Brokerage Flashcards

1
Q

How to the brokers calculate the rate ?

A

Flat rate (Line Haul) + Fuel surcharge

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2
Q

What DAT stand for?

A

Dial at Truck

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3
Q

DAT what is used for ?

A

Is a platform (como indriver) used by the brokers

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4
Q

Carrier list what should include ?

A

-MC#
- Company name
-Point of contact
-Phone number
-Email

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5
Q

Preparation (All information related to the load)

A

-Additional services
-SHIPPER and RECEIVER hours (Location)
-Type of load (FTL or Partial)
-Total weight or weight per piece

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6
Q

What does it means “Be knowledgeable “ for a Broker?

A

-Be aware of products season conditions

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7
Q

What is the carrier Packet?

A

-Broker/ carrier contract
-W9
-Authority or DOT permit
-NOA - Notice of assignment
-Certificate of insurance (COI)

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8
Q

What Notice of Assignment means ?

A

It’s a contract between the Factory company and the Carrier.
The factory company paid in advance and charge a % to the Carrier. The broker pay in 30 days to the FC. (FC borrowed the money to the carrier while the broker pay)

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