Terms and Condition
In the interest of superior service, this contract will include the expectations and responsibilities of NYB Ventures Group Inc and the signee below (herein referred to as carrier).
NYB Ventures Group Inc (herein referred to as dispatch), will provide the service of finding and setting up loads through brokers for owner operators and small fleets. Load confirmations will be sent immediately after being booked via email to the carrier.
When booking loads, dispatch will always credit check the load via your factoring company to make sure the broker has the necessary credit to pay for services rendered. If you would like to be quick paid and/or receive fuel advances, please inform us and dispatch will book the loads through the broker to the carrier’s standards and needs.
As a carrier, you must keep a 75 or less score on your DOT safety rating; you must keep all trucks and trailers in great working condition; you must keep current on physicals and drug testing; you must be available to work and accept loads 7 days a week; you must pickup/deliver all loads ON TIME (unless discussed with dispatch first); you must check call to dispatch twice daily for updates between the hours of 8am to 4pm EST.
Rates And Plans
NYB Ventures Group Inc offers carriers 3 dispatching plans
The terms for each plan is as follows;
- Flat Rate- NYB Ventures group will bill carriers a flat rate of $350 per week, per truck that NYB Ventures Group Inc provides dispatching services for. This will be billed to the card provided on file every Friday.
- Per Load Basis- NYB Ventures group Inc will bill carriers a flat rate of 5% of the total cost of each load, per truck that NYB Ventures Group Inc provides dispatching services for. This will be billed per load to the agreed payment method that you have provided as soon as you have picked up the load. Payment due within 6hrs of you receiving the invoice
- Your Rate- NYB Ventures Group Inc will provide dispatching services for Your Rate. If NYB Ventures Group Inc was able to dispatch the carrier at said rate, Carrier then agrees to pay NYB Ventures group Inc for dispatching, the difference between the rate per mile that they initially wanted and the rate per mile at which NYB ventures group was able to book the load for. This will be billed on a per load basis per truck that we dispatch for you. Payment due within 6hrs of you receiving the invoice.