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Tag: broker transparency: Page 5
Business
Truckers âjust loseâ when brokers donât pay
Looking back at the first of a multi-part series exploring issues related to the financial security of freight brokers and how some shady operators exploit loopholes in current regulatory processes to cheat owner-operators, despite unenforced statutes intended to better prevent the practice.
March 27, 2020
Channel 19
The broker-margin transparency federal law already affords to carriers who request it
Owner-operators have a âright to reviewâ amounts paid by shippers, collected by brokers and disbursed to themselves in any brokered freight transaction. But a right does nothing for anyone if not exercised â too many truckers, watchers contend, just arenât aware of this one.
January 9, 2019
Business
Highway robbery: A clouded transparency
You think youâre all set: After 120 deadhead miles, youâre almost to the pickup â when the broker calls. The loadâs canceled, he says, and $150 truck-ordered-not-used (TONU) is coming your way. ⌠True? Or did he just find somebody cheaper âŚ
March 9, 2018
Business
Highway robbery: More warning signs in negotiations with brokers
In addition to the âred flagsâ 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 â or lose all claim to payment for that load. Sound outrageous? We thought so, too, but thereâs more. Take a listen.
March 7, 2018
Channel 19
Disruptive behavior most truckers wouldnât give a demerit
Would margin transparency in brokered freight transactions be a disruption worth lauding? Here, a run back through recent historyâs arguments for â and occasionally against.
June 27, 2017
Overdrive Radio
Audio mailbag: Broker freight transaction transparency rears its head amid rate doldrums
What exactly are those with the biggest stake in any freight movement getting today separated by middlemen? Not much, at too high a rate, one caller among others to the Overdrive Radio podcast line contends.
April 13, 2016
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