Tag: brokers: Page 13

Business

Highway robbery: More warning signs in negotiations with brokers

In addition to the “red flags” that ought to give any owner-operator pause during broker negotiations, one would do well to consider the following warning signs invitations to get more information from any broker.

March 8, 2018

Overdrive Radio

Managing ridiculous expectations handed down from brokers

A talk with small fleet owner Leander Richmond for this Overdrive Radio podcast reveals some brokers have gone so far as to make it a contract stipulation that the carrier will be required to send proof of delivery within an hour of offload – or lose all claim to payment for that load. Sound outrageous? We thought so, too, but there’s more. Take a listen.

March 7, 2018

Business

Highway robbery: Ask the tough questions during negotiations to root out the crooks

There’s plenty truckers can do to avoid getting involved with the crooks among brokerages.

March 7, 2018

Business

Highway robbery: Combating dishonest brokers

Even with more broker-checking services available, some dishonest freight middlemen continue to deceive or steal from owner-operators. Things are in play for a technical change long in process at the level of FMCSA to help combat the ‘worst of the worst’ among fraudulent operations.

March 6, 2018

Business

Comchek Mobile streamlining load payment, other transactions for 5,000 new users monthly

Comdata’s wide presence in facilitating load payments/fuel advances has translated to perhaps unprecedented ability for the provider to leverage the transaction ease enabled by smartphones with appropriate security to help drivers and owner-operators “better maximize the use of their day,” company reps note.

March 1, 2018

Business

Shipwell.com freight platform launched

For small fleets and independent owner-operators, the new Shipwell.com platform is anchored by a mobile app and web-based dashboard with a variety of tools that offer carriers opportunity to negotiate loads within the universe of freight shippers and brokers utilizing the platform. Readers would be correct in placing the company among the growing crop of […]

February 27, 2018

Channel 19

‘100 percent OK’ to bring up detention before you get off the phone

‘Don’t leave money on the table,’ redux — that sentiment could increasingly include examinations of revenue and income per hour in your business’ accounting and analysis to help determine effective detention rates in broker/shipper negotiations.

February 13, 2018

Overdrive Radio

Profit — what this trucking thing is all about: A new, simple freight-bid calculator app

In the latest Overdrive Radio podcast, small fleet owner Scott Jordan intros the ICG ProfitCalc app for Android/iOS, a freight bidding app that allows users to input their own annual cost projections as a benchmark for load-by-load rate calculations, per-mile and per-hour, to ensure a chosen profit margin.

January 25, 2018

Voices

POLL: Less-than-upstanding dealings with freight brokers: What have you experienced most?

From a meager truck-ordered-not-used payment after a conveniently “cancelled” load to late payment, no payment and having to file on a bond for hopes of payment, name your most-often-experienced frustration when dealing with freight brokers.

January 15, 2018

Channel 19

‘Here’s to causing a crisis’: Is there a shutdown going on?

Those were among the words of independent owner-operator Brita Nowak, who’s closed her one-truck business in part in protest of the 14-hour rule’s inflexibility, combined with the new record-keeping reality of the ELD mandate.

January 12, 2018

Business

Blockchain: Uncertain future for factors, brokers with less reliance on building relationships, more trust in verified data

Blockchains have been called “trustless,” which isn’t intended to be as negative as it sounds. Rather, the term refers to the trust created by the structure of information contained in a blockchain, which could virtually eliminate the necessity of the personal touch that traditionally has been required to build trust in business relationships

January 8, 2018

Electronic Logging Devices

ELDs put spotlight on the detention quagmire

The uncertainty around detention timing in live-load/-unload situations is perhaps the biggest potential problem for drivers and carriers using ELDs. It’s also one in which ELDs may be the best tool for combatting the issue, to the benefit of drivers and fleets.

December 12, 2017