Broker-carrier agreements

Broker-carrier agreements document the obligations (requirements), consideration (rates and fees), and the capacity (qualifications and abilities of the parties). It is a legal agreement and should include: Name, carrier, license number, Date and term, Origination and destination points, Any service beyond basic freight contracts, such as loading, unloading, etc. Agreement not to subcontract, Freight rates and payment terms, Equipment and labor, Bills of lading, Dispute resolution and remedies.

Your carrier-broker agreement should also include liability, insurance, and bond requirements and indemnify brokers if a carrier breaches the contract.

Load confirmation. Load confirmation, also known as a load tender, lists out the details of the load for carriers. The load confirmation form includes information such as the address and hours of operation for shipping locations and who will receive the load upon delivery. It also provides information about the freight and hauling equipment, such as the required trailer type.

A load confirmation should also include a trip number for tracking, the commission or brokerage free structure, dates of service, and any additional charges, such as extra stops or pickups.

Accessorial charges. Accessorial charges might include items such as: Liftgate services, Layover, Reclassification or re weighing, Providing advance notification of delivery, Driver loading or unloading, Limited access, residential, or metro deliveries, After-hours deliveries, Oversized or over-length loads, Additional stops, Storage, Detention time.

Charges might also be assessed if drivers are forced to make redelivery. For example, if the receiver rejects the shipment, nobody accepts delivery, or unloading equipment is unavailable. Accessorial charges can include fuel surcharges and other fees as well.#freight_broker_training, #how_to_become_a_freight_broker_from_home, #become_a_freight_broker, #freight_agent