STOP Freight BROKERS! Trucking Industry Problems 2024

STOP Freight BROKERS! Trucking Industry Problems 2024
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There are many issues occurring in the trucking industry and many fingers being pointed at who the perpetrators of those problems are, and among them is freight brokers. Brokers are especially met with hate as the cause of many of the issues that truckers face in the industry which leads us to ask the question... are freight brokers to be blamed for the issues being faced? Join Ronen as he explores the challenges brokers and brokerages face, and what is currently happening in the freight brokering industry.
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📚 Chapters
00:00 Introduction
00:29 What Is The Commissions Problem?
01:04 The Short-lived Nature of High Commissions
02:37 What Is A Broker's Biggest Competitor?
03:05 The Decline of Brokerage's Profit Margins
03:50 How To Book Consultations With Ronen Directly!
04:33 How Online Presence and Marketing Affects Brokers
05:45 Is Capping Brokers Fair?
06:56 What Actions Should You Be Taking To Navigate Today's Market
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[@bigjim3644]

I can't tell you how many times I've delivered loads to small companies and the owner asked how much i was paid to deliver and found my suspicions were correct. The broker kept almost half what was paid. Brokers are absolutely stealing from truckers. 100% true. Brokers are a huge problem in the industry.

[@Jonesy21852]

I just booked a 700 mile reefer load from WI to MO, first guy I got on the phone said he could do $1750 but then said because I didn’t have any equipment inspections that I would need to talk to their compliance team and he gave me their number, I called and they approved me for the load. I call back to the broker side and talked to a different broker but he’s saying $1500, I told him what happened and what price I agreed to take the load, I declined to take the load for $1500. The original broker called me back saying he could do the $1750. Tell me how brokers aren’t the problem!

[@TruckerPhill]

100% they ARE to blame !!!

[@TheTruckerTucker]

TQL gave me a load today for $500 medical supplies, the shipper was distraught when he heard me mention my rate to another owner operator who asked me. He paid i STG $3,000 to move it ! This is a fact I didn’t ask he just told me. Craziest thing I ever heard

[@ceasarwright7567]

Why u doing loads for TQL ? They are the Worst of the Worst .

[@TheTruckerTucker]

@@ceasarwright7567 I needed to be at the destination and deadheading there was not ideal! Never again though

[@christophererb4382]

Actually I think it's the shippers, why anyone would work with tql is beyond me. Tql as a driver is my last option.

[@Jose-gq8wc]

That's why when a broker lowers the rate on a lane by $500.00 from one week to the next, I go and try to get in touch with the shipping manager or the sales team and I try to get in with my rate. As a small carrier, I can't tell you how much brokers help me go back and beet them on their bitting for loads.

[@realesttrucker5765]

And that's exactly the problem with this industry. People are bidding themselves out for LESS more and more often thinking they're doing something good.

[@Jose-gq8wc]

@realesttrucker5765 Agree but it's a business if they can bit so can a carrier got to know ur numbers.

[@jimmyconway6080]

They’re not forcing you to take their shitty rates. Stop hauling cheap freight😐

[@arthurmouradian5978]

Yes . Do not take the low rate and complain about it just refuse it . Understanding Supply and demand and that the freight industry is fragmented. These concepts are crucial to your trucking company’s long term success

[@mr.awesome1576]

I actually used to work at TQL (everyone’s favorite) and they would screw us brokers too. They offered on average 15-20% commission per load and we wouldn’t see any of that money until we got more commission than our base salary. Basically a draw. So that would basically force us to overcharge customers and under pay carriers just so that we could make a living. I couldn’t do it anymore

[@ceasarwright7567]

TQL is a Scam of a company , they prey on small Trucking companies and dont care about scamming them. They have been black listed for years.

[@danf6975]

You don't take into account that you have to get the customers And the very large brokerages will sign contracts with the customers and then Hand the contract back as unfulfillable after 2/3 of the contract is done and they have gotten a lot of the money They will tell the customer that it's because of the economics And that it is the customers fault for not paying more I've personally seen it That's just one way that the brokerages get huge profits Also large brokerages lockdown entire areas by under bidding people for a short time until they get a contract and no one can get customers in that area

[@gustavov.5225]

I completely agree with you on caping, when most of my friends were pro-caping brokers I was the unpopular OO against. Every industry has its up and downs, and we have to be prepared for it, but once capping begins, it could spread to every industry and capitalism ceases to exist.

[@NorthAmerican-Trucking-News]

Glad you agree!

[@hoodooking1133]

The problem is with brokers and they will just close down and open another company ive had loads that was also delayed from bad weather and had to sit for 4 days for another appointment or writing at a bay for 15 hours at amazon to get unloaded and not get oayed for my time. The shippers should be fined by the government for delaying trucks for dayslike the way they do if your 1 hour late for a 2000 mile load and id prefer set rates because most of the times we dont even make $2.50 per mile and im 150% sure brokers are all taking 40% to 60% off loads i know ive been booking my own loads for 10 years and been in the industry for 25 years brokers and receivers are the problem and those crooked carriers in chicago

[@ericunfiltered7175]

I’m a broker.. all I’m going to do is go buy around 10 semi truck and use my skills to take away the route from that owner operator

[@NorthAmerican-Trucking-News]

What a plan... Why not establish a different route and leave the o/o?

[@njgiant1]

Its the shippers and receivers they pay the freight cost they need to set their own load boards up 😲

[@taigerah]

the Answer is yes..... But i respect your analysis!

[@dragandrag24]

For how long where the rates up compare with rates down? 18 months ago was just a small peak.

[@504youhoob]

Probably depends on the brokerage. Also are inflation is sky high people have less money too spend and there fore customers are going too pay less because they can’t sell as much. But brokering must be transparent with the funds due too the fact of all the overhead of truckers.

[@Stavros1977]

I blame the carriers for accepting cheap prices

[@sosanotsammy21]

But these new age drivers, these thirst buckets are out here shakin *$$, twerkin up and down these interstates for pennies then cry to the fmcsa... they dont care if you have bills and mouths to feed. Play the game the way its played. Its actually very simple dont move cheap $hit

[@fisherman805lopez76]

If you think about that what you said is true most Carriers if you been in the game u and I know that the broker's would just go to another carries and carriers and owner ops have no choice that what you just said is and excuses and way to think your doing the right thing. That's not right

[@dragandrag24]

You re right the carriers working for cheap rates are to blame

[@fisherman805lopez76]

@@dragandrag24 That's excuse to throw it on carriers. They have no choice cause the broker's would pass it cheap with same price to another carries that's why they take the cheap rate. Do your education please. If that was true why is the cheap rate the broker gives us the same rate to another carries. So this is why Carriers goes out of business cause they can't afford fuel cause the rate is cheap that broker gives and if they don't take all the broker's are giving peanuts and carriers sticks to his guns he ends up out of business than broker as well ends up out. They like politicians instead of coming to a mutual agreement and helping each other out they screw each other over money and greed mostly the broker cause he has the power with load and driver ends up with 100. 00 to his name after fuel and expenses. May come to an excuse and say dumb shit like we didn't ask you to be a trucker 😆 same thing with broker when their business goes down hill we didn't ask you to be a broker smh reduculios statements what people do to each other sad man how you throw it out in one business. It's both sides that's has problems.

[@AngelEyes-xm7el]

When your payments are due you have sat for 4 days running your fuel out to stay warm. Desperate trying to keep there heads above water.

[@ceasarwright7567]

The market peak lasted 2-3 months max. We have been in downward death spiral with 12 months of 1$ per mile. Thats a big difference.

[@jeffreyjosephsampiere6986]

Yes

[@ceasarwright7567]

ET Brokerage division was paying 1.25 CAD per mile Toronto to Cali for the longest time.

[@davidherdman9798]

Somehow the time it takes at the pick up and delivery points dont get mentioned here. Yes, brokers commissions are a problem. So are their incessant calls every 4 hours. Someone has to pay those guys. And it comes out of my money. But waiting to a pickup for 5 hours when you actually got there before the appointment time costs all of the drivers money. In a similar way spending extra hours trying to deliver a load is costly and highly irritating. I told my dispatch I was not taking any more JB Swift loads since they take MANY extra hours loading or delivery with no compensation. Horrible company. Most of us get paid by the mile, not the hour.

[@isxj4tts]

there should be a load board where shippers can work with carriers, take the middleman out

[@user-gj6qb6bz9r]

Your concern as a trucker should not be what the load broker is getting, you should set your price to the broker and don’t take anything less. The broker must move the load so…don’t haul it if it is not profitable.

[@conroyblake9377]

How can I contact you?

[@6.....5.....Detroit]

Ronan, maybe you do a review of the biggest bottom feeder TQL? Everyone knows to avoid them. Maybe you can decipher why they're still operating while gouging truckers?

[@mr.samson5858]

I'm working as a leasing operator for a company. I'm getting robbed blind by this company. I never get a load that over $2 per mileage from them.

[@MRFIL2017]

Big shippers and plants have contracts with brokers and carriers and those contracts typically pay better. Until it’s time to renegotiate the contracts brokers are making big bucks in this market. Thats why the tender rejections rates are so low. Most small shippers are still paying good rates to brokers and they are keeping 35-50%.. In the real estate business everybody involved in the deal can see how much the broker makes. Why cant we have this in the transportation?

[@tadlocktrucking4456]

There should be a place where a truck is, their MC, their status, and my ontime/delivery rating....THEN I would be the truck everyone was looking for....promote the drivers, not the brokers

[@axelguzman8408]

I did a load that the broker was paying me 1,800 the shipper was paying 4k for the load that happens to me twice that’s why im a broker now

[@Parasefvirte]

Yes fraught broker are the reason rates are in the shit hole, because all the broker care is his profit part and do not care if trucker gets only or not even fuel money. They should not accept moving freight less then operating cost for him or truckers

[@LuisMartinez-xi8ne]

Freightbrokers are not just all to blame for I worked at a company that I told the dispatcher, which was the owner of the truck on what she had to do in the truck and doing that office because she didn't know what she was doing. Did she look up for the information of the loads that I had to do being the only driver that she has no. She was just grabbing whatever load the way. She was taught to grab and just give it to the driver instead of her doing her job and checking, make sure that that driver has the timing for everything that's on that book. She didn't do what she was supposed to do. And she was blaming the things onto the brokers. What is was her doing not doing her job

[@cat7594387]

The definition of broker is parasitic and unnecessary forced go between. I wouldnt be surprised if most of these larger shippers and trucking companies create their own brokerages.

[@robertstevens1554]

We need to get rid of brokers period..owner operators should only deal with shoppers and receivers..don't need brokers.dedicated is the best way to go...

[@mikejohnson7858]

Why don't they End the assumptions Follow. The law and show us the TRANSPARENCY under 49 CFR § 371.3 That's exactly what I intend on doing. And after I do they won't have a choice cause as it stands right now. The customer doesn't know they have the right to know how much I'M paid.

[@melvinhill6726]

The rates are horrible. DAT load board is trash along with others . How can a truck driver sit back and pull that cheap as fright. Just pathetic. Especially out of Florida😮 I noticed a load off the board going to Las Vegas out of Atlanta at $2500 may be $3500. That's crazy.

[@tadlocktrucking4456]

The problem is..... How would you GET the load if there wasn't a broker... But the percentage is too much to the broker, the double brokering shit SHOULDN'T happen ever....if there were better rules from sharing the drivers money then I can see doing a percentage to the brokers

[@TylerBexson]

Only problem with the brokers is when times get tough they take more! They have to like any corporation to keep increasing gdp's. As the internet keeps supplying new programs soon they will choke themselves out of a job. Its basically a secondary insurance for the goods transported! It can be automated, Companies can put in bids averaged per hour per distance but then cover the cost of weather because they decided to ship things back and forth in extreme conditions. Pay the fluctuating fuel taxes or go after the government for over pricing the needs we need to build the system for us all! Have you really looked into that what are we doing anyways? We have enough houses. We have enough gas to heat the houses, flowing natural gas makes gasoline. We could travel but what for if your set up and happy raising and growing, storing food. We have plenty of land to grow way more food not grain for other countries right here, billions of acres of open land. We have water heat and shelter. What else do we need? Odd to me now. I work 250-300 hours per month. Where is the money going? Right back into the system. If they want the help ill work for free id just like an acher of land a cabin by the lake and a few friends to share it with. Why the money? But im not interested in a chip. So im at odds whats next in the industry. Where is this future going with out a revolution of some sort. Maybe thats your next step get together with all the freight shippers and shippers you know help cut them out. Make the program for us all. Companies can pick the freight shippers accordingly. I seen you show us the way our carrier profiles are built. Anyways like normal iv said enough lol thanks your information is great!

[@malabartrucker8215]

Broker stealed my 800 Dollars due to the tracker tools app was not working....i was early at pick location and delivered 5hrs early. flatbed load. After given BOL signed. He cut my 800 dollars. Brokers are thiefs sitting on there chairs. There don't care drivers hardwork doing In bad climate.

[@NorthAmerican-Trucking-News]

That's... not okay

[@gekogals128]

Yes. Brokers are responsible. Brokers are skimming off the top and are not providing a service. Brokers are nasty and have no costs. 1.50 to 1.25 rates are all coming from brokers. This doesn’t even cover fuel costs and maintenance.

[@combatkool-aid9495]

Only solution is to stop using brokers they're an optional service from the warehouse managers end i personally wont get back into trucking until that profession is dead and hiring for warehouse managers change to hire people who actually do their job.

[@RomeoUrsu-fy9qo]

How long that $4.50 lasted? How long $2 or less lasted and will probably last for a very long time to come? $2.50 average is no question a lot lot lot better for everyone including shippers…at least they will know exactly how much they have to spend without any compromise. But here comes someone to tell me to wait until I will see a better day….in meantime I still have to pay all the expenses from crap rates or even free freight lately. Everything is up but income is down or many times non existent…just to pay the bills for this crap business. I will take the $2.50 for OTR van equipment for example all years long…at least I’m making something vs working for free as the market stands now.

[@Rassy636]

We only been saying this for how many years …… but hey

[@b.d.sonstrucking1915]

Ronen, you talk with your hands. That's an Italian thing. Pasta Fazio

[@5454sonora]

Why do you think they're fighting so hard for transparency

[@danielk09]

Ronen why are you wearing two watches in the video?

[@dariusbrown1046]

TQL still in business😂.

[@rce8540]

Don’t use them crooks.

[@hoodooking1133]

Id rather a set amount of $3.00 minimum for every mile atleast then we would make a profit

[@HoskinsHoneyBees]

Brokers are not to blame, most truckers don't know their expenses to make profits, or supply and demand

[@fisherman805lopez76]

If that is true than you tell me how do trucker's do it let me in on a secret. Are you a trucker?? That's like saying Biden is a great president and if you look at his actions that's what you would see he shit

[@Frank1776.]

TQL KEEP 45% and they're on the long run

[@davidowen9671]

Brokers are NOT to blame. They are parasitical scum, but it is pointless to blame them. SHIPPERS ARE TO BLAME for using brokers rather than asset-based carriers. Dedicated contract freight does not involve a broker. Spot market freight has not required brokers since the advent of the Internet, a quarter of a century now, at least. Shippers can simply post on the online load boards, and only accept offers from carriers, including especially independent OOs. Problem solved.

[@AA-hy3xs]

Everything it’s easy Just say no to cheap rate Leave other stupid to do the load cheap

[@nate3302]

They shouldn't exist at all. They had they're time when they were useful. It's time to stop using brokers, and customers need to post on load boards themselves.

[@yyybra]

Duhh

[@STONEDECISION]

This guy is either a fool who have no idea what he’s talking about or he’s talking out the side of his mouth. You decide. Brokers don’t have a forty percent mark up. The load pays $1 per mile, they keep 20-60 cents for them selves and pay the rest to companies. Capping doesn’t mean put a limit on how much the broker can charge the customer. It means putting a limit on the percentage they can take. This guy is pissing in our faces and telling us it’s rain.

[@NorthAmerican-Trucking-News]

I'm not sure you read what you wrote properly

[@STONEDECISION]

@@NorthAmerican-Trucking-News look up. Something is going over your head

[@realesttrucker5765]

Truth is these "new carriers" that is from 2020 to present are BROKE. Yall haul for anything just to pay the bills. Yall only depend on one source of income. Trucking. And alot of you have a big mouth. Yall find a good customer and wanna tell the whole world what yall are doing and making. Yall need to learn to stay quiet. There is no friendship in trucking. You either eat or get eaten. Its all part of the process. Ive been through 3 now 4 with this one, freight recessions. Itll get better by 2025. Happens every 4 to 5 years.

[@nicolagaballo3120]

I don t think it s the new ones vs old ones. I m a new carrier and recently did a load with tql for 950$ and another owner operator was at the shipper for the same load and He took it for only 600$ still from tql and same broker, and He s been a carrier for 8 year. I was like " well I guess that s how rates are what they are". It made me realize how much room these brokers have to negotiate and still be profitable. I m not running just to "pay my bills", if You re disrespecting my profession with unserious offers, my paid off truck will stay parked.

[@Smooth_Operator_83]

Problem is automatic transmission, which is a big part over capacity

[@Marko301282]

Bunch of thieves…..

[@figotoo]

100% broker transparency !

[@johndonovan7018]

incompetent people always need somebody to blame.. the blacks, the immigrants, the irish, the italians, the jews, women, etc. always somebody and something to blame for your own failures. its rampant among aging males in particular.

[@ceasarwright7567]

No Im sorry , Brokers are thieves . Would you allow a real estate broker to make 50% onna deal ? Or a stock broker to make 50%. Brokers prey on dumb owner ops and this causes the entire industry rates to fall. Granted the idiots taking the loads are a problem as well But if brokers respected the cost of rolling we would not have this issue.

[@johndonovan7018]

@@ceasarwright7567 cope. like with car dealers, prices will not change because you eliminate something in the chain. somebody else will just pocket it, you will not pay less. its the biggest cope ever. as i said, its rampant among old uneducated people sore at the world for their own failures always wanting something and somebody to blame.

[@TheBlack25hawk]

uber freight is so bad

[@michealfanter6736]

AI will replace brokers first in the industry. Good riddance

[@ThatOneGuy-hp2pb]

Tard!!

[@sosanotsammy21]

Force the shippers and receivers to do business with drivers/carriers or open their own loadboards to them. 2025 its time to shed the fat... start with the brokers. Let them hold those loads and owe money or go bankrupt.

[@sosanotsammy21]

Garbage brokers trying to make themselves relavent in. If they want a part in logistics/supply chain ind. They need a 10 yrs driving pre-requisite... put em in a straight jacket and send em down cabage @80k lbs without engine brakes

[@alexmaldonado5828]

Ask @Landstar and @JBhunt 30-35%

[@rce8540]

Landstar. King or queen of double and triple brokering. Biggest criminals out there. Was there years ago pretty good company. Now lots of foreign brokers. They love taking big percentage. Love there money. glad I left in 2011.

[@Rassy636]

We eating just fine at LS 🤷🏾‍♂️

[@piotrmagdziak8340]

Stop lying

[@NorthAmerican-Trucking-News]

We are?

[@piotrmagdziak8340]

Brokers are the problem

[@NorthAmerican-Trucking-News]

In some cases, yes