Freight Broker Training
Learn the proven system and road map towards success in transportation brokering, from experts in the field! No matter the state of the economy, products will always need to be shipped. The United States transportation shipping industry is a $600billion+ industry, and the demand for freight brokers and freight broker agents is on the rise! As a freight broker you can work from home or anywhere that has a computer and a phone.
What is a Freight Broker?
Often times, if a person isn't already involved in the transportation industry, the first question that comes to mind regarding freight brokers is: "What is a freight broker?" A freight broker is a middleman working with the shippers/manufacturers needing to move their products and the carriers/trucks authorized to take possession of and haul freight. Freight brokers can be known by many different names within the transportation industry, such as: transportation broker, truck broker, trucking broker, and load broker. But, these names all refer to the same profession and can be used interchangeably. When a person decides they'd like to learn how to become a freight broker, they must consider not only the legal requirements of obtaining their freight broker license, but they must also learn how to perform the tasks required of a successful freight broker. An effective freight broker training course is essential for new brokers.
What is a Freight Broker Agent?
After learning what a freight broker does, the next question is usually: "What is a freight agent?" A freight broker agent, or freight agent, works under a freight brokerage, generally by contract. The freight agent's contract with the freight broker allows the freight agent permission to broker freight using the brokerage name and license requirements. Freight agents are usually self-employed independent contractors working in commission only positions. Freight agents generally earn a commission of 50% to 80% of the freight brokerage profits from each of the loads moved by the freight agent.
Along with securing and maintaining the broker's licensing requirements, the freight broker also handles the carrier invoice processing and payments, the shipper billing and collections, and the cash flow. The freight agent is expected to be able to prospect and bring in shipper customers and they are expected to be able to broker their customer's freight with very little direction from the brokerage. Most freight brokerage firms do not offer on-the-job training.