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Ten Percent, You Say?!

Mar 06, 2020 at 12:33 PM CST
+ 7 - 5

As one can plainly see brokers are taking a minimum of 50 percent off the rate in every state across the nation in the open deck segment. The spread they're taking in the North East region makes me want to vomit. Interestingly, the average pay to the carrier is always around $2/mile regardless of which state the load originates. Do you think this is a coincidence? I don't.

https://lanehoney.com/supply-demand

Replied on Fri, Mar 06, 2020 at 03:29 PM CST
WELL, I must be doing it wrong then.
Replied on Fri, Mar 06, 2020 at 03:37 PM CST
Quote: "WELL, I must be doing it wrong then. "

Start brokering open deck, reefer and/or dry van freight and join the party! I would love to see the data for bulk commodities. Sadly, they don't have any for that segment yet.

Replied on Mon, Mar 09, 2020 at 04:47 PM CST
+ 1
Quote: "Start brokering open deck, reefer and/or dry van freight and join the party! I would love to see the data for bulk commodities. Sadly, they don't have any for that segment yet."

Dry bulk right now is TERRIBLE!!!!, I'm a dry bulk broker/dispatcher and I'm struggling to keep our own dedicated O/O's running with an average of $2.25/mi ALL miles (Which I admit should be MUCH more). This time of year is terrible in the bulk. The loads I broker out will NEVER go under $2/mi (Admittedly that's even VERY slim) Truth be told, I'd sooner keep nothing on 10 loads paying the truck $2.10/mi and hope to make it up down the road than ask a truck to do it for less. I know brokers get ripped on here and many if not most DO deserve it, I just wish the "Good Ones" could get the same coverage. When i can't get my guys moved to or fro ma certain area I will sue brokers and have had GREAT experiences with some of them who work as hard as I do to make the truck a fair rate.
Replied on Mon, Mar 09, 2020 at 05:33 PM CST
- 2

hey man, show me where the 50% is and i will give you back 25%!!! :) :)

Replied on Mon, Mar 09, 2020 at 07:51 PM CST
+ 1
Quote: "hey man, show me where the 50% is and i will give you back 25%!!! :) :)"

Ha! I'm going to have to keep my good eye on you!

Replied on Mon, Mar 09, 2020 at 07:51 PM CST
+ 1
Quote: "Dry bulk right now is TERRIBLE!!!!, I'm a dry bulk broker/dispatcher and I'm struggling to keep our own dedicated O/O's running with an average of $2.25/mi ALL miles (Which I admit should be MUCH more). This time of year is terrible in the bulk. The loads I broker out will NEVER go under $2/mi (Admittedly that's even VERY slim) Truth be told, I'd sooner keep nothing on 10 loads paying the truck $2.10/mi and hope to make it up down the road than ask a truck to do it for less. I know brokers get ripped on here and many if not most DO deserve it, I just wish the "Good Ones" could get the same coverage. When i can't get my guys moved to or fro ma certain area I will sue brokers and have had GREAT experiences with some of them who work as hard as I do to make the truck a fair rate. "

I guess it's to be expected this time of year. Things should be breaking free very soon though!

Replied on Tue, Mar 10, 2020 at 09:56 AM CST

Fuel prices are not helping any segment other then the shipper at the moment.

Replied on Tue, Mar 10, 2020 at 01:00 PM CST
Quote: "hey man, show me where the 50% is and i will give you back 25%!!! :) :)"

Show an actual conformation sheet from the company who owns the product and i am sure he can show you that..
Replied on Tue, Mar 10, 2020 at 02:50 PM CST
I can honestly say I do not go over 10% there are some of you who have hauled for me who know I do what I can to offer a fair rate.I know what it takes to run a truck as,we have our own trucks,and brokering is just a sideline for us to cover the freight from our customers.And by the way thanks to you guys who do help me out.But my advice,again if somebody missed it previously,look at the load on the board,if it says broker,then steer clear in most cases,if it says carrier or shipper,then give a call on it.Its not fail proof as some of these brokers have managed to put shipper on their posts but its usually pretty acurate.
Replied on Tue, Mar 10, 2020 at 03:07 PM CST
Quote: "I can honestly say I do not go over 10% there are some of you who have hauled for me who know I do what I can to offer a fair rate.I know what it takes to run a truck as,we have our own trucks,and brokering is just a sideline for us to cover the freight from our customers.And by the way thanks to you guys who do help me out.But my advice,again if somebody missed it previously,look at the load on the board,if it says broker,then steer clear in most cases,if it says carrier or shipper,then give a call on it.Its not fail proof as some of these brokers have managed to put shipper on their posts but its usually pretty acurate."

Problem is the "Carrier/Shipper" doesn't have a surety bond to cover an unpaid inovice. At least the brokers will have 75k to pay thier bills in case they go under or skip town.