Who is getting all this extra money for shipping into Canada?

Discussion in 'Canadian Truckers Forum' started by skipgears, May 25, 2021.

  1. MSQUARED

    MSQUARED Light Load Member

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    So you think it's ok for brokers to be making upwards of 50 percent of loads and even double and triple brokering to skim more off the top ? Especially when they don't have fluctuating overhead like trucks
     
    Last edited: Jun 8, 2021
    skipgears Thanks this.
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  3. mudflap77

    mudflap77 Medium Load Member

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    Its business!! The point is to make what you can regardless of where you are in the chain. Doesn't matter to me if the broker makes 50%, 20%, 10% or -10%, if the load meets or exceeds my requirements I except the load if it does not it dont go in my trailer.
    I noticed that you didn't answer any of my questions so I am guessing you don't want to be regulated by the same rules you want load brokers to be.
     
  4. skipgears

    skipgears Light Load Member

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    The answer lies in transparency. One side of the political spectrum stands firm on minimal government involvement, while the other welcomes oversight and regulation. Those two camps are obviously hard to reconcile. My suggestion is to increase market transparency, so that the driver of the transport vessel is aware of the charges placed by the broker. In result both parties have an opportunity to bid/charge accordingly. This method should in theory balance both income streams between them and also without government oversight. The driver can charge for transport based on the income of the broker, and etc.

    Another thing to keep in mind, business is like playing sport. Yes there is competition, but without rules and adherence to those rules, the game falls apart.
     
  5. mudflap77

    mudflap77 Medium Load Member

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    The information is available. Most load boards have some type of market update either with tools available like truck to load ratio or 15 30 and 90 day avg for lanes or through weekly or monthly market update blogs or news letters.
    Transparency goes both the ways, if brokers have to disclose their profit on a load we would have to disclose our cost.
    Their profit is none of my business and mine is none of theirs.
    If you don't like the rate being offered don't haul the load. If they won't come up to my rate then they can take a chance with who ever will haul it for their rate.
     
    Phantom Trucker Thanks this.
  6. skipgears

    skipgears Light Load Member

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    We disagree. I believe we need to get over the "wild wild west" mentality. We need to become transparent with our incomes and therefore balance the rules of engagement. The era of taking advantage of the uninformed needs to end, and we need to centralize our economy, not only for the benefit of the individual, but also our nation. But no, we shouldn't become China. We should create a marketplace of competition based on the quality of service, instead of price. Because right now that's all you see, undercutting in a race to the bottom. This needs to stop, and we need to rise into higher standards.
     
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  7. mudflap77

    mudflap77 Medium Load Member

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    Being uninformed is a choice.
    Perhaps the regulation should be anyone starting a business has to have a degree in business or some formal business training.
     
  8. Magoo1968

    Magoo1968 Light Load Member

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    Used to be some brokers would check authorities and poor performance in safety would be a no go.. if brokers who use these poor performing companies had some responsibility when they kill or injure people on the road I’d bet the fly by nights up here in Canada would disappear therefore improving rates. Wild Wild West is a great description btw.
     
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  9. MSQUARED

    MSQUARED Light Load Member

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    Transparency would be a Start.

    Last company I worked with I was contacted for percentages loads. I know for a fact they skimmed 3000 dollars of the top of the rate, gave me the rate amd the took there percentage off. In my contract it says I get ## percent of what the load pays, not what you think it should pay.how is that in any way shape or form right and even justified?

    Alot of the problem is these people only see the rates and think it's to much for a trucker to make, yet they do see the over head. Anytime e a truck goes in the shop it's minimum 1000 bucks of your lucky.
     
  10. mudflap77

    mudflap77 Medium Load Member

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    That is totally different then regulating load brokers. That is a unscrupulous shady lying carrier that is breaching the contract they have with you if that is what they are doing. Regulating what % load brokers can take isn't going to make liars and scammers honest. And asking the government to fix something is going to have unwanted consequences.
     
    Phantom Trucker Thanks this.
  11. MSQUARED

    MSQUARED Light Load Member

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    Sad part is you talk to drivers it seems to be happening more and more and we ask now it.
     
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