Home > Forum > Coso Logistics

Coso Logistics

Aug 28, 2019 at 03:10 PM CST
+ 4
I am just wondering if this is a scam? I saw a load from Louisville to Joliet on Bulkloads and said email this for load info. I eamiled through Bulkloads and also through my personal email and have gotten no response. The phone number is all 8's so it is bogus. Why waste our time with BS postings?

Anyone else noticed this post?
Replied on Thu, Aug 29, 2019 at 12:35 PM CST

According to SAFER, they are not authorized

Replied on Fri, Aug 30, 2019 at 02:34 PM CST
+ 1
Originally Posted by: DAVID PRYOR
Quote: "According to SAFER, they are not authorized"

I noticed that too!
Replied on Fri, Aug 30, 2019 at 04:33 PM CST
I received an email from them asking me to fill out driver forms and wanting me to haul freight. Never heard of them before this forum.
Replied on Sat, Aug 31, 2019 at 09:20 AM CST
Originally Posted by: DAN EISCHENS
Quote: "I received an email from them asking me to fill out driver forms and wanting me to haul freight. Never heard of them before this forum."

Me too.
Replied on Tue, Sep 03, 2019 at 07:43 AM CST
- 1
They sent me a email about lanes I asked them what lanes they had then they sent a packet wanted me to fill out and then they would discuss the lanes so now anything from them goes to my spam mail box
Replied on Fri, Sep 06, 2019 at 08:15 AM CST

Has anyone hauled for them and got paid

Replied on Fri, Sep 06, 2019 at 08:09 PM CST
- 1

I can ensure we are an authorized freight brokerage that is not a scam.

Just recently started up and got a bulk loads account. Was just learning how it all works.

I do have a load in Louisville as well, haven’t heard from anyone.

Feel free to give me a shout [email protected]

will happily address any concern

Replied on Fri, Sep 06, 2019 at 08:09 PM CST

The employer I left to start my own brokerage, did not use Bulk Loads, used a proprietary load board. Sorry for any inconvenience on the wrong phone number.

Replied on Sun, Sep 08, 2019 at 09:37 AM CST
+ 2 - 1
Originally Posted by: KEITH CHRISTERSON
Quote: "The employer I left to start my own brokerage, did not use Bulk Loads, used a proprietary load board. Sorry for any inconvenience on the wrong phone number."

What kind of payment terms do you have?

Do you have enough capital to pay carriers in a timely fashion or are we expected to wait till you get paid?

Are you familiar with bulk freight?

Do you have your own customers?

If not are you following the example of these other pop up brokers by double brokering or "co brokering" as they like to call it?

Just yesterday I was emailed a load list from one of these new overnights. Surprise surprise their load list was exactly the same as known brokers load list. My opinion, that is shady and unethical. We don't need another hand taking out of the cookie jar. 1 hand is plenty. Then when a problem arises and the 2nd broker can't get the 1st broker on the phone what happens? Not like the 2nd broker is gonna get anywhere with a shipper or receiver. They don't have any obligation to you. Their agreement is with the original broker. Therefore the trucker is left hung out to dry and you get a bad name. Double brokering probably not a good business plan.

Replied on Sun, Sep 08, 2019 at 09:37 AM CST
Originally Posted by: KEITH CHRISTERSON
Quote: "I can ensure we are an authorized freight brokerage that is not a scam. Just recently started up and got a bulk loads account. Was just learning how it all works. I do have a load in Louisville as well, haven’t heard from anyone. Feel free to give me a shout [email protected] will happily address any concern "

Couple more question. According to fmcsa you were granted authority on 9/5/19.

You had posted loads prior to that date. That in itself is a concerning issue.

How were you able to broker anything prior to that date?

Is there a grey area in the rules that would allow such a thing to happen?

Wouldn't that be deceiving a carrier if you happened to broker a load prior to the 5th? Obviously they would have trusted you, assuming you were legit and not doing any research of their own.

Replied on Sun, Sep 08, 2019 at 09:38 AM CST

Josh,

As stated I was just tying to figure out bulk loads. Did not broker anything before my start date. Yes I do have companies to broker for.

- extremely familiar with bulk freight

-we do not work with other brokers

-payment terms: 1-3 days within invoicing

- Josh, give me a call sometime if you have any other questions.

Replied on Sun, Sep 08, 2019 at 09:38 AM CST
- 1
Josh, Can also note we are experienced in the bulk transport industry. My coworker and I both did logistics management for a large ethanol company. When they shut their doors “indefinitely” we both decided to give this a shot on our own. - We do not work with other brokers. - We have asset based elevator customers - Completely agree double brokering is to many hands in the game, I myself was a hopper driver in college in the 90’s during harvest time. - We are looking to provide consistent work, fast payment, and even dead head pay. - Through my experience on the asset based side, arranging trucks and brokers for inbound and outbound shipments, I have realized and taken into account many flaws of other brokers, taking these observations to our brokerage ensuring our drivers are treated properly and fairly. - I understand drivers need to make the money, and I pride myself in looking at our business as a valuable service to our drivers. Per our accountant, we would rather pay same day than wait two weeks, that way we settle the load and move on. - I believe being a hopper driver, working as a logistics manager, and now working on the other side gives me experience from multiple points of view. - Thank you for your concerns - any questions and comments are appreciated; not here to screw any drivers out of money or double broker, looking to build honest relationships with drivers and customers. * Had two brokers contact me already asking if they would be able to work with me, stated to both that we do not double broker. - Apologies yet again for posting loads before out authorized date, I was simply checking out this load board, no loads were brokered, no loads are booked at this time, ensuring we have drivers that work well for us, and drivers that we work well for is a large concern of mine. - Cheap freight does not cut it for our business. Cheap freight = non reliable drivers who will cancel etc. - Not looking to undercut anyone and personally believe drivers need to stop under cutting eachother. - With the shortage of acres this year ( the USDA says otherwise) and closing of many Ethanol Plants, exports are down, and we have a surplus of drivers in the United States. I do not believe Trump will get a trade deal done with China. Trump has limited time, the Chinese President has his whole life, I think China can hang on for the near future. Now that brings into question South America’s crop, and yes their infrastructure is horrible, however this is already known and accounted for. I would expect based on the USDA and Pro Farm Tour a lot of grain will be shipping east out to Indiana for the ethanol plants who are able to keep their doors open. Question is, what can we do to get our drivers moving back west. Obviously Joliet is a hub for container loading DDG’s due to its rail access. If the current US weather conditions hold strong, we will have a better crop than anticipated. For drivers this is great; larger crop = more grain to move. For farmers it is a double edged sword. Better crop = more supply = Bearish Futures Market. - Another thing to account are the spreads on the Board Of Trade, there are large carries in the market (almost $.13/bu on soybean futures) this means if they hold from the SX9 to SF20 - SH20 - SK20 they are looking at almost an extra $.40/bu for simply storing this in their bins. May have quite a bit of guys looking to hang onto grain, this is entirely at this point, a weather based market, let’s hope for the best. - Really hoping to see export news shortly, free trade is the best economy for us in the industry. Although we do not want to give into unfair trade deals, a resolution to some of these issues would greatly help our industry. - I have noticed rates going down already with the decrease in movement. My guess would be we have the same supply of drivers, less loads moving, drivers are cutting other drivers and setting a “norm” for freight in the $2.00-$2.50/loaded mile range. - MY THOUGHT: Do not drop rates in hard times, know what your operation is worth, know what you bring to the table, know without drivers nothing will move. Have a great rest of the weekend, that is my two cents.
Replied on Sun, Sep 08, 2019 at 09:38 AM CST

Josh,

Also addressing your concern on “Grey Areas” although we were not and will not operate in a “Grey Area”. I was simply getting used to the Load Board and did not realize what I had done.

I do have an answer/guess to this. The way around having a brokerage license and still booking loads and trucks is to operate as a Logistics Management company rather than a broker. To my knowledge it is essentially the same thing however Logistics Management works on an extra fee rather than making money in the middle on trucks. Either way if the customer is only paying $.80/bu and now has to pay a $.10 fee - they are expecting the load to get done for $.70

I am not entirely sure as to the legality of that without a brokers license but I would imagine that can be a “grey area”.

As for the pop up brokers double brokering every load without relationships, you could always call the elevator you are picking up from and reference who they have listed as the broker.

Personally don’t have good experiences with them. Had one guy in the past email me at my previous employer asking if we were interested in a logistics management program. I gave him rates, info, etc. then was asked for a list of my drivers and trucks who run these routes. So what does he do then “will not have to worry about multiple invoices etc” doesn’t fly with me.

Replied on Thu, Sep 12, 2019 at 12:49 PM CST
+ 1
Your email must be shut off then because I sent an email on Bulk loads as well as from my personal email. Actually I sent several and have gotten no response. It's ok. We can find loads from people who return communications in a timely fashion!
Replied on Fri, Sep 13, 2019 at 08:01 AM CST
- 1

They did get their Authority now. I have used them.

Replied on Fri, Sep 13, 2019 at 08:30 AM CST
Or vise versa
Replied on Fri, Sep 13, 2019 at 03:00 PM CST
+ 4
Why does a broker need to use another broker?
Replied on Mon, Sep 16, 2019 at 07:22 AM CST

Ed, my email is [email protected].com

We have full time dispatch and I am sure they would not have missed your email.

Feel free to email me or call anytime.