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No further proof of authorization is or shall be required. 39 COUNTERPARTS This AGREEMENT may be executed in any number of identical counterparts and each such executed counterpart shall be deemed a duplicate original hereof. 40 NOTICES Any notices required or permitted to be given under this AGREEMENT shall be in writing and shall be sent by first class mail and by fax transmission. The mailed notices shall be addressed to the parties respectively at the address shown belown and the contempora ...

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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.

What should your broker-carrier contract say about rates?

What should your broker-carrier contract say about rates? It should state that rates can change.

What is a contract carrier agreement?

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.

What is an example of a contract carrier?

Contract carrier examples include DHL, U.S Xpress Enterprises, and XPO Logistics as well as other large shipping carriers.

Who is the contract carrier?

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.

What are the best qualities of a freight broker?

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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What is the difference between a carrier and broker?

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.

What is a rate confirmation What info does it have?

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.

Can a broker also be a carrier?

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.

What is the difference between a freight broker and a trucking company?

A freight brokerage is a company that serves as a transportation intermediary rather than directly operating a truck fleet and physically moving your freight.

How do carriers get paid?

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.

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What should your broker-carrier contract say about rates?

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What are the best qualities of a freight broker?

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What is the difference between a carrier and broker?

What is a rate confirmation What info does it have?

Can a broker also be a carrier?

What is the difference between a freight broker and a trucking company?

How do carriers get paid?

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