Home > Forum > BROKERS CHARGING FEE'S TO PAY YOU IN A TIMELY MANNER.

BROKERS CHARGING FEE'S TO PAY YOU IN A TIMELY MANNER.

Dec 03, 2017 at 09:15 AM CST
+ 13 - 2

No where in any industry is there more abuse with payment for services provided than in the trucking industry.
Why have we allowed this to get so out of control that nearly every " TOM, DICK, or HARRY" with a broker license
believe it is exceptable to hold a mans money for more than 15 days and not be required to compensate him for the use
of his money???? But if you request payment for servises provided, your required to pay them any where from 2-5% of the gross for early payment.
This is clearly a racket in the industry that must be stopped. I transport goods for many shipper direct, and all of them pay me within 10 to 15 days. If little ole me can get paid why cant they. Well its because they take their time in billing the customer and the have little or no money invested in the load so "no worries" Mean while we have hundreds even thousands invested in each load no to mention the responsibilities required us on each load and its safety.
Remember guys they need us more than we need them. JUST SAY "NO" They will call you back to negotiate. And if they don't they never had the load in the beginning.
There is a increasing number of brokers operating out there that advertize loads on this load board that isn't their frieght to start with. When they tell you they need to check to see if the load is still avaible, that is a pretty sure fire way to tell they never had the load to start with. In fact they were brokering it or advertizing it for some other brocker. I challenge all carriers big or small to join me in a campiagn we'll call " PAY ME NOW" no fees, no checks in the mail for three weeks lies.
We are all required to pay our debts on time or we're charged a late fee. This rule should apply to all those whom owe us....No where else in the world are you charged to get a pay check on time but in this industy.
That ends my rant !!!
You all have a good day.

Please excuss any miss spelling or typo's
I'm a truck driver not a typist

THANK YOU



Replied on Sun, Dec 03, 2017 at 10:16 AM CST
+ 1
Remember the days of you getting half pay on pick up..and the other half on delivery? What ever happened to that?
Replied on Sun, Dec 03, 2017 at 10:21 AM CST
Back in the day, before the internet, you either worked direct or for local brokers.
The standard procedure back then was walk into the broker's office and walk out with a ckeck. No hassle, no extra fees. Now days every Tom, Dick and Harry
wants to be a broker, but none of them have enough capital behind them to pay their freight bills on time. So they expect the driver's to fund their brokerage by holding their money.
I beleve that with the invention of the fax machine that all brokers should still pay upon reciept of proof of delivery.
Just my opinion.
Replied on Sun, Dec 03, 2017 at 08:53 PM CST
+ 1
actually the oilfield works the same way.....I ran a company in south texas a few years back and we were on 30 day pay...if we anted to be paid bi-weekly it was 2% and if we wanted weekly or sooner it was 4% and we were not involved in transportation we were a service company.
Replied on Tue, Dec 05, 2017 at 03:07 PM CST
And many people don?t take into consideration all fees and extra expenses we have while waiting for money we worked for
Replied on Wed, Dec 06, 2017 at 06:43 AM CST
There are some in this business that aren't too smart and easy prey.
Replied on Wed, Dec 06, 2017 at 11:10 AM CST
Or pickup and deliver like they pay...when ever...in a few short weeks..there wont be the amount of trucks..or drivers out on the road..to haul these loads.. then what? Maybe charge them a percentage if they dont pay on product received at drop off time..
Replied on Fri, Dec 08, 2017 at 05:51 AM CST
Good luck with that.
I'm seeing more and more company trucks with electronic drivers in places that once only owner ops existed. They have multi trucks and drivers.
Replied on Fri, Dec 08, 2017 at 04:41 PM CST
- 1
Here's my take, and I could be wrong... Working in an office seting, I know that most of the time, the invoices being paid for were on a 30 days net. For example, you haul a load for me... I get your paperwork and I request paymeny from the shipper... I receive that payment within a few days and then I cut you a check because I've goten paid from the shipper... But I understand that some may wis to get their money earlier... so I have a line of credit that is setup that I can draw money from... I'm charged a fee and it costs me money so I charge the driver for this convience. Now, I don't agree with being charged anything to get MY money but under contractual agreement.. and read carefully.... UNDER the contract that you signed it states that payment in 30 DAYS... which is the case with most brokers that don't have a vast amount of CAPITAL to pay YOU and wait for theirs.... the major grain companies can afford to pay within a few days because their bank accounts have severl 0's behind the leading number and tey can spent money they haven't received yet... in most of these cases, they hold product anyway so they are able to pay upfront... What I think some of us don't realize is that alot of these brokers aren't more than a chic or a dude peddling loads from their living room.. with a computer and a printer in the corner... so they aren't financial giants in this industry... just merely a connection between a shipper needing stuff hauled and a dtucker needing a load... I deal with quite a few brokers that pay weekly and don't charge a dime... but they, like I said, have alot of 0's in their bank accounts and can afford to wait on their coins..... just my .02
Replied on Fri, Dec 08, 2017 at 04:59 PM CST
Isnt it funny how when the congress deregulated trucking that they just happened to not have any way to collect through the DOT..the way it used to be..you turned in bill ...15 days it was to be paid.. or you could complain to the ICC..and funny thing would be in your mail box in a couple of days..its funny how brokers cant realize that it takes massive amounts of money for a truck to operate for that month or two that they dont pay the trucking company..and the shipper doesnt give a rats rear..they already got what they wanted out of the deal..and could care less about spending money..ive had my truck leased to companies..the minute you pick up the load.. the shipper is billed..and a check is cut within a day or two..and today with electronic checking and billing.. it should be less than that..there is no reason why it cant be done.. when you are talking about that 1000 dollar load.. shippers are talking about 50000 dollars or what ever in intrest that they get to collect..when they sell their products they are normally paid that next couple of days or sooner..i know for a fact that a gasoline station.. when they order the gas..the money is taken out of the gas stations account before it is even shipped..NOW WHO IS DRAGGING THEIR FEET on paying? And why do trucking companies get to eat it?