RATE CON
Rate Confirmation
In short
Rate con is short for Rate Confirmation. It's the broker's confirmation of what the load is, where it's going, when, and for how much.
In plain words
It's like a prenup.
While everything is fine, nobody reads it. When there's a fight, everyone checks every line.
A broker saying 'two grand' on the phone means nothing yet.
What's written in the rate con is what you get paid.
That's why a good dispatcher doesn't send a truck until the rate con is in and the numbers are checked.
Your turn
Ever been burned by a verbal deal? Tell us in the comments.
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Keep reading
BOLBOL stands for Bill of Lading. It's the main document for a load: what you're hauling, how much, from whom, and to whom.MC NUMBERMC is an operating authority number from the federal agency. Without it, a company can't haul freight for pay across state lines.PODPOD stands for Proof of Delivery. It proves the load was delivered.