{"id":5753,"date":"2020-05-06T11:05:50","date_gmt":"2020-05-06T17:05:50","guid":{"rendered":"https:\/\/www.ooida.com\/?p=5753"},"modified":"2020-07-24T11:02:34","modified_gmt":"2020-07-24T17:02:34","slug":"ooida-asks-congress-to-ensure-transparency-in-broker-transactions","status":"publish","type":"post","link":"https:\/\/www.ooida.com\/2020\/ooida-asks-congress-to-ensure-transparency-in-broker-transactions\/","title":{"rendered":"OOIDA asks Congress to ensure transparency in broker transactions"},"content":{"rendered":"
\n
Owner-Operator Independent Drivers Association<\/strong><\/h5>\n

1 NW OOIDA Drive, Grain Valley, MO\u00a0 64029<\/strong>
\nWeb Site:<\/strong>\u00a0www.www.ooida.com<\/a><\/em>
\nFacebook:<\/strong>\u00a0OOIDA Facebook<\/a><\/em><\/p>\n

Contact:<\/strong>\u00a0<\/em>Norita Taylor,\u00a0norita_taylor@ooida.com<\/a>
\nHeadquarters<\/strong>: (816) 229-5791<\/span><\/p>\n<\/div>\n

For Immediate Release<\/strong><\/em><\/p>\n

OOIDA asks Congress to ensure transparency in broker transactions<\/h3>\n

The Owner-Operator Independent Drivers Association sent\u00a0a letter to Congress<\/a>\u00a0today urging immediate action to help truckers know they are being compensated fairly.<\/p>\n

Recent protests by truckers in Houston<\/a>, Hartford, El Paso and other cities have largely focused on concerns that brokers are taking advantage of independent truckers. This has also been a central theme of the\u00a0demonstrations currently taking place near the White House<\/a>.<\/p>\n

The economic downturn caused by COVID-19 has resulted in significant over capacity in trucking. This has driven freight rates to historic lows. Truckers who have helped keep the nation safe, healthy and supplied, are now struggling mightily. Many small motor carriers and owner-operators are concerned their businesses will not survive the crisis.<\/p>\n

One long-time problem that has boiled over as a result of COVID-19 is the lack of transparency between brokers and motor carriers.<\/p>\n

Brokers are third-party entities that contract with truckers to haul freight for shippers. Federal regulations require these brokers to maintain detailed records of their transactions with motor carriers. Motor carriers have the right to view this information, which includes how much a shipper is paying a broker and how much the broker is then paying the motor carrier. Unfortunately, brokers routinely circumvent these requirements.<\/p>\n

The letter we sent today explains that brokers often find ways of avoiding federal regulations (CFR 371.3) requiring them to keep records of transactions and making them available to carriers. OOIDA demanded that brokers should immediately provide an electronic copy of each transaction record once the contractual service has been completed and that brokers should be prohibited from waiving 371.3 requirements.\u00a0You can read a copy of the letter here.<\/a><\/p>\n

Related Press Releases:
\n<\/strong>OOIDA thanks FMCSA for protective masks<\/a>
\n<\/strong>America\u2019s truckers urge Congress to show support with action, not just words, once COVID-19 crisis is over<\/a>
\nOOIDA sends urgent message to POTUS, COVID-19 task force<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Owner-Operator Independent Drivers Association sent\u00a0a letter to Congress\u00a0today urging immediate action to help truckers know they are being compensated fairly.<\/p>\n

Recent protests by truckers in Houston, Hartford, El Paso and other cities have largely focused on concerns that brokers are taking advantage of independent truckers. This has also been a central theme of the\u00a0demonstrations currently taking place near the White House.<\/p>\n","protected":false},"author":357,"featured_media":2301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[519,514,63,521,516,520],"acf":[],"yoast_head":"\nOOIDA asks Congress to ensure transparency in broker transactions - OOIDA<\/title>\n<meta name=\"description\" content=\"OOIDA recognizes the urgency of improving our nation\u2019s infrastructure and looks forward to working closely with lawmakers to make sure a plan is put in place that does not burden small-business truckers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ooida.com\/2020\/ooida-asks-congress-to-ensure-transparency-in-broker-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OOIDA asks Congress to ensure transparency in broker transactions - 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