co brokering freight

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Comments (7)

DW in Oklahoma in Tulsa, Oklahoma

51 months ago

I have just started as a broker and see lots of the large trucking companies also have brokerage firms and post loads available. Any one know the rules for co brokering or if they even allow you to do that for them.

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Carla Mitchell in Wichita, Kansas

51 months ago

It is called double brokering and it is frowned upon. Too many hands in the pot so less $ to you.

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Carla Mitchell in Wichita, Kansas

51 months ago

To me if the same load is listed by more than one broker, it is double brokering. The same goes for these new "Freight Management Services". They are people that are essentially agents but for more than one broker. It sounds interesting. Just not sure about it.

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Philbert in Moline, Illinois

51 months ago

Co-broker is legal and is good when I have a o/o that I need to get out of an area. If you are up front with the broker that you ARE a broker and have a co-broker contract in place, it is perfectly acceptable.

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Carla in Wichita, Kansas

51 months ago

I don't think it is so much an ethical issue as it drives the rates down too much. I have never had a good experience with them....they are now called Freight Management Services.
Good luck.

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Josh Allen in Chicagoland, Illinois

51 months ago

Here's some fairly good verbiage concerning co-brokering/double brokering and re-brokering courtesy of the TIA. If you're going to co-broker as a general practice, I would suggest using a similiar contract.

Cut & Paste the following link...
www.p3program.com/Co-Broker%20Agreement_June%202007.pdf

If for some reason it doesn't work, visit www.tianet.org. There's a co-brokering contract right in the middle of the home page.

Best of luck!

Josh

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Carla in Wichita, Kansas

51 months ago

Hey Josh. How are you?

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