What’s with all the new “brokers?

Oct 06, 2023 at 05:10 PM CST + 9
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. I’m in eastern PA, And the rise of new brokers posting on here with “new member” status is pretty alarming. Seems the only ones posting on here are these guys who just signed up a few months ago. With zero ratings. Not to mention they never replay to emails, messages and phone calls. Hell half of them you can’t even find on FMCSA’s website. What’s the deal? Really starting to think this “load board” is completely useless for us in PA and surrounding states. Not sure if y’all down south or out west have better luck. But for me. I don’t think I’ll be renewing.

Replied on Mon, Oct 09, 2023 at 07:35 PM CST + 1 - 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Sounds about right. Not only that but I noticed rates are down.

Replied on Tue, Oct 10, 2023 at 07:47 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Hello I am a broker based out of PA from MODE Transportation---we are definitely the real deal---send me an email at [email protected] and we will try to help each other thanks

Replied on Tue, Oct 10, 2023 at 07:47 AM CST
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. To be clear---we are a PA based company but we have opportunities all over the Continental 48 as well as Canada and MX occasionally

Replied on Tue, Oct 10, 2023 at 11:34 AM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. I think they bought into the truck driver shortage hype. They have driven the seasoned people out of business by undercutting the people that knew what they were doing. At least that's my experience in the Texas area. Pneumatic loads that were paying 7 to 10 dollars per mile are now being offered for 3 and 4 dollars per mile. The only thing that gets posted on here for my area now is garbage. I asked what was being done to improve the situation a few weeks ago and couldn't get a straight answer. Which means nothing.

Replied on Tue, Oct 10, 2023 at 11:34 AM CST

+ 1

Posted by a private BulkLoads.com member.

I think they bought into the truck driver shortage hype. They have driven the seasoned people out of business by undercutting the people that knew what they were doing. At least that's my experience in the Texas area. Pneumatic loads that were paying 7 to 10 dollars per mile are now being offered for 3 and 4 dollars per mile. The only thing that gets posted on here for my area now is garbage. I asked what was being done to improve the situation a few weeks ago and couldn't get a straight answer. Which means nothing.

Replied on Tue, Oct 10, 2023 at 11:36 AM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Out west we have a good number of new brokers, but they seem to be weaning themselves out with the current poor rates. We are clutching our regular customers tightly, and patiently waiting for the ship to right itself. The emergence of dispatchers has been the main problem in our area. We get called 5-10 times a day about companies wanting us to get them loads. I don't believe in more regulation ever being the answer, but I feel for the people being duped by these cloak & dagger brokers with no authority to do business.

Replied on Tue, Oct 10, 2023 at 11:36 AM CST

+ 1

Posted by a private BulkLoads.com member.

Out west we have a good number of new brokers, but they seem to be weaning themselves out with the current poor rates. We are clutching our regular customers tightly, and patiently waiting for the ship to right itself. The emergence of dispatchers has been the main problem in our area. We get called 5-10 times a day about companies wanting us to get them loads. I don't believe in more regulation ever being the answer, but I feel for the people being duped by these cloak & dagger brokers with no authority to do business.

Replied on Fri, Oct 13, 2023 at 12:37 PM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Here's what happened. During Covid, Tanker rates went high. Lot's of Owner Ops entered the market. Brokers in general heard about it and two things happened. Managers/Directors that already brokered bulk went and entered the market on their own. Newbies entered the market because they thought they could make more money w/ less competition than General Freight. Market flipped and voila. Many brokers aren't good or necessarily proactive, therefore you get the poor response rate.

Replied on Fri, Oct 13, 2023 at 12:37 PM CST

+ 1

Posted by a private BulkLoads.com member.

Here's what happened. During Covid, Tanker rates went high. Lot's of Owner Ops entered the market. Brokers in general heard about it and two things happened.

Managers/Directors that already brokered bulk went and entered the market on their own.

Newbies entered the market because they thought they could make more money w/ less competition than General Freight.

Market flipped and voila. Many brokers aren't good or necessarily proactive, therefore you get the poor response rate.

Replied on Fri, Oct 13, 2023 at 03:15 PM CST + 1
Posted by a private BulkLoads.com member.	Posted by a private BulkLoads.com member. Quote: "Here's what happened. During Covid, Tanker rates went high. Lot's of Owner Ops entered the market. Brokers in general heard about it and two things happened. Managers/Directors that already brokered bulk went and entered the market on their own. Newbies entered the market because they thought they could make more money w/ less competition than General Freight. Market flipped and voila. Many brokers aren't good or necessarily proactive, therefore you get the poor response rate." BINGO... BOOM, BUST.

Replied on Fri, Oct 13, 2023 at 03:15 PM CST

+ 1

Posted by a private BulkLoads.com member.

Quote: "Here's what happened. During Covid, Tanker rates went high. Lot's of Owner Ops entered the market. Brokers in general heard about it and two things happened. Managers/Directors that already brokered bulk went and entered the market on their own. Newbies entered the market because they thought they could make more money w/ less competition than General Freight. Market flipped and voila. Many brokers aren't good or necessarily proactive, therefore you get the poor response rate."

BINGO... BOOM, BUST.