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- Thread starter duke22
- Start date
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Can you clarify this?
You paid him in USD and then requested the difference back?
I didn't properly follow the story below, perhaps I need more caffeine!!
Keep well,
Mike
You paid him in USD and then requested the difference back?
I didn't properly follow the story below, perhaps I need more caffeine!!
Keep well,
Mike
30
Must of been a tight margin if a 9% swing give or take caused a loss. Sorry but I thought all you brokers where working on your 33% rule!!
If you are making 33% on freight, the only thing I can see happening is you are getting paid USF and paying Canadian without changing the margins you made previous to the dollar swing, aka you made 10% and then you get the added 20%. I can say for sure that I have never made 30% on a truckload in my entire carrier, I have on ltl but the margin is deceiving as the payout is always less than $100. This situation was different, the carrier was set up in USF wrongfully, and my client pays CDN, you can see why a 20% differential could be an issue.
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You poor, poor, misguided soul ... tsk, tsk, tsk.
The rules are very simple. The sooner you understand them, the easier it will be for you to come to grips with the fact that you do in fact need that night shift job a Timmies.
1) The broker takes 33% of the top, then flogs it out (you never see this part).
2) The broker takes 8% off the remainder (this is the part you do see, and it makes the broker look like a friggin' hero).
3) The broker gets paid in USD and pays you in CDN (once every 20 years this goes upside down as the Canadian dollar outperforms the US dollar).
4) The broker keeps the FSC (mainly because his/her SUV sucks up more gas than your 1976 KW Aero COE with a Cummins Big Cam IV in it).
5) The broker pays you 45 days after he gets paid, and you thank him (or her) for not taking 60 days.
I have an extra Timmies application here if you want it.
You brokers do know I'm kidding right ??? I just couldn't pass up the opportunity to poke a little fun at Rob
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