Lately in the news we have been hearing a lot about freight scams, double brokering and non-payment from dubious brokers, but not a peep about truck driver scams. Over the last 6 months or so there has been an increasing amount of truck driver collecting COD payments and not paying the freight broker. Not only have they been withholding payment, they have also been pickup vehicles then asking for more money before they deliver.
With the recession other brokers double brokering and truck drivers withholding payments it is very easy to see why freight brokers bankruptcies and foreclosures are on the rise.
Posts Tagged ‘freight broker’
It seems that every company and everybody are going green. Here are a few ideas for trucking companies to go green. In the front office a trucking company or a freight broker we accumulate a bunch of unnecessary paper. We are a small company and accumulate hundreds of pages a week. Usually from unwanted faxes, email print outs and duplicate orders being printed. This is a little trick I pick up about 15 years ago. I use these unwanted pages to make note pads. I cut the sheets in half and staple about 25 sheets together. It saves me from having to buy note pads for the office supply store. We also have a couple of trash cans where that we dump paper, cardboard and aluminum cans. I take these to my local drops site near my home. Can save the world in one day, so we take baby steps.
Liability difference between a freight broker and freight forwarder is significantly different. Both can move inland but there liabilities differ.
Freight broker is not required to have cargo liability. Brokers do not have statutory freight claims. The never take possession of the freight. They only facilitate shipments between shipper and carrier. Freight Brokers can get by with contingent cargo liability. Under Carmack Amendment brokers are considered absent negligence in the event of loss or damage.
Freight Forwarder by law must provide cargo liability. Freight forward under is FMCSA is considered a common carrier the same as a motor carrier. Under Carmack Amendment freight forwarders are required to proper claims handling. A freight forwarder is not only covered by cargo insurance they also work diligently to resolve issues on behalf of their customers.