• ⚠️ Understanding Double Brokering in the Freight Industry: Risks and Dangers

    Posted by Bill Hood on June 20, 2023 at 5:35 pm

    🚚⚠️ Discover the risks and dangers of double brokering in the freight industry! Learn about the challenges it poses to carriers, shippers, and freight brokers, and how it affects accountability, efficiency, and liability in the supply chain. Protect your trucking business by working with trustworthy partners and maintaining clear communication!

    Read our latest blog post to find out more:

    https://trucking.mba/understanding-double-brokering-in-the-freight-industry-risks-and-dangers/

    Understanding Double Brokering in the Freight Industry: Risks and Dangers

    Bill Hood replied 7 months, 3 weeks ago 2 Members · 2 Replies
  • 2 Replies
  • Emma Smith

    Member
    July 5, 2023 at 9:25 pm

    How are these people making money on this?

    I see brokers complaining and carriers saying they go cheated, but just not seeing how this can make someone money.

    • Bill Hood

      Administrator
      April 12, 2024 at 2:17 pm

      They book a load as a carrier with any broker.

      Then they have a broker that turns around and books with another carrier. And they never intend to pay the carrier.

      They have the carrier that hauled the load send the BOL in then they take quick pay from the original broker.

      Booking $10k’s in loads in a day is not hard to do. And if you post and are paying over market rate, you will get someone willing to take the risk.

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