You cannot claim to be the "Uber of trucking" if you're just like Uship.
You guys clearly know nothing about shipping or real-time freight applications.
Sometimes I see questions like does Doft need a license of a freight broker.
The answer is no.
Doft is not a broker - Doft is a marketplace.
The difference is that the broker is involved into the cashflow between the shipper and the carrier. He receives the payment from the shipper, cuts his commission and pays the carrier. That is why he needs the license from FMCSA and a surety bond.
Doft is not involved into the cashflow. Doft factors the payments. What does it mean? Usually the shippers and the brokers pay drivers 15 to 60 days after the shipment is done. Some brokers can offer quickpay at an additional fee. Doft makes the payment right after the shipment is completed and the POD is received. Then Doft collects the payment from the shipper. Still Doft doesn't cut the commission. Doft has a fixed service fee.
Broker decides whether to work or not to work with each particular carrier. He does the complete carrier's safety checkup. And if something goes wrong he can be accused in negligent carrier acquisition.
Doft does the complete carrier checkup before any motor carrier is assigned, but it is the shipper who decides whether to work with each particular carrier or not to work.
That is the difference.
The answer is no.
Doft is not a broker - Doft is a marketplace.
The difference is that the broker is involved into the cashflow between the shipper and the carrier. He receives the payment from the shipper, cuts his commission and pays the carrier. That is why he needs the license from FMCSA and a surety bond.
Doft is not involved into the cashflow. Doft factors the payments. What does it mean? Usually the shippers and the brokers pay drivers 15 to 60 days after the shipment is done. Some brokers can offer quickpay at an additional fee. Doft makes the payment right after the shipment is completed and the POD is received. Then Doft collects the payment from the shipper. Still Doft doesn't cut the commission. Doft has a fixed service fee.
Broker decides whether to work or not to work with each particular carrier. He does the complete carrier's safety checkup. And if something goes wrong he can be accused in negligent carrier acquisition.
Doft does the complete carrier checkup before any motor carrier is assigned, but it is the shipper who decides whether to work with each particular carrier or not to work.
That is the difference.