Rate cons

Rate con fine print: what to check before you roll

The rate con is the deal. Whatever it says is what you get paid, and whatever it fines is what comes off. Read all of it before the truck moves.

First: is the broker real?

Fake brokers and double brokering hit owner-operators hard. A rate con that doesn't match is the first sign.

The money

The fines

Getting paid

Clauses to push back on

Not every clause is negotiable. But you can always say no to a load before you sign, and you can't after the truck rolls. Know your break-even with the cost per mile calculator so you know how much fine print a load can carry.

How TenFour handles rate cons

We read every rate con before you roll: tracking rules, late and missed appointment fines, POD deadlines, lumper and detention terms. If it doesn't match what we agreed, we ask the broker for a corrected one before signing. We check every broker's authority before booking and flag a rate con whose MC doesn't match. Every rate con is in your name and comes to you as soon as it's signed, and your driver gets the terms that cost money in one plain text.

Questions

What is a rate confirmation?

The broker's written agreement for one load: pickup and delivery, the rate, extra charges, and the terms. Together with your broker-carrier agreement, it's what the broker will hold you to and what you can hold them to.

What if the rate con doesn't match what we agreed on the phone?

Don't sign it. Ask the broker to send a corrected one. Once it's signed and the truck rolls, the paper usually wins.

What is TONU?

Truck Ordered Not Used. If the broker cancels after you've been dispatched or arrived, a TONU pays you something for the trip. If the rate con doesn't mention it, ask before you sign.

Can I see what the broker was paid for my load?

Federal rule 49 CFR 371.3 gives each party to a brokered shipment the right to review the broker's record of the transaction. Many broker-carrier agreements ask carriers to waive that right, so read yours before you sign it.

Want a dispatcher who works for your margin?

Every truck gets its own dispatcher. We judge every load on rate per total mile, deadhead included, and never book under your minimum. Brokers pay you directly.

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