The trucking industry is experiencing significant challenges, primarily caused by the overabundance of freight brokers. Brokers are favored over direct carrier relationships due to their ability to efficiently coordinate multiple shipments and various cargo types, a task often beyond the capacity of individual truck owner-operators.
A significant drawback of freight brokers is their tendency to undercut asset-based carriers while avoiding similar operational expenses. Brokers often negotiate rates based on market conditions, which can result in less revenue for carriers. This practice can lead to financial strain for carriers, making it difficult to cover essential expenses like vehicle maintenance. As a consequence, numerous carriers have faced closure, while others operate unsafe vehicles due to insufficient resources. To ensure the sustainability of the trucking industry, a greater portion of freight revenue should be allocated to carriers rather than brokers.
The already struggling trucking industry faces additional challenges from predatory parking practices, paid parking fees, excessive maintenance costs, and other burdensome factors. A particularly disappointing aspect of the freight brokerage industry is the billions in profits that they take from trucking with no contributions to improving the quality of life within the industry. In contrast, our primary goal is to enhance the well-being of truck drivers and the overall trucking industry.
Our objective is to unite carriers who transport brokered freight, without forming a union. This collective action will enable us to strategically control our capacity, effectively eliminating the need for freight brokers. Brokers are nothing without trucks. Shippers will then have two options: either engage directly with carriers or post their loads on our load board, the Owner Operator Direct Carrier Company (OODCCO).