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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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What should your broker-carrier contract say about rates? It should state that rates can change.
A contract carrier agreement is a legally binding document between a carrier (like UPS or FedEx) and a customer detailing terms and conditions, services, and fees to be provided by each party.
Contract carrier examples include DHL, U.S Xpress Enterprises, and XPO Logistics as well as other large shipping carriers.
transportation law A person who engages to carry the goods of particular individuals rather than of the general public is a contract carrier; a person who carries his own goods is a private carrier.
These are: Honesty and Trustworthiness. Resilience and Flexibility. Being Self-Motivated and Customer-Oriented. Being Proactive and Continually Learning New Things.
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People also ask

A carrier operates trucks and often times is an owner-operator who only schedules shipments through a broker and serves only a few routes. A broker has a huge network of car carriers serving the whole country.
A rate confirmation is an agreement of pay between the freight broker and carrier that is legally binding. A freight broker must provide a rate confirmation for the carrier to sign before proceeding. The rate confirmation portion may be included in the load tender form or included on a separate sheet.
The answer is yes, freight carriers often take on a brokerage license as a secondary source of revenue, freight brokers can also act as carriers as long as they are not transporting cargo that is double brokered. There are no restrictions on freight brokers owning trucks, only in how they use them.
A freight brokerage is a company that serves as a transportation intermediary rather than directly operating a truck fleet and physically moving your freight.
Freight brokers make their money in the margin between the amount they charge each shipper (their customer) and what they pay the carrier (the truck driver) for every shipment. Although it varies from one transaction to the next, healthy freight brokers typically claim a net margin of 3-8 percent on each load.

broker carrier agreement template