Mar 28, 2017 at 10:47 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
I got a settlement in for several loads. The broker took out $5 on each load for admin fee. I never heard of that crap in 40+ years. Anybody else been sucker punched with that type fee? I thought waiting 70 days for payoff should be enough punishment.
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Replied on Tue, Mar 28, 2017 at 11:31 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
If that happen to me and he was not paying for 60 plus day i would sent him a bill for interst on the feight invioces. and if he didnt pay you the money you can put a claim on his bond
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Replied on Tue, Mar 28, 2017 at 01:50 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
That seems low on their end in my opinion. I would not be suprised though to see more of that in the future, where as they go away from a standarized percentage base and start figuring rates with fees. That way they can make themselves even sound better and confuse the drivers even more. .25 cents a ton here, .15 cents a ton here, .05 cents a ton here etc. Before you know if they are sitting well over the standard 10% flat rate and the drivers don't even calculate it out.
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Replied on Tue, Mar 28, 2017 at 01:51 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Low as in dirty rotten scondrals
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Replied on Tue, Mar 28, 2017 at 08:08 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
70 days!?!? Wow, I always put a days to be paid by when I accept a load and that is agreed unpon be for it goes one more step.
Also stick with well known and trusted brokers. to many fly by night crew out there. I think with the foriegn contingant working out of a home or a car here in your neighborhood, Iwould have the broker sign paperwrk to prove jis fitness. |
Replied on Tue, Mar 28, 2017 at 08:23 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "70 days!?!? Wow, I always put a days to be paid by when I accept a load and that is agreed unpon be for it goes one more step.
Also stick with well known and trusted brokers. to many fly by night crew out there.
I think with the foriegn contingant working out of a home or a car here in your neighborhood, Iwould have the broker sign paperwrk to prove jis fitness."
Jeff
1. These loads were with a well established broker with perfect credit rating 2. Contracts/confirmations say payment in 30 days. |
Replied on Wed, Mar 29, 2017 at 07:02 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
I'd check the in thecontract and confirmation to verify that fee is stated on the paperwork. If not, I'd file a claim on the bond. Squeky wheel gets the grease.
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Replied on Wed, Mar 29, 2017 at 10:01 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Why not just call them and ask them about it?
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Replied on Wed, Mar 29, 2017 at 04:48 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
in the future just tack on a 10 dollar admin fee of your own....
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Replied on Wed, Mar 29, 2017 at 10:02 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
After 30 days I charge 1.5% interest(18% annual) and 35 dollar late fee. Always fax it to the broker with other required paperwork.
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Replied on Wed, Mar 29, 2017 at 10:07 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "After 30 days I charge 1.5% interest(18% annual) and 35 dollar late fee. Always fax it to the broker with other required paperwork."
Sounds good to me.
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Replied on Wed, Mar 29, 2017 at 10:07 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "After 30 days I charge 1.5% interest(18% annual) and 35 dollar late fee. Always fax it to the broker with other required paperwork."
Sounds good to me.
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Replied on Wed, Mar 29, 2017 at 10:07 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "After 30 days I charge 1.5% interest(18% annual) and 35 dollar late fee. Always fax it to the broker with other required paperwork."
Sounds good to me.
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Replied on Wed, Mar 29, 2017 at 10:07 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "After 30 days I charge 1.5% interest(18% annual) and 35 dollar late fee. Always fax it to the broker with other required paperwork."
Sounds good to me.
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Replied on Wed, Mar 29, 2017 at 10:08 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "Sounds good to me. "
Dang. My phone is stuttering
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Replied on Thu, Mar 30, 2017 at 09:50 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Check your contract and rate con fine print. As a broker I've seen some weird things that carriers charge for over the years (got charged for postage once lol). If nothing is listed make a call over to their accounting department and demand a check for the remaining to be emailled over to you that day or you will be filing with their bond.
If they don't send you the check via email file the bond. Waiting 70+ days is complete BS unless their was a claim or missing paperwork. Some friendly advice as a broker, nothing gets our attention quicker than a bond file. However, I'd advise being reasonable with it. Nothing is more annoying than some guy pounding his chest about wanting his money when the invoice was dated 1/1 and the invoice wasn't received until 1/12 with a postmark of 1/9 and the date is 1/31. - These are the guys I dont work with anymore. Over 50 days without confirmation payment is a reasonable amount of time to file in my opinion. If you are not doing your due dilligence and following up a week after sending the invoice to confirm receipt and pay date, and then following up on the pay date to confirm it is being sent, then that is also an issue. When I am paying ahead of time (less than 30 days) I'll go ahead and look for carriers that I know have called asking. Guess who gets paid first. Best of luck and always read the terms and contracts - my best guess is this is some crap about invoicing. They probably prefer emailed over mail or something like that. Still garbage though. Things like a comcheck convenience fee is somewhat more reasonable. We've done away with them ourselves. Side note for those who complain about comcheck fees - they charge me $150/month just to be able to use the service and $6 for every $500 on the check. It's insane what gets dished out per month on comchecks. Best of luck |
Replied on Thu, Mar 30, 2017 at 10:24 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Jerry this BS as well as nearly all the bitching on this forum has to do with leverage its as simple as that. Heck on this very forum you can see 10 posts bitching about how low rates are and how hard it is to make a living. Then some excited new business owner gets on the same forum asking about what kind of hopper to buy for doing the same exact BS everyone on here is bitching about. That new excited business owner is 100% of the problem with this industry. Then again that guy is also what America is all about. All that being aside 70 day pay from a broker is unacceptable. Why didn't you mention the brokers name? If there was no missing paperwork or anything else the carrier did to cause any payment delays simply telling about who is paying 70 day frieght is something that needs to be done.
That happened to me this year with a company i did some work with through this site and at 35 days i had him on the phone and briefly described how i was simply going to tell my story on this forum using his name so other customers and carriers understand how his company does business. less than 5 days later i had a check paid in full for my work. Its not slander to tell the truth about your experience with a broker or customer. As a carrier and a broker i would appreciatte knowing who is paying 70 day frieght as well as who is charging a $5 admin fee for processing a load! |
Replied on Sat, Apr 01, 2017 at 10:25 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "Jerry this BS as well as nearly all the bitching on this forum has to do with leverage its as simple as that. Heck on this very forum you can see 10 posts bitching about how low rates are and how hard it is to make a living. Then some excited new business owner gets on the same forum asking about what kind of hopper to buy for doing the same exact BS everyone on here is bitching about. That new excited business owner is 100% of the problem with this industry. Then again that guy is also what America is all about. All that being aside 70 day pay from a broker is unacceptable. Why didn't you mention the brokers name? If there was no missing paperwork or anything else the carrier did to cause any payment delays simply telling about who is paying 70 day frieght is something that needs to be done.
That happened to me this year with a company i did some work with through this site and at 35 days i had him on the phone and briefly described how i was simply going to tell my story on this forum using his name so other customers and carriers understand how his company does business. less than 5 days later i had a check paid in full for my work. Its not slander to tell the truth about your experience with a broker or customer. As a carrier and a broker i would appreciatte knowing who is paying 70 day frieght as well as who is charging a $5 admin fee for processing a load!"
You are absolutely correct Matthew. After i made the comment about it on this forum I recieved a direct deposit and an apology from them.
My next project is to file on a broker who seems to be stiffing me. I WILL post his name rank and serial number if we don't have a settlement in the mail this coming week. |
Replied on Sun, Apr 09, 2017 at 12:27 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Quote: "You are absolutely correct Matthew. After i made the comment about it on this forum I recieved a direct deposit and an apology from them.
My next project is to file on a broker who seems to be stiffing me. I WILL post his name rank and serial number if we don't have a settlement in the mail this coming week."
Matthew the deadbeat/no pay broker is American Petrolog out of Lafayette, La.
2 trucks were on a daily job to move fuel. When we werent paid and I called him his excuse was that both trucks were rejected. The trucks were in place and followed instructions. I've never heard of rejecting equipment AFTER the job is completed. what actually happened was there were too many trucks ordered for the job and several other carriers were released as well but I have no idea if they were paid or not. |
Replied on Sun, Apr 09, 2017 at 03:33 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
American PetroLog
http://americanpetrolog.com/about-us.html https://www.facebook.com/americanpetrolog/ |