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Crude oil broker?

Discussion in 'Freight Broker Forum' started by early007, Jan 14, 2013.

  1. Jan 14, 2013 #1
    early007

    early007 Bobtail Member

    3
    0
    Jul 16, 2012
    0
    Anyone have any experience with this? I am doing a little research for my company. We are small but growing. Hauling for a couple of companies in ND and New Mexico. I'd love to know more about what it takes to broker crude. How does one go about sealing a deal with an oil marketing company? Any insight would be appreciated. We can also email if you prefer. Thanks.

    Sincerely,

    Jason
     
    early007, Jan 14, 2013
    early007, Jan 14, 2013
    #1
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  3. Jan 15, 2013 #2
    Ezrider_48501

    Ezrider_48501 Road Train Member

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    Apr 2, 2011
    bismarck, nd
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    crude oil isn't really a brokered load. basically a company signs a contract with a oil company to haul there crude oil, this company does direct shipments for that oil company. They haul the crude from oil well location to pipeline or rail facility.
     
    Ezrider_48501, Jan 15, 2013
    Ezrider_48501, Jan 15, 2013
    #2
  4. Jan 15, 2013 #3
    early007

    early007 Bobtail Member

    3
    0
    Jul 16, 2012
    0
    Thanks. I already understand the basics. We are currently hauling loads but I was just curious about the details of the contracts with the oil companies. I'd love to make that leap at some point with our company.
     
    early007, Jan 15, 2013
    early007, Jan 15, 2013
    #3
  5. Jan 15, 2013 #4
    Ezrider_48501

    Ezrider_48501 Road Train Member

    3,845
    5,130
    Apr 2, 2011
    bismarck, nd
    0
    contracts go out for bid. some more often than others. have capacity to fulfill contract the right price ect you may win the bid.
     
    Ezrider_48501, Jan 15, 2013
    Ezrider_48501, Jan 15, 2013
    #4
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