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Freight Group
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141 contributions to Freight Group
7d ago in
Broker Transparency
Whats your take on the new enforcement of the Transparency rule That a Freight Broker will have to provide their carriers documentation showing the rate the Shipper paid the Broker? Anybody have something to say about this? LOL
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New comment 4d ago
3 likes • 7d
@Drew Pearson welcome back to the cold bud. We cannot and will not use FU rates for this process. Same as you do not submit FU rates to DAT or any other rating platform. Welcome back bud
4 likes • 5d
@Jean Charles not sure how transparency will remove fraud. I agree with @Nancy Hallbauer it could create more fraud by showing the bad actors were to strike. If FMCSA releases facial recognition as well as ensures all applicants have a physical address will remove majority of fraud. Cargo theft and insurance fraud will not be reduced IMHO. The Fed need to enforce with REAL jail time to stop cargo theft.
19d ago in
Broker Bonds don't cover Intremodal Freight
I just found out the broker bonds don't cover Containers. So how do we go after brokers for our non payments?
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New comment 12d ago
2 likes • 14d
Mandeep, the link will provide alternative ways to collect. Hope it helps sir How Motor Carriers Can Collect Freight Charges: Alternative Methods & Legal Protections
0 likes • 12d
@Mandeep Kaur if they are a carrier and drayman then they have insurance. Damage occurred outside of port they are liable. Reach out to Drew Wilder Singleton, worth the investment
14d ago in
Co-Brokering
Good afternoon EVERYONE! I have a question and am hoping I can get a bit of advice as I am a bit new to the industry. I am an active freight broker, and I randomly received an email from another active broker. Small company asking if I would be willing to co-broker for/with them as an independent contractor. I spoke to the fellow and he sounded like a nice guy but in the day we live in I am always skeptical and trust NO ONE. Sooo, he did send me over his blank co- brokering agreement, SAFER snapshot, and his surety bond. Then he requested I send him my W9, surety bond, and for me to send back signed agreement. What I am wondering is has anyone had experience co-brokering? How do I protect myself from being scammed? I have no big red flags that makes me feel like I am getting scammed I am just always skeptical and feel like there is way to stay protected somehow. Should I make up my own contractual agreement to have him sign? What would you do?
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New comment 1d ago
0 likes • 12d
@Tiffany Lawson , we/I receive at least 5 per day asking to CO-Broker. If not done properly it is Double Brokering. We do have Co-Broker agreements with US companies as we specialize in Canada which benefits them and their customer. As per @Steven Tittle would work to move my own freight, a) there is not enough margin available with current rates. b) there are 280,000 carriers registered in the USA looking to make relationship with you. If being new credit and cash flow are a challenge reach out to @Dan de Varona he can assist. The article below may assist you as well understanding CO-Brokering more. (18) CO-Brokering is Legal if done Correctly. | LinkedIn
13d ago in
Cryptocurrency in Freight Shipping
Has anyone in our group worked in a shipping environment where a cryptocurrency was utilized to pay for the shipping of their freight? I know in eCommerce there are a number of sites where you can purchase and pay for the shipping in Crypto. Overstock, Shopify, NewEgg and Rakuten all accept crypto payments for shipping services. I know in Maritime freight the "ccc" container crypto coin was launched on ethereum ledger all the way back in 2018 but never made it to full adoption. But currently in Freight Trucking Transportation is anyone operating in this space? Any carrier planning on accepting Bitcoin or Crypto for payment or having their freight moved on a Blockchain ledger? Anyone have any insight into these developments it would be great to discuss where this is headed in terms of freight settlements in the future.
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New comment 6d ago
3 likes • 12d
@Steven Tittle this is new, will be following your comments to learn sir.
Oct 30 in
Freight Help
In what segment of Freight will you find the need for the most help understanding the rules regulations and processes involved in this mode of transportation? Ground Rail Ocean Air
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New comment 1d ago
4 likes • 26d
Understand I did not answer the question. @John Radvansky you hit on the first one, ocean if you do not have experience hire a FF, NVOCC who does. This is not an area you want to learn on the fly. Ocean is the most negative cash flow business in transportation, if you want to avoid demurrage you pay 3 days before ship is berthed, my customer had 40 arrive. we pay $398, 200 USD, customer invoice goes out 5 days later, 15-45 days for payment. Then you have the GEO political aspects, war, pirates, Houthis, Hamas and your rates go up 2-3500 in surcharges without notice. Then add we have the unions in North America, NO tech and the worst performing ports in the world.
2 likes • 26d
@Lydia Brown not sure that will work as a song. Have Georgia on my mind. LOL
1-10 of 141
Active 1d ago
Joined Feb 2, 2024
Ontario, Canada
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