Finding and Negotiating Loads - Featured image

Finding and Negotiating Loads

02/08/2024 - Updated


Finding and Negotiating Loads

Finding profitable freight and negotiating competitive rates are core dispatcher skills. Whether searching load boards, working with brokers, or securing direct shipper relationships, successful load acquisition requires market knowledge, negotiation tactics, and relationship building. This comprehensive guide covers strategies for finding loads and maximizing rates.


Where to Find Loads

1. Load Boards (Spot Market)

Major Platforms:

  • DAT: Largest selection, 1.4M loads daily
  • Truckstop.com: 1M+ loads daily
  • 123Loadboard: Budget-friendly option
  • Uber Freight: Digital booking

Pros:

  • ✅ Immediate freight availability
  • ✅ Wide selection
  • ✅ Flexibility
  • ✅ Access to multiple brokers

Cons:

  • ❌ Highly competitive
  • ❌ Rate volatility
  • ❌ No guaranteed volume
  • ❌ Time-consuming searching

Best For:

  • Filling empty trucks quickly
  • Spot market opportunities
  • New carriers building relationships
  • Seasonal capacity needs

2. Direct Broker Relationships

Building Broker Network:

  • Work with same brokers repeatedly
  • Prove reliability and professionalism
  • Receive direct calls with loads (no board search needed)

Advantages:

  • ✅ Better rates (less competition)
  • ✅ Preferred carrier status
  • ✅ First call on good loads
  • ✅ Negotiation leverage
  • ✅ Consistent freight

How to Build:

  1. Deliver excellently on first load
  2. Follow up: "I'm heading to [location], got anything?"
  3. Be responsive when they call
  4. Communicate proactively about delays
  5. Make their job easier

Result:

  • After 3-5 successful loads, broker trusts you
  • You become "go-to" carrier for certain lanes
  • Better rates, less searching

3. Direct Shipper Contracts

Contract Freight:

  • Work directly with shippers (cut out broker)
  • Dedicated lanes or regular runs
  • Contract rates (guaranteed pricing)

Advantages:

  • Higher margins (no broker taking 15-25%)
  • Predictable volume
  • Consistent routing
  • Stable revenue

Challenges:

  • ❌ Higher qualification requirements
  • ❌ More rigid schedules
  • ❌ Larger fleet usually needed (consistency)
  • ❌ Harder to obtain (competitive)

How to Get:

  1. Start as backup carrier (when primary fails)
  2. Excel in service (on-time, no issues)
  3. Request dedicated lanes
  4. Prove consistency over months
  5. Negotiate contract

Best For:

  • Established carriers
  • Fleets wanting stability
  • Those with dedicated equipment/routes

4. Freight Forwarders

What They Are:

  • Companies that consolidate freight from multiple shippers
  • Book carriers to move consolidated loads

Characteristics:

  • Similar to brokers but focus on LTL consolidation
  • Regular routes and schedules
  • Consistent but moderate rates

Examples:

  • C.H. Robinson
  • XPO Logistics
  • Echo Global

5. Networking and Referrals

Industry Connections:

  • Other dispatchers, drivers, brokers
  • Trucking associations
  • LinkedIn, industry forums

Referrals:

  • Satisfied customers refer you
  • Other carriers (for freight they can't handle)
  • Shippers looking for reliable carriers

Load Search Strategies

Effective Load Board Searching:

1. Start From Delivery Location:

  • Before delivering current load, search for next load
  • Origin = Current delivery city
  • Pickup date = Same day or next day
  • Minimize deadhead

Example:

  • Currently delivering to Dallas tomorrow
  • Search: Origin Dallas, Pickup 02/09 or 02/10
  • Find loads before you arrive

2. Destination Flexibility:

"Anywhere" Search:

  • If no loads to preferred destination
  • Search Dallas → Anywhere
  • Sort by rate per mile
  • Choose best rate even if unexpected destination

Strategic Positioning:

  • Sometimes take medium rate to reach high-rate market
  • Example: Dallas → Denver at $1.80/mi to access Denver → CA at $2.50/mi

3. Multi-Criteria Sorting:

Sort Options:

  • Rate per mile (highest profitability)
  • Total rate (highest gross)
  • Pickup date (most urgent)
  • Destination (preferred markets)

Strategy:

  • Start with rate per mile
  • Filter out rates below your minimum
  • Then consider destination and backhaul potential

4. Time Your Searches:

Best Times:

  • 6-8 AM: Fresh overnight postings, less competition
  • 10 AM - 12 PM: Peak posting time, most selection
  • 3-5 PM: Hot loads for tomorrow, desperate brokers

Search Frequency:

  • Every 2-3 hours if actively searching
  • Load availability changes constantly
  • New posts every minute

Rate Negotiation Fundamentals

Know Your Numbers:

Calculate Minimum Rate:

Operating Costs:

  • Fuel: $0.50-$0.70/mile (varies by fuel price)
  • Driver pay: $0.40-$0.60/mile
  • Truck payment: $0.15-$0.25/mile
  • Insurance: $0.05-$0.10/mile
  • Maintenance: $0.10-$0.15/mile
  • Dispatch/overhead: $0.10-$0.15/mile
  • Total: $1.30-$1.95/mile (varies by operation)

Break-Even:

  • Your total cost per mile = Your minimum rate
  • Never accept below operating cost (unless strategic)

Target Rate:

  • Break-even + desired profit margin
  • Example: $1.60 cost + $0.40 profit = $2.00/mile target

Research Market Rates:

Tools:

  • DAT RateView: Historical rates by lane
  • Truckstop: Market rate data
  • FreightWaves SONAR: Real-time market intelligence

Example:

  • CA → TX dry van current average: $2.40/mile
  • Your cost: $1.60/mile
  • Negotiation range: $2.00-$2.60/mile (shoot for $2.40+)

Negotiation Tactics

Opening the Call:

Professional Introduction:

"Hi, I'm calling about the load from Los Angeles to Dallas posted on DAT. 
This is John with Blue Sky Trucking, MC-123456. 
I have a 2022 dry van available in LA tomorrow. 
What's your best rate on this load?"

Why This Works:

  • ✅ Professional and direct
  • ✅ Provides MC number (legitimacy)
  • ✅ States equipment and availability
  • ✅ Asks for "best rate" (implies negotiation)

When Broker States Rate:

If Rate is Acceptable:

Broker: "I can do $2,400 for this load."
You: "That works for me. Can you send the rate confirmation?"

If Rate is Low:

Broker: "I can do $2,000."
You: "I appreciate that, but I need $2,300 to make this work. 
It's 1,500 miles, I have a newer truck, excellent safety rating. 
Can you work with me on that?"

If Rate is Very Low:

Broker: "My max is $1,800."
You: "I understand the market is soft, but $1,800 doesn't cover my costs. 
I need at least $2,100. If you can do that, we have a deal. 
If not, I appreciate your time and let's connect on future loads."

Negotiation Leverage Points:

Your Strengths:

  • New equipment: "2023 truck, looks great for your customer"
  • Safety rating: "We have Satisfactory DOT rating, no accidents"
  • Availability: "I can pick up this afternoon"
  • Experience: "We run this lane weekly, know it well"
  • Reliability: "We've worked together before, always on time"

Market Leverage:

  • Tight capacity: "Trucks are hard to find right now"
  • Other options: "I have another load offer at $2,400"
  • Destination value: "Dallas is where I need to go"

When to Walk Away:

Red Lines:

  • Below cost: Never haul at a loss (except strategic positioning)
  • Terrible destination: Florida with no backhaul plan
  • Bad broker: Poor credit, scam risk
  • Unreasonable terms: Free detention, insurance requirements you can't meet

Phrases:

"I appreciate the offer, but that rate doesn't work for me. 
Keep me in mind for future loads at better rates. 
I'm always looking for more freight."

Why Walking Away Works:

  • Shows you're serious
  • Brokers respect carriers with standards
  • Sometimes they call back with better rate
  • Preserves your profitability

Advanced Negotiation Strategies

1. Bundle Approach:

Offer Multiple Trucks:

"I have 3 trucks in LA. If you can give me $2,400 each, 
I'll take all 3 of your loads to Dallas."

Why It Works:

  • Solves broker's problem (multiple loads)
  • Volume discount justifies better rate
  • Both parties win

2. Long-Term Commitment:

Offer Consistency:

"If you can give me $2,300 on this load, I'll commit to 
running this lane for you weekly. I can provide consistent capacity."

Why It Works:

  • Brokers value reliable carriers
  • Reduces their search time
  • Worth better rate for consistency

3. Quick Pay Trade-Off:

Negotiate Payment Terms:

"I can do $2,200 if you can do Quick Pay (payment in 5 days). 
If it's standard Net 30, I need $2,400."

Why It Works:

  • Cash flow matters more than slightly higher rate
  • Broker might prefer paying less with faster payment
  • You both win

4. Value-Add Services:

Offer More:

"I can do $2,300, and I'll provide real-time GPS tracking, 
photos at pickup/delivery, and hourly updates. 
My drivers are professional and your customer will love the service."

Why It Works:

  • Justifies premium rate
  • Broker's customer gets excellent service
  • Broker looks good
  • Worth paying more

Building Broker Relationships

First Impression Matters:

Load 1:

  • Be on time for pickup and delivery
  • Communicate proactively
  • Provide clean POD quickly
  • Handle any issues professionally

Follow-Up:

"Hey [Broker Name], this is John from Blue Sky Trucking. 
Just wanted to follow up - did your customer receive the delivery OK? 
Everything go smoothly on our end. 
I'm heading to [city] next, do you have any freight in that area?"

Result:

  • Broker remembers you positively
  • Will call you directly next time they have that lane
  • Better rates for preferred carriers

Consistency Builds Value:

After 5-10 Successful Loads:

  • Broker knows they can count on you
  • You're in their "favorite carriers" list
  • You get first call on good loads
  • Better rates than load board posting

Maintain Relationship:

  • Always be responsive
  • Deliver what you promise
  • Communicate issues early
  • Be professional even when frustrated

Common Mistakes to Avoid

❌ Mistake #1: Accepting First Rate Offered

Problem:

  • Broker expects negotiation
  • Posted rate is starting point, not final
  • Leaving money on table

Solution:

  • ✅ Always negotiate (politely)
  • ✅ Even if rate seems fair, ask: "Is there any flexibility?"
  • ✅ Worst they say is no

❌ Mistake #2: Focusing Only on Rate Per Mile

Problem:

  • $3.00/mi to terrible destination
  • Can't find backhaul, deadhead at $0/mi
  • Effective rate drops to $1.50/mi

Solution:

  • ✅ Consider round-trip economics
  • ✅ Calculate backhaul potential
  • ✅ $2.00/mi to good market > $3.00/mi to Florida

❌ Mistake #3: Not Verifying Broker Legitimacy

Problem:

  • Scam broker, never get paid
  • Lose $2,000-$5,000 per load

Solution:

  • ✅ Check FMCSA SAFER for active MC Authority
  • ✅ Check credit rating (DAT, Truckstop, RMIS)
  • ✅ Google the company (reviews, complaints)
  • ✅ Trust instincts (if seems off, it is)

❌ Mistake #4: Desperate Acceptance

Problem:

  • Truck sitting 2 days, accept terrible rate
  • Lose money on load
  • Sets bad precedent

Solution:

  • ✅ Have operating reserves (can afford to wait)
  • ✅ Search multiple boards
  • ✅ Call brokers in destination market
  • ✅ Position strategically even at break-even

Advanced Load Finding Techniques

1. Reverse Search:

Broker Calling You:

  • Post your available truck on load boards
  • Include: equipment, location, availability, destination preference
  • Brokers searching for trucks will call you

Advantages:

  • Brokers come to you
  • Shows demand for your equipment/location
  • Can negotiate from position of strength

2. Lane Specialization:

Become Expert:

  • Focus on 3-5 primary lanes
  • Example: CA → TX, TX → GA, GA → CA
  • Build broker relationships specific to those lanes

Benefits:

  • Known as "the carrier" for that lane
  • Better rates through specialization
  • Faster load finding
  • Predictable operations

3. Backhaul Planning:

Before Delivering:

  • Search for next load before current delivery
  • Book backhaul in advance
  • Minimize truck sitting time

Strategy:

  • While driver en route, search destination city
  • Book load for pickup same day or next day
  • Driver goes from delivery → pickup with minimal gap

4. Broker Networking:

Industry Events:

  • Trucking conferences, trade shows
  • Meet brokers in person
  • Exchange business cards
  • Follow up with email

Referrals:

  • Ask brokers: "Do you know anyone with freight from Dallas?"
  • Brokers often know other brokers
  • Warm introduction better than cold call

Rate Negotiation Scripts

Scenario 1: Broker Posts Low Rate

Posting: CA → TX, $2,000 (1,500 mi = $1.33/mi)

Your Response:

"Hi, I'm calling about the LA to Dallas load. I have a 53' dry van available. 
The posted rate is $2,000, but I need $2,400 to make this work. 
I run this lane regularly and provide excellent service. Can you do $2,400?"

Broker: "My max is $2,200."

You: "Meet me at $2,300 and you've got a reliable carrier who knows this lane."

Broker: "I can do $2,250 final."

You: "Deal. Send me the rate confirmation."

Result: Negotiated from $2,000 to $2,250 = $250 extra (12.5% increase)


Scenario 2: No Rate Posted ("Call for Rate")

Approach:

"Hi, I'm calling about the Dallas to Chicago load. 
I have a dry van available. What's your rate for this load?"

Broker: "What do you need?"

You: "The current market rate for this lane is $2.50/mile. 
I can do it for $2.40, which is 1,100 miles so $2,640 total."

Broker: "I can do $2,200."

You: "That's only $2.00/mile. I need at least $2,400. 
My truck is a 2022, excellent safety rating, I provide real-time tracking. 
Can you do $2,400?"

Broker: "Best I can do is $2,300."

You: "I can work with that. Send the rate con."

Scenario 3: Repeat Customer (Relationship)

Approach:

"Hey Sarah, it's John from Blue Sky. I'm looking at your Atlanta to Chicago load. 
We've worked together on this lane before at $2.30/mile. 
Can you do the same rate for me this week?"

Broker: "Market is soft this week, best I can do is $2.10."

You: "I understand, but I've been reliable for you on 15+ loads. 
Can you meet me at $2.20 to keep our partnership going?"

Broker: "OK, $2.20. You've earned it."

Result: Relationship value = $0.10/mi premium


Negotiation Psychology

Confidence:

Speak with Authority:

  • Know your worth
  • Know market rates
  • Don't apologize for asking fair rate

Body Language (Phone):

  • Stand up while negotiating (more confident voice)
  • Smile (it comes through in tone)
  • Slow, clear speech

Reciprocity:

Give and Take:

"I can come down to $2,300 if you can guarantee me a backhaul 
from Chicago at similar rate."

Both Parties Win:

  • Broker gets good rate on outbound
  • You get guaranteed backhaul
  • Total deal more valuable than one load

Scarcity:

Limited Availability:

"I have two other load offers for my truck. 
If you can match $2,400, I'll take yours because I prefer 
working with you."

Creates Urgency:

  • Broker knows you have options
  • May increase offer to secure your truck

Social Proof:

Leverage Track Record:

"I've hauled for [Major Broker], [Major Shipper], and [Other Broker]. 
They all pay me $2.50/mile for this lane. I'm giving you the same rate."

Establishes Credibility:

  • Shows you're proven carrier
  • Rate is justified by market acceptance

Handling Objections

"I can't pay that much":

Response:

"I understand budget constraints. What's the highest you can go? 
Maybe we can make it work."

Then:

  • If their max is close, negotiate middle ground
  • If way too low, politely decline

"I have cheaper offers":

Response:

"I'm sure you do, and those carriers might be great. 
My rate reflects my service level - new equipment, excellent safety record, 
real-time tracking, and proven reliability. 
You get what you pay for. I'm worth the investment."

"The market rate is lower":

Response:

"I respectfully disagree. DAT shows this lane averaging $2.40/mile this week. 
I'm at $2.35, which is below market. That's my best rate."

Have Data Ready:

  • Reference DAT, Truckstop rates
  • Show you've done homework

Conclusion

Finding and negotiating loads is both art and science. Success requires market knowledge, communication skills, relationship building, and confidence. Master these skills to keep trucks loaded at profitable rates.

Key Takeaways:

Where to Find Loads:

  • Load boards: DAT, Truckstop (immediate access)
  • Broker relationships: Direct calls, better rates
  • Direct shippers: Highest margins, requires consistency
  • Networking: Referrals and industry connections

Search Strategies:

  • ✅ Start from delivery location
  • ✅ Destination flexibility
  • ✅ Time searches strategically (early AM best)
  • ✅ Plan backhauls in advance

Negotiation:

  • ✅ Know your costs and minimum rate
  • ✅ Research market rates
  • ✅ Negotiate confidently
  • ✅ Use leverage (equipment quality, safety, reliability)
  • ✅ Build relationships for better long-term rates

Avoid:

  • ❌ Accepting first offer without negotiation
  • ❌ Focusing only on rate (ignore destination quality)
  • ❌ Working with unverified brokers
  • ❌ Desperate acceptance of terrible rates

"Every negotiation is practice for the next one. Build skills, build relationships, build profitability."


Continue Learning:

Master load finding and negotiation for consistent profitability. Continue your education at Carriversity.

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