Carriers want to know when they will be paid, what sort of liability they might be required to have any other stipulations of the truck load before considering to haul it. Without the broker carrier agreement, truck freight cannot be booked and subsequently hauled.
A Broker Carrier Agreement may include:
When brokers work together, it is usually because one has capabilities to complete whatever the other currently lacks. The bottom line is that co-brokering gives brokers the ability to adapt and adjust to unfamiliar situations. By working together in a co-broker relationship, both brokers benefit, as well as the initial customer. All parties involved should have the satisfaction of a job well done by servicing a customer and maintaining a profit.
There are many instances in life where confidentiality is a necessity. This can be particularly true in business. However, even if confidentiality is expected, it is not always delivered. Instead of simply expecting someone to stay true to their word, we require a mutual confidentiality agreement. This is the only way to ensure that the information of Cargo Maritime and its clients, such as confidential trade secrets or proprietary information is protected at all times.
The Mutual Non-Disclosure Agreement is essentially a confidential relationship between Cargo Maritime and its vendors. The agreement details how information is disclosed and actions taken if any information is released without the consent of Cargo Maritime.