05/26/2025
You got a $6,000 settlement… but only $4,900 hit your account.
Where’s the other $1,100?
If you don’t know exactly where it went, you’re not running a business — you’re guessing.
Here’s what’s likely missing from that payout:
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1. Fuel Advances
If the broker advanced you $300 for fuel, they’re taking it out of the settlement.
Did you write that down when it happened?
If not, you just lost visibility on that $300.
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2. Factoring Fees
If you’re factoring at 3%, that’s $180 off the top.
Most drivers never double-check their factoring deductions — that’s how they get overcharged.
You should be checking your factoring statements monthly to catch errors.
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3. Dispatcher Cuts
Some dispatchers pull their cut right from the settlement.
If you’re paying 8% on that $6,000, that’s another $480 gone — silently.
That’s not “a little off the top.” That’s almost $2,000/month.
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4. Escrow, Trailer Rent, Insurance Deducts
A lot of companies hold escrow, charge trailer rent, or deduct insurance right from your payout.
If you don’t track that? That money disappears from your books.
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5. Chargebacks or Misc Fees
Late delivery? Lumper fee? Route violation?
That might’ve cost you $100–300 and you didn’t even catch it.
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Bottom Line:
Every single load settlement should be broken down line by line.
• What you grossed
• What was deducted
• What you kept
• Why each number changed
If you can’t trace your income, you’re leaving profit on the table.
Contact us to gain control nd visibility into your businesses finances. 🌳
