How To Avoid Fraud When Using a Load Board

Trucking is a huge industry and believe it or not there is fraud.  As the industry moves to take freight brokers out of the middle of the transaction it opens up an unregulated marketplace that is ripe for fraud.  Take a few steps to protect yourself. I was taken one time working as broker in a double broker scam by this guy.  Double broker scam is where a fake trucking company calls the the broker and offer to pick up the load.  They usually ask for a cash advance and quick pay and then they turn around and book the load with another carrier that they never pay.  Load gets delivered and then 30 days later the broker gets a call from the real carrier demanding payment. So in this scenario how can truckers protect them selves from being the guy or girl who gets screwed or how does a driver do business with a shipper directly and how do they insure they will get paid.  Freight is a tricky thing because its a service and once the service is done the sense of urgency to pay the $4000 bill is not quite as high as it was when that load needed to be picked up and delivered. Shipping with a broker – Check the surety bond.  Drivers and brokers don’t really like each other but one thing that is nice about doing business is that freight brokers are required to carry a surety bond of 75,000 dollars.  This is a protection against not getting paid by the broker. So always just just give a call to the bonding...

Automatic Truckload Tendering

In the age of ride share apps and companies out there wanting to get into the trucking business one of the major barriers how to streamline the business of rates.  Shippers want to pay as little as possible and carriers want as much as possible.  Currently it works basically like this: Shipper Posts Freight Carrier calls shipper The two parties discuss a rate The shipment is info is confirmed Carrier picks up and delivers freight If you have ever posted a load you know that you get calls from carriers with pricing that can be thousands of dollars difference.  When freight has to move it has to move.  If no trucks are in the area then the cost goes high to either deadhead someone in there or pay a driver what they are asking. The most efficient way right now is on the phone.  it is pretty quick if you have a great paying load but can be a lot of calls to to field or to make to find the right fit. Will a reverse auction solve some these issues.  Or will it be the other way around.  Will shippers start bidding for capacity of carriers in the area.  is all this visibility even efficient for the process or does it take away the free will of the truckers to charge what they want vs being told what a company will pay. If everyone can get notified in a second when freight is available will this make the marketplace for spot quotes better or worse.  We will see Trulos.com is developing an instant notification for drivers and will soon...

Rates pay more West to East and North to South

Why does this happen? Not sure but really does.  Brokers pay top dollar to ship from NJ to TX and huge discounted rates to go back the other way.  I guess some has to do with the south has less manufacturing. West has more produce and imports. Chicago has imports. Density and less trucks plays a part.  More trucks then freight plays a big part. I guess that is why load boards are heavy on freight from North East. No need to post a load from CA to NY because brokers have their go to carriers all ready set...

How to use a load board

We get a lot of questions from people just getting started or researching becoming an owner operator.  So we thought we would try and break this down a little bit on how to use and what to expect when using the Trulos Free Load Board or really any freight load board.    Find a shipment using trulos.com/truckload/state-by-state.php Call the shipper or freight broker when you find a load.  You can click on the company for more details. Negotiate the rate. Broker or shipper will send you a carrier agreement . Fill out the agreement and send it back with and requested documents.  These may include w-9, copy of insurance . The shipper or broker will send you a rate confirmation with pick details . That is really the basic over view.  Getting to the rate is about the only time you will talk to the shipper unless there is an issue.  Getting to the rate can be a little bit of a pain because we are n a spot quote market on load boards.  Generally people are looking to pay as little as possible or need to ship something that needs to be there.  On the flip side the truckload carrier is looking to get paid as much as possible.  Every load might not be the right one for you. Somethings to watch for are is the load posted by multiple brokers.  This either means that the shipper is looking to get as much coverage on the load and seeing who can get it covered for the least amount or it is a super hot load that may be...
Fuel Efficient Routing (Save fuel by going down hill)

Fuel Efficient Routing (Save fuel by going down hill)

Trulos has built a new money saving component aimed at helping the environment and saving truckers cash.  How do they do it?  Is there some tricky secret they have.  Ah.  Nope.  Go down hill as much as you can.  The Trulos Elevation Routing Tool allows dispatchers and drivers to quickly route the truck the most fuel efficient way. All you do do is put in the start and end info and Trulos calculated the best route based on the elevation.  Then displays the routes on map so you can see where to avoid the high elevation or take advantage of coasting down hill.  The milage for each route is displayed so you can see if it is worth it. Check it out today...
Fuel Efficient Routing Now Available On The Truck Load Board

Fuel Efficient Routing Now Available On The Truck Load Board

Check out this sweet Fuel Efficient routing we plugged into the truck load board.  Now when you are finding freight you can see if the rout you would take it red or Green.  The green means that it is the most fuel efficient route you can take. This is pretty sweet way to negotiate the truckload with the carrier or the shipper. If your route is all up hill then as a carrier you need to get more per mile and if the route is all down hill you can negotiate your way to a better rate per mile. Trulos is the first to incorporate fuel efficient routing into it’s free load board.  For even more fuel savings join with others and get the Trulos Fuel Card....