Was in conversation with a driver from Nations Express and he said he got 68% of the load plus fuel surcharge, he showed me his settlement sheet but it does not show what the total load was. Ask him how he can tell what the total load pays , he stated Nations inform him that is confidential information of theirs and they do not disclose it. Seems quite funny if you are getting % of the load why don't you get all pertinent info to that load according to what it paid.
Runs that are on % of loads
- Thread starter csands007
- Start date
Your right about they have to supply all info on that load. My problem is why 38% landstar expedite pays the same 62%. what or who came up with this? Here it is { Ready or not } I drive a straight truck that cost almost what a semi cost i have to sit and wait till between 2 and 6 pm to get a call haul *** to get the load drive 450 to 600 miles overnight so it can be there for production the next morning and get paid 62% of the load. on the other side of the coin. A freight truck with landstar can pick/up the load any time today and be there in 3 days and they get 75/78% and the gross was the same in both casses. You would think now that express has joined the ranks of its sister companies ranger,ligon, inway landstar would change thier pay to the express truck but noooooooo . I brought this up a year ago at driver apprectiation days in jacksonville and nobody could answer it. I also told them the most famouse man ever on this planet {elvis} didnt pay his agent 38% what gives here. can anybody see my point here? should we push to have it changed?
The following excerpt from DOT regulations may be the appropriate reference to BOL information in this thread. Note that the regulation doesn't require the broker to give you a copy of the information but must allow you to review the information.
§371.3 Records to be kept by brokers.
(a) A broker shall keep a record of each transaction. For purposes of this section, brokers may keep master lists of consignors and the address and registration number of the carrier, rather than repeating this information for each transaction. The record shall show:
(a)(4) The amount of compensation received by the broker for the brokerage service performed and the name of the payer;
(c) Each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules.
§371.3 Records to be kept by brokers.
(a) A broker shall keep a record of each transaction. For purposes of this section, brokers may keep master lists of consignors and the address and registration number of the carrier, rather than repeating this information for each transaction. The record shall show:
(a)(4) The amount of compensation received by the broker for the brokerage service performed and the name of the payer;
(c) Each party to a brokered transaction has the right to review the record of the transaction required to be kept by these rules.
My question what was the total bid not the %'s but seems no matter what the bid was it supposed to be 68% plus fsc how come this driver says it is always $1.00? since nations will not give him info on the total bid I'd say he is getting it in the rear
Jefferson3000
Expert Expediter
I guess my only issue is whether you are really getting the whole story from this guy. Did you see his pay or was it what he said?
wallytrucker1
Expert Expediter
I think you get 62% because that is what your contract calls for. I don't know what a freight truck is, but a ranger driver starting in the last 4-5 years gets 67% of 98% of the linehaul. This can be increased by approx. 7 % if you pull your own trailer.
I left ranger 3 yrs ago and came to Leam and would not go back because I could not live on their rates. None of us like the chunck of money they take, but I have NEVER (sorry , screwed by dallas/ft worth once for fifty bucks) had money issues with the company and we both know its right there on the QC before you get the load.
I assume having ones own authority would put more of the gross in your pocket, but I am willing to pay for what the 38% buys me.
I guess in the end you have to compare the pros and cons and decide where you want to work.
Jefferson3000
Expert Expediter
Before you guys start getting upset about what the carrier keeps, just remember that they assume a level of risk that you never will.
nightcreacher
Veteran Expediter
Bottom line is 100% of nothing is still nothing.At FECC we get 60%,and there is a formula to know what the customer is being charged,if a trailer is owned by the owner opp,then this rate is higher.reefer trailer even higher.When all said and done,if you feel the load will be good for you,then alls good,whether you get 60% or 100%.
jasonsprouse
Expert Expediter
How can the load rate be "confidential" if you get a percentage of it as your settlement? It would be quite simple to calculate the original rate from your settlement.
I guess it doesn't really matter what the load rate, or percentage is, as long as the driver is making the money he needs to make.
I guess it doesn't really matter what the load rate, or percentage is, as long as the driver is making the money he needs to make.
If you're being paid on a percentage of the revenue, you are entitled to get a statement from Nations Express itemizing the gross revenue from the load that displays the linehaul charges, accessorial charges, and fuel surcharges separately. Contracts with different customers will vary - but all these details need to be spelled out. If they are unwilling to accomodate you with this disclosure, find another carrier. Sounds like they're playing games with the numbers.
The carrier has to show what was charged for a specific load if it's paid by percentage. They're not obligated to show a rate sheet that shows a list of customers and the agreements they have with them.
Not saying they have to show a list of customers - I'm saying they should show the list of charges and their total for a particular shipment. That way you can determine your fair percentage. If they just lump it all together and give you 68% of the total, you're getting shortchanged if for no other reason because that means you're only getting 68% of the fsc. You should get 100% of that.