What do you o/o's make of this?

Discussion in 'Ask An Owner Operator' started by TheLoadOut, Jan 31, 2020.

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  1. TheLoadOut

    TheLoadOut Road Train Member

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    Can things really be that lopsided? Because if they are then this is really sad. Is anyone familiar with the site
    Lane Honey?
     
    TheLoadOut, Jan 31, 2020
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    pumpkinishere, LightninMcQueen001, Ragbonetransport and 2 others Thank this.
  2. 6wheeler

    6wheeler Road Train Member

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    I'll be checking into this.
     
    6wheeler, Jan 31, 2020
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  3. Cabinover101

    Cabinover101 Heavy Load Member

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    No, I'm not familiar with it. This is the first I've heard about it. I haven't had to run the spot market for years since I no longer have my own authority. Sammy does a Good job of telling it like it is. Almost makes me want to Negotiate some rates!
     
    Cabinover101, Jan 31, 2020
    #3
  4. Bakerman

    Bakerman Road Train Member

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    I just saw this yesterday, I was going to post it this morning.

    rates aren’t bad at all, brokers are just being more aggressive.
     
    Bakerman, Jan 31, 2020
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  5. Ridgeline

    Ridgeline Road Train Member

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    No they are not.

    Do your due diligence with brokers.

    Too many don't get that.
     
    Ridgeline, Jan 31, 2020
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  6. Scooter Jones

    Scooter Jones Road Train Member

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    I'm assuming Lane Honey is a paid subscription service?
     
    Last edited: Jan 31, 2020
    Scooter Jones, Jan 31, 2020
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  7. JonJon78

    JonJon78 Road Train Member

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    @PPDCT you dirty dawg!!!! :)
     
    JonJon78, Jan 31, 2020
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  8. SteveScott

    SteveScott Road Train Member

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    Interesting. I never had any doubt that many brokers were making much more than we thought. When spot rates are up and the broker is under contract with a shipper, the broker makes less, but when spot prices are down, brokers make a fortune. It's the same regardless of what the product is, but in logistics there is a lot of room for abuse if the shipper isn't paying attention. I have 2 contract clients and adjust my rate frequently based on the spot market just to keep my customers happy. If they feel they're being treated fairly, they'll stick with me.
     
    SteveScott, Jan 31, 2020
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  9. Petty Cash

    Petty Cash Light Load Member

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    I tried Lane Honey and wasn't impressed. If I had quoted their rates to my customers, they'd have laughed me out of their offices.
     
    Petty Cash, Jan 31, 2020
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  10. TheLoadOut

    TheLoadOut Road Train Member

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    Nope, I just signed up, it's free.
     
    TheLoadOut, Jan 31, 2020
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