What is a broker shipper agreement?
Freight Broker agrees to provide Shipper with adequate proof of acceptance and delivery of such loads in the form of a freight bill, and Shipper understands that the Freight Broker will be compensated by the carrier for the moves on which the Shipper pays the Freight Broker the transportation charges.
How do you fill out a broker carrier agreement?
Does the shipper pay the broker?
Individual brokers are paid on commission, and so their incentive is to maximize how much they charge shippers and minimize what they pass on to carriers. An average brokerage fee ranges from 15% to 20%, though the numbers can go much higher than that. This translates to higher costs passed onto the shipper.
What is a carrier agreement?
A carrier agreement is a legal contract between a customer and a carrier that outlines the terms and conditions in which the carrier provides certain services to the customer.