Freight Broker Industry Training Guide

Published October 10, 2010 | By Bman

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professionals. Every situation is different and the rate should reflect that.
The other common way is by weight. Take a load of potatoes for instance. Your customer might pay you by the hundredweight. They have a load of potatoes going 1200 miles. The miles only come into play when you are calculating, for your own good, the rate per mile.

ie: It is 48000 lbs of potatoes going 1200 miles paying .50 per hundredweight; The way you figure the rate is you take the weight (48000) divided by 100 (hence the “hundredweight term), and you get 480. So you have 480 “one hundred weights”. Then you multiply however many hundred weights by what it pays per hundred weight. So: 480 hundred weights X .50 per = 20 is the total pay. Then when you go to find a carrier you put it back into a per mile rate. If it is 1200 miles you divide the total rate of 20 by 1200

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