CAT Global Inc

G

Gr8Loads

Active Member
Jan 19, 2024
121
85
28
Ontario, Canada
10
CAT Global Inc - we all know who they are so I wont post their info. Looks like we have done 5 shipments with them, everytime same story 30 notice, no response, 50 days promise to pay, 65 days still no money. Trend?
 
that is a bit odd, they are on the lower end of the list of brokers we take work from but we have done 35 loads since 22' for them and payments were always within 40 to 45 days. Have they confirmed receiving your invoices?
 
do you deal with the memphis office or the Quebec one? if its the Memphis one, the dispatchers are pretty good at going to bat for you. Haven't had much success with the Quebec one but to be honest never really needed to.
 
  • Like
Reactions: SandyAWA
We deal with the QC office based on the confirmations. I will find out why they always hold our payment for this long. At my previous employer, it was the same story with them during 2018-2020 - its not that suprising to be honest.
 
They are a last resort broker for me.

The used to be much better years ago. Now they offer rock bottom rates and do not pay accessorial charges despite agreeing to do so.

I have 2 invoices open with them. 1 at 79 days and another at 148 days open.
 
  • Like
  • Wow
Reactions: NTravels, Pinktruck4, MLCAR and 1 other person
TRC604 said:
They are a last resort broker for me.

The used to be much better years ago. Now they offer rock bottom rates and do not pay accessorial charges despite agreeing to do so.

I have 2 invoices open with them. 1 at 79 days and another at 148 days open.
Click to expand...

There you go, sounds about right.
 
  • Wow
Reactions: MLCAR
Gr8Loads said:
CAT Global Inc - we all know who they are so I wont post their info. Looks like we have done 5 shipments with them, everytime same story 30 notice, no response, 50 days promise to pay, 65 days still no money. Trend?
Click to expand...
We don't do any direct business with them but do compete on 2 accounts.

Recently, we've had carriers asking us to get specific lanes they do for CAT as they are not getting paid timely.

Small sample size as it was only 2 carriers but interesting none the less
 
  • Like
Reactions: Chica and MLCAR
TRC604 said:
They are a last resort broker for me.

The used to be much better years ago. Now they offer rock bottom rates and do not pay accessorial charges despite agreeing to do so.

I have 2 invoices open with them. 1 at 79 days and another at 148 days open.
Click to expand...
well damn, we haven't booked much with them lately. will steer clear.
 
We did a few shipments for CAT Global and we actually just got paid by them yesterday. Our invoices were sitting at 31, 33 and 37 days. But initially when we sent them the invoices, it took them 5 days to respond that they received them and that they will upload them in their system.
 
  • Like
Reactions: MLCAR
We have 3 invoices with them 2 are less than 30 days but we have one at 150 days which is only for $150 it was a TONU.
 
Find out which insurance company is proving their surety bond and reach out to them. Of course the loads have to be cross border in nature and all of your paperwork should be complete.
 
  • Like
Reactions: Gr8Loads
loaders said:
Find out which insurance company is proving their surety bond and reach out to them. Of course the loads have to be cross border in nature and all of your paperwork should be complete.
Click to expand...
Shakey said:
Click to expand...

Yes all our documents are in order. It was one of the simplest moves that I did for free for them out of Ajax to Middletown, NY - Needed to get out there for a rush backhaul.

Since we are filing against their Surety Bond - we are actually doing it with the Surety provider? Not FMCSA or another body that control it right?

Basically call directly to the insurance provider and tell them that we want to file a surety claim against Policy# so and so?
 
  • Like
Reactions: loaders
Yes. The FMCSA is the regulatory body that administers commercial trucking. The insurance company will be listed on the Safer.com website provided of course, that they are registered with FMCSA in the first place. Good luck.
 
  • Like
Reactions: Gr8Loads
I used to do a lot of loads with them till my invoices started to pile up to more than 180 days and then we came to a point where there accounting was not responding or if they responded they said chq will be mailed out soon . I even offered them that if it is chq we can pick it from their office whichever part of country their office was in but they never responded to that .

So we held 1 load for delivery till they cleared our invoices . Got paid the very next day for all the invoices , Direct Depost in account .

No Carrier likes to be the type of person to hold loads to get paid but these big brokers need to realize we have assets and employees to pay for as well . If you get paid for your loads why not pay carriers .
We put them as DNU (P.S - they put us as DNU in Their system as well . )
 
  • Like
Reactions: Ken8997, Moose, tasuinam and 2 others
You must log in or register to reply here.
Top Bottom