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1MeanDog (26)
Posted 10/31/2006 10:28:41 AM Report


 

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Mike

This is from the "frequently asked questions on FMCSA site at http://www.fmcsa.dot.gov/about/other/faq/faqs.asp#name5,  It doesn't cite the specific regulation, at least that I can see, but does indicate the requirement for brokers to file OP-01.

What form do I complete to become a broker? 82

 

To become a broker you must file Form OP-1, Application for Motor Property Carrier and Broker Authority. This operating authority requires you to have on file with the FMCSA either a surety bond (BMC-84 form provided by an insurance company) or a trust fund (BMC-85 form obtained by request to the Insurance Compliance Division at FMCSA on 202-385-2423 or 2424 in the amount of $10,000) as well as a Designation of Agents Form BOC-3.

Don

Designated Observer

I support the mission

 of

*** "STOP ILLEGAL TRUCKING" ***

*****Counseled & Advised by Bup, The Adventure Dog*****

1473552 - 556329

(temporarily inactive..)   

******************************

SEMO Motor Transport Service

Post #7641
mrtruck (23)
Posted 10/31/2006 6:41:35 PM Report
 

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Don-Pcockle

My only reason in asking Pcockle about the requirements to be a Broker, is to get mickey at UShip to listen, and understand UShip is a Broker, and therefore responsible to insure that the people using the UShip site, meet or exceed the FMCSA Requirements to move Freight.

It is one thing to be Ebay and sell items, but UShip is arranging and moving freight, and as we all know the Gov. works very slow, but when they do decide its your turn, its your turn and nothing will deter them. Uship takes a percentage of the Drivers Compensation, not the shippers, so therefore Uship is a part of the shipping process, but do not have a Brokers, or Freight Forwarders Permit or Ins. Mickey keeps saying the same mantra that UShip is an open Market place, That may be true, but they are still a Broker of Freight. A simple phone call to the FMCSA, and I've made many keeps getting the same answers, yes, Uship is a Broker.

Like I said in another post: " ME THINKS ITS TIME FOR A CLASS ACTION LAW SUIT" in the last post I volunteered the first $250.00 donation, At this post I'll up the anti to $500.00.

As far as your article, I'll have to agree with the Author that we do control the Freight Rates. Look at the UShip Rates at .27-.50 cpm, and yet I turn down work at $3.00 per mile, because I'm already loaded and running ( average runs 85-135 miles) at $3.50+ a mile.

One other thing that everyone seem to forget is 'ANYONE' can move Freight, but SERVICE is what you want to sell and this is what gets you the High Rates.   I have always told anyone that worked for me over the years, " Your only as good as your last delivery". If and when you forget this, your trips to the Bank start Slowing down.

Well I've been to long winded. see you on the road. Mike

Post #7656
mrtruck (23)
Posted 11/19/2006 5:36:00 PM Report
 

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Last Login: 2/23/2006 12:16:51 PM
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Mickey

I can only say, that I have seen at least three loads on here, double and even one, that was triple Brokered.

It is little things like this that will eventually bring this site to a close.

I won't tell you how to run your business, as its hard to count other peoples pennies for them. BUT, I have learned over the years that overlooking the little things and pleading ignorance, is what finally shuts down Business's that straddle the fence.

Its really Irony that you call UShip the open Market Place, and it will be other Open Market Places (better known as Broker's), that get UShip Closed down.

Until then I'll just continue to Mine this site for a few more Nuggets.

Mike Rodriguez

P.S. Legal Carriers have a moral responsibility to report Illegal

      activities!!!!!!!!!.

Post #8221
jwbond (0)
Posted 1/12/2007 9:45:39 AM Report
 

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1MeanDog (10/31/2006)
Mike

This is from the "frequently asked questions on FMCSA site at http://www.fmcsa.dot.gov/about/other/faq/faqs.asp#name5,  It doesn't cite the specific regulation, at least that I can see, but does indicate the requirement for brokers to file OP-01.

What form do I complete to become a broker? 82

 

To become a broker you must file Form OP-1, Application for Motor Property Carrier and Broker Authority. This operating authority requires you to have on file with the FMCSA either a surety bond (BMC-84 form provided by an insurance company) or a trust fund (BMC-85 form obtained by request to the Insurance Compliance Division at FMCSA on 202-385-2423 or 2424 in the amount of $10,000) as well as a Designation of Agents Form BOC-3.

Don

If you qualify for a surety bond, the bonding company typically will file the bond for you electronically.  ICC Broker Bonds have triggered a large amount of claims over the years and are now considered high risk by the surety industry.  Most bonding companies require 100% collateral for even the best applicants.  However, there are a small handful of bonding companies that are willing to write the bond with no collateral required. 

I can not speak to the BMC-85 (trust fund), as I do not write them.  I do know that they typically require you to post all $10,000 to the bank within 1 year.  The trust fund is a better choice, only if 100% collateral is required on the bond.  If no collateral is required for the bond, you only pay an annual premium, which frees up $10,000 in capital to run your business.  Like I said, I do not place BMC-85 trust fund accounts, but many seem to be please with Don Jipping at the Surety Bond Forums.

Good luck!

Post #10230
ConcreteAngel959 (50)
Posted 2/5/2007 5:44:36 PM Report
 

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I myself think that this site is more for "the little guy", I don't think brokers should be on here. Geez, don't they have enough business? Some of us use only UShip to make a living.
Post #11407
VeteransTransport (43)
Posted 2/5/2007 8:30:12 PM Report
 

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ConcreteAngel959 (2/5/2007)
I myself think that this site is more for "the little guy", I don't think brokers should be on here. Geez, don't they have enough business? Some of us use only UShip to make a living.

Make a living from from UShip as a LEGAL CARRIER when most everything moves for next to nothing?  ?

!!Protect yourself and your property!!

Did you acquire and VERIFY the validity of your chosen Carrier's FEDERALLY MANDATED DOT & MC #'s as per the UShip User Agreement?  

http://www.uship.com/user_agreement.aspx

Note: Did you know that NO active "MC #" = No COMMERCIAL insurance? 

OOPS !!!!!!!

 

 INTERSTATE" transport requires an ACTIVE "MC" number! You verify it at the Government's "REAL TIME" web site: http://li-public.fmcsa.dot.gov/LIVIEW/pkg_html.prc_limain

 

 Still don't understand? Read this:

http://forums.uship.com/Topic46915-14-1.aspx

 

 

 

Post #11420
TonyZ (1)
Posted 5/7/2007 7:32:49 PM Report
 

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Last Login: 3/2/2006 6:36:33 PM
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VeteransTransport (2/5/2007)
ConcreteAngel959 (2/5/2007)
I myself think that this site is more for "the little guy", I don't think brokers should be on here. Geez, don't they have enough business? Some of us use only UShip to make a living.

Make a living from from UShip as a LEGAL CARRIER when most everything moves for next to nothing?  ?

 

ConcreteAngel959, I'll have to agree with Veterans Transport on this, I can count all the jobs I've done here on uship one finger, for what some of these loads pay, and I use this term very loosely – “business people” roll at, I WON’T turn the key, If I can't in all honesty make a minimum of $1.00 a loaded mile for a back haul, or he** even just to pick a load to get my driver out of my hair for awhile, it's not worth the aggravation, or the fuel, and besides, who runs just for fuel money any way, when it's around $3.00 + a gal? There’s no money in it... I’m starting to rant…. It’s Time for a “vacation”….

 

 

Independent and doing it MY way!  

Tony Zurenda – Sole Proprietor

Tony Z Light Hauling

Another compliant, OOIDA member!

Post #17190
cargonetworks (1)
Posted 5/12/2007 12:10:41 PM Report
 

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To your great surprise,Most of the major trucking co are brokers...Those trucks you see on the road are owned by an owner operator but has the broker's name and logo on his truck because he signed an agreement to be fed loads by this brokerage co and none other.I can list big names after big names after big names of what you may think is a giant co owning all these trucks but in fact they own zero trucks.

This trend has been going on for a long long time.Even the folks with brown shirts and trucks and their competition broker their loads nowadays.they just bought a co based in florida whose names start with a W and to your surprise they brokered their loads.

If somehow you had bad exp with a broker,it does not mean all are bad.You just lined yourself up with a bad apple.

Yes there is a way to know,and the broker's MC number end with a dash B for broker.

Another bit of INFO to you...Uship is a brokerage co no matter what they try to deny.For they are placing themselves between a shipper and a carrier,That is called arranging for a fee.Arranging for a fee is brokering.Federal regulations state that you are not supposed to offer anything to the shipper in return for earning the load other than trivial items like a pen or pencil or what have you.

Well Uship is earning money,hard currency for providing the intermediary service.

Another thing about brokering,It is not against the law to double broker,it is unethical only and its common.

A shipper signed a contract with a broker to move all his loads,so today before closing on the last day of the quarter at 4PM,he gets a call from that shipper telling him I have one more last load for the day...This giant co checks their system to see who's in the area,and none are 1 hour away.So he post the load on the live websites and sure enough a guy is just 4 bloks away willing to do it for an agreed price.He draft a confirmation for a pick up and since this co is a giant co he goes and pick up the load,that trucker could be you yourself performing this job because it came in at the right time for you to head back to your home town.

So let's quit bad mouthing each other,I've ben on both sides of the fence and given loads away that sums up in the millions over time.If you want to be extremely busy,you line yourself up with a few brokers and negotiate what you want to do the load for and ask for a comcheck or factor in your contract meaning for minute percentage,you can get paid immediately after delivering.

Most shippers have no time to give you a check right away.Anycheck from any co has to go thru a chain of command all the way to the top and accounting does not move that fast.That is why there is something called 30,60,90,and even 120 days line of credit.So the broker does not get paid right away...The factoring co that you're standing at their counter with your contract calls this broker asking if all went smooth with confirmation abcdef.The broker on the line says yes we got the proof of delivery with no issues on it.This factoring co then pays you on the spot in order for you to have cash on hand.

This is the real world...That you may not be aware of...So let's not be greedy.negotiate what you want and quit biting your nails after or before you move a load.There is plenty of room for everyone...

Enjoy your weekend buddy...

Post #17329
slan95 (2)
Posted 8/23/2007 10:16:00 PM Report
 

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mean dog and cargonetwork -you guys have some very intelligent posts and i do appreciate you guys for that-thanks
Post #22114
KayLogistics (5)
Posted 8/24/2007 2:28:41 PM Report
 

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Thanks,  this was very enlightening.  A good read.
Post #22150
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