.

Is that your solution?

 

Thank you for the reply. Unconditional disclosure before or after you have accepted the load?

 

It can be done before or after...at least until after the 15% cut idea is implemented.
Let's focus on transparency alone.
My intention is that it would promote awareness of owner-operators and the awareness would contribute to improving their negotiation position - generally speaking, at least they would know what reasonable expectations they could have when negotiating.

For example:
In my last year of being leased on, I averaged 1.45 cpm on 120 000 miles. So when I booked a load of heavy salt from Chicago to Dayton, OH for $700, I felt like a million-dollar man.
I can imagine the amount of laugh the broker who sold me that load had. I came back for $650...hmm
And booked another one from Chicago to Atlanta, GA of heavy aluminum skids for $1200... to me it looked fantastic... $1.70 on 700 miles - so much better than the measly $1.45 I had a few months earlier, irregardless, they must have loved me too.
I think my decision would have been different back then, had I known what the pay potential was.

 

So the true rate is available for all to see on the load board?