Preying on struggling truckers

Traffic Tech as well

I said their rate was too low and they told me there were trucks sitting so a cheap rate would work
 
We all must remember this when things are good and put the screws to these guys when we can. The problem is short memories in our business.
 
C H Robinson, Traffic Tech etc etc

I agree with Low Miler. Dont know about the rest of you but we are compiling a list of brokers who have employed tactics as described by the two firms mentioned above.

The day will come, when they need us more than we need them! Cant wait for the tables to turn!!
 
Yes. The tables are going to turn. I can't wait. When this slow down is over, shippers and load broker alike are going to pay thru the nose. No more Mr. Nice Guy.
 
Thank you!

As a broker I agree. They do not pass on to their customers.... the customer goes, but then return for service reasons. The good carriers (you) will put the good brokers (me) freight ahead of the goons. I thank you all for that - and the reason I am standing by my rates.... although my nails are getting shorter!

In seeing the posts of a recently filed Longbow - I can assure you - what goes around, comes around, and people will get their due.
 
Mississauga to Houston $2500? That is brutal. I hope nobody moves this load for CH Robinson. I wonder how much the shipper is paying them. That works out to be a $1.55 or so. Unreal.
 
I just had a broker send me their contract and I could not beleive what I read. Please advise if there are Carriers out here agreeing to this type of condition.

"After movement of freight, the ultimate payer of freight charges defaults on payment for ANY reason, Carrier and Broker agree to proceed against the debtor with costs and collections equal to the applicable ratio agreed on the original movement".

In other words if the Shipper fails to pay Broker for ANY reason the Carrier is SOL.

There is more I would like to say but I will refrain from doing so on this site.
 
There are too many carriers jumping for any freight. I would bet that many have signed without even understanding the contract.

I guess the carrier now expected to check the credit of the Shipper, too?
 
This is the law

I've never seen a broker doing that before, but it is the law. With trust accounts if the money is not in trust, how can the broker pay you legally, without robbing Peter to pay Paul?

I would think it's a good idea for a carrier to do credit checks on all shippers. We do.
 
Bison is getting on the list $500 Toronto to MD with a Saturday delivery.......the list goes on
 
You mean Bison Transport? So it's not just some brokers that offer cheap freight, but transport companies as well. Hmmmm, I wonder if they maintain a freight brokers trust account in Ontario as per the Highway Traffic Act?
 
Pablo, I am curious about your comments on trust accounts. Is it your position that your company is prepared to obtain and offer financial statements for assessing the credit risk of your clients?
 
Yes

We have them on file, I don't see why we couldn't share them with the carriers we do business with.

I'd have to think about it though. The customer has singed a piece of paper authorizing us to do a credit check on them. Under privacy laws, not sure what the ramifications would be in giving it to a 3rd party.

Also, not sure if the credit agency we purchase them from would alow us sharing them with a 3rd party. They may want to sell them again.

What I'm saying is that if your a carrier picking up a company "A" for a broker you should take into account what your exposure is, and if company "A" declares bankruptcy and fails to pay the broker, what would the implications be for you? If your exposure is large, you may want to keep tabs on the credit of company "A".

Under the new trust account that David Bradley lobbied for on behalf of the OTA/CTA in the scenario I just mentioned, the monies would not be in "Trust" for you to make a claim against the broker.

Just an FYI. These are troubling times. We all need to be diligent.
 
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