Low Brokerage Offers For Owner Operators

Topic 28074 | Page 1

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Tamara E.'s Comment
member avatar

Since this quarentine stuff all around and the coronavirus, brokers have been low balling on loads for owner operators. I think the fear of not having work has made a lot of truckers think they need to get what they can while they can. So many are accepting the low offers and not refusing the low ball offers. I think if everyone would stop accepting those low tenders, then the rates would go back up. Truckers are Essential and needed during this time and its a lot of the huge store chains that are needing us. In most cases these are billion dollar and multi million dollar companies that need their products moved, and many of which that got the funding from SBA for disaster loans while the "little guys(small businesses)" suffer. Its your truck, your, time, and your family you have to provide for. If we can get the word out in enough forums maybe the negotiations when booking loads will be more fair.

Any thoughts?

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
PackRat's Comment
member avatar

Our policy here has always been to be a company driver.

Donna M.'s Comment
member avatar

Thanks for coming to this site to post. You have affiliated what has always been taught here. Go company , stay company! We are still making the same cpm we were before this began. But, by all means turn down them loads, supply and demand doesn’t stop. One of us will be glad to grab that load. I’m confused on the point months back o/o were complaining about government involvement in trucking. Telling them when they could drive, how long and when to take a break. But now o/o are tooting their horns for the government involvement.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

PJ's Comment
member avatar

I really dislike dealing with brokers anytime. I have been hearing about some of this. Under Trump’s current order o/o’s can apply for the SBA programs. Every o/o should be reading up on the 3 programs to see if one or more apply to them. Under the PPL program if 75% or more is used for payroll and a few other things it becomes a grant.

We all knew when we got into this proffession what the risks are normally, this is sure abnormal. However any investment is a risk v reward scenario.

There are literally tons of freight brokers out there. It is up to each individual if they use one over another. If one isn’t taking care of business move on to another.

Daniel B.'s Comment
member avatar

Yeah my wife dispatchs for a small company of owner operators and a few company drivers. Rates are really really bad right now and its taking her an extra hour or two to get everyone covered.

Lately shes been aiming for more multi-drop/pick loads since those aren't as effected as much as 1:1 loads are.

But yeah she's been declining a heck of a lot of freight lately. Some paying as low as .65cpm! I have a feeling though that there will always be someone dumb enough to actually haul for that low rate though so that's why its been continuing.

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Big Scott's Comment
member avatar

Low freight rates and O/Os are competing with the big companies who will gladly keep their drivers rolling.

Auggie69's Comment
member avatar

Since this quarentine stuff all around and the coronavirus, brokers have been low balling on loads for owner operators. I think the fear of not having work has made a lot of truckers think they need to get what they can while they can. So many are accepting the low offers and not refusing the low ball offers. I think if everyone would stop accepting those low tenders, then the rates would go back up. Truckers are Essential and needed during this time and its a lot of the huge store chains that are needing us. In most cases these are billion dollar and multi million dollar companies that need their products moved, and many of which that got the funding from SBA for disaster loans while the "little guys(small businesses)" suffer. Its your truck, your, time, and your family you have to provide for. If we can get the word out in enough forums maybe the negotiations when booking loads will be more fair.

Any thoughts?

You should never accept a rate that doesn't pay the bills.

That said, look at what PJ said about the help out there from the FEDS for O/O.

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
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