![]() If they will not provide you some reassurance that gives you some protection, in my experience, they will take your customer when it benefits them. ![]() Which is why the liquidation industry seems super incestuous and difficult to get close to the source at times. Lots of liquidators will not sell to their broker’s customers. When establishing a relationship with a supplier, ask them what safeguards they can provide to protect the business relationship. Make sure you take the time to try and put in place some of the following safeguards. First, let’s talk about liquidation suppliers as this is much more tedious than the freight side. It all comes down to how you set up both relationships. Have you ever sold someone a truckload and they ghost you afterwards, or one of the situations stated above happens? How can you protect yourself? If you broker liquidation truckloads, your source is not the only thing at risk here, your customer info is at risk as well. Kickbacks and envelopes of cash for sources is very much a thing. Maybe they sell that info for their own personal gain. If you are not dealing with a Freight company that operates with the highest level of integrity, what is stopping the freight company from giving your supplier info to other people? Maybe it is the “good ole boy” system and they drop your supplier to your competitor. If you think this doesn’t apply to you because you do not broker liquidation truckloads, do not be fooled. Similar risks are involved when picking a freight company to handle your shipping. Now that you understand the risks involved with brokering liquidation loads, let’s talk freight! It is important to understand this, because picking the right freight company is just as important as picking the right liquidation broker. This is an industry standard in Liquidation as well as other industries. You may think, “but that seems a bit like a cover up, dishonest even, is it common to ship a load blindly?” The answer is yes, tons of loads in the liquidation industry are shipped double or even triple blind as nothing more than an added layer of security. Very important- It is the carrier’s responsibility to provide the source and the client with the Blind BOL upon pick up and drop off rather than the original BOL that contains sensitive information. This is the liquidation broker’s last level of security to further conceal their source and their client from each other. ![]() However, in many cases liquidation brokers will also provide the carrier with a Blind Bill of Lading that does not include the accurate pick up and drop off locations. The carrier will be provided a Bill of Lading (BOL) for his or her reference that accurately states both the pick up and drop off locations. ![]() The next step in maintaining anonymity lies solely on the freight carrier providing the correct paperwork to the customer. Let’s say the pallets have no markings and up to this point there is no other indicator that would reveal the source- the liquidation broker is still not in the clear yet. One of the most commonly missed details is the presence of markings or labels on pallets that may directly indicate the source from which the pallets originated- a dead giveaway in other words. However, this can get tricky and requires vital attention to detail as there are revealing factors that can easily go unnoticed. The liquidation broker relies on his or her source to maintain anonymity to avoid truckload buyers attempting to cut out the broker and go straight to the source.
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