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How Much Can You Earn as a Freight Agent?

How Much Can You Earn as a Freight Agent?

What is a Freight Agent? A freight agent is an independent contractor who helps connect shippers with carriers willing to haul the freight. A freight agent works for a freight broker and plays a crucial role in the movement of freight, as a customer-facing salesperson of sorts who has to…

5 Tasks To Make A Freight Broker’s Salary

5 Tasks To Make A Freight Broker’s Salary

The Right Brokerage could Triple your Earnings! A freight broker is a key employee in the logistics operation of any company doing a significant portion of their business in shipping and delivery. The broker typically uses a variety of computer software to help he or she efficiently schedule freight deliveries…

Common Credit Practices

Common Credit Practices

You should take into your consideration when establishing a credit policy the factors that will be the standard practices in your line of business. It is most common in many businesses that customers with 30-day payment terms. In spite of the fact that you are not obligated to accept terms…

Extending Credit to Shippers

Extending Credit to Shippers

Extending credit to shippers, the credibility of information, efficiency of communication and control plays a vital role in managing credit in your small business. Before you can even begin to think about granting any kind of credit terms, it is essential that you research and get the correct information you…

Fuel  Surcharge Rate Confirmation

Fuel Surcharge Rate Confirmation

The fuel surcharge must be included separately on the rate confirmation sheet and you must never levy any commission for this amount. It is better to have a detailed rate confirmation with all the overheads like the line-haul rate, the paid miles, the tarp pay, additional stops & fuel surcharge….

Define spot quote?

Define spot quote?

A spot quote is a group of rates for a month. It is calculated based on the current market and it is done without a contract. So the spot quote is a rate quote for an individual Line Haul. So you should start talking to carriers who run this line…

Steps in Calculating Weight Distribution

Steps in Calculating Weight Distribution

1. Determine the weight and center of gravity location for all of the components and items to be considered. 2. Multiply the center of gravity distance times the weight to get the moment for each component and item. 3. Add all of the moments and divide by the wheelbase to…

What are the Common Equipment Types?

What are the Common Equipment Types?

Dry Van – Box Trailer Freight trailers (also called dry vans or simply “boxes”) are designed to carry virtually any kind of boxed, crated, or palletized freight. Configurations Standard lengths: 28’, 32’, 36’, 40’, 42’, 43’, 45’, 48’ and 53’. Standard widths: 96”-102” Maximum weight loaded: 46,000 lbs. Standard heights:…

What are the Requirements for all Brokers?

What are the Requirements for all Brokers?

All brokers must comply with all the requirements of the regulations in 49 CFR §371. These regulations require records to be kept and apply to how you conduct business. The FMCSA encourages you to familiarize yourself with these regulations; you can access them on the FMCSA Web site at www.fmcsa.dot.gov….