How do I become a Freight Broker or Freight Broker Agent?

A freight broker is legally a property broker, which is the term established by the Federal Motor Carrier Safety Administration (FMCSA), a division of the United States Department of Transportation. It describes licensed individuals or corporations that help make a shipper and an authorized motor carrier successful in the transporting of freight.



There are four legal requirements needed to operate as a freight broker.

1 Broker's Authority,

2 Surety Bond or Trust Fund, which you can obtain from a bonding company. The cost varies depending on your personal credit. You're required to carry a $10,000 bond or trust, but if your credit is good,

3. Boc -3 Processing Agent

4. UCR Registration

is this a growing field? Is it in demand?
This is still a relatively new industry, as there were only around 70 brokers in 1970. It's estimated that freight brokers accounted for over 10% of the shipping industry, or roughly $40 billion out of $400 billion, in revenues. A recent article in the Wall Street Journal cited freight brokerage and logistics as the fastest- growing sector of the transportation industry.

Is there another way to get into the industry without having to get a bond and license?

Yes. become a freight broker agent you'd operate as an agent, under the umbrella of another broker's authority, and you would do a split with the broker on your profits.

5. What equipment will I need to get started?

you'll need a computer with high-speed Internet, a fax machine, a telephone, and phone service with inexpensive unlimited long distance. and a dispatch system.

6. Is this a job that I can do from home?

Absolutely.

7. How long will it take for my business to become profitable?

It will take some time to build up your customer database, it can take three to six months of disciplined work. Sometimes it takes much less time But once you begin securing customers, Your level of success depends on many factors, such as your level of determination, your tenacity, and your genuine desire to help your customers succeed.

A1 Freight Training We are here To Be of Service

Start Today Call (706) 451-9371

Freight Broker Business Training $750.00
Freight Agent Training $500.00 with placement assistance