I am the middleman between the shipper and carrier, but I do not represent one side over the other.
What is the Broker?
Load is going 400 miles and it's paying $1,200.0
$1,200.00/$400.00 = $3.00 per mile
What does a Factoring Company do?
A Factoring Company buys the unpaid invoice from slow paying Brokers.
Four reasons to negotiate prices?
Carrier unloaded and ready to go
Special equipment needed
Multiple stops
Carrier is going to an area where's it possible, he may not get a backhaul load and he must deadhead from there.
Commodity that carrier will haul.
What is the most important document in the shipping process?
BOL Bill of Lading
The Motor Carrier Identification Number?
What is an MC#?
Load is going 250 miles and it's paying $1,100.00?
$1,100.00/$250.00 = $4.40 per mile.
Rate to start off with as a new dispatcher?
6% to 7%. You do not want to charge too low or too high.
A driver needing a load to take him back to his desired origin or home base.
What is Backhaul.
Load is going 24 miles and it pays $200.00.
$8.33.
Some fees Carrier can expect.
Layover Pay, Detention Pay, Extra Stops, Load and Unload Pay, Tarp Pay, Accessorial Pay, Claim, CPM, Lumper, TONU
A load picks up 30 miles from where the truck was originally parked. So the truck leaves where they are and then drives for 30 miles to pick-up location. At the pick-up location the truck gets loaded. Once they leave the pick-up location and are fully loaded, they drive 70 miles to the drop-off location and get unloaded.
Identify the deadhead miles, loaded miles, and total miles.
Deadhead miles = 30 (they drove for 30 miles with nothing on the truck).
Loaded miles = 70 (they drove for 70 miles while the truck was loaded).
Total miles = 100 (they drove a total of 100 miles on this particular load).
COI, MC#, W-9.
What is a Carrier Packet
A fee owed to the carrier/driver when a truck has been dispatched and is on his way to the pick up location of the freight and/or arrives and there is no load available.
What is Truck Order Not Used?
Load is going 570 miles and it's paying $960.00
Your driver at least wants loads paying 2.50 a mile.
Would you book this load for your driver?
$1.68
No
Name some duties of a dispatcher?
Booking loads, negotiating rates, doing credit check on Broker, and submitting BOL once load has been dropped to the factoring company.