Tucker Blog
Monday, December 23, 2013
How Do You Feel About Your Broker Advancing Cash to Drivers Hauling Your Freight?
Many, many freight
brokers regularly use wire-services to pay drivers a portion of the cost of
your load, while they’re hauling your freight! Ask yourself, are you
comfortable with this?
Here’s why you might not be: 1) a carrier
asking for advance payment directly to the driver is likely undercapitalized,
living hand to mouth, which may jeopardize public safety and the safety of your
freight; 2) when a driver already has cash in hand, the driver’s motivation to drive
with care and get paid for a job well done is lowered; 3) money-wiring to
drivers is very risky business, rife with opportunities for fraud, extortion
and theft; 4) The broker itself may have poor credit with the carrier, which
could be the reason for the advance.
For 53 years, Tucker has worked diligently
to earn credit terms with licensed motor carrier fleets and owner operators who
issue credit. We do not advance cash to drivers. While any firm reserves the
right to not extend credit for any reason it chooses, we believe a carrier’s ability
to routinely operate on credit indicates a level of business competence and
maturity that we believe makes a positive impact on our service to our
customers.
Don’t risk it. If you wouldn’t pay up-front cash to a driver to
haul your product, don’t let a broker do it. Call Tucker.