Many experienced, successful commodity brokers and traders reach a point where they consider opening their own brokerage firms. They would gain the opportunity to make significantly more income, but the venture also involves a lot more work and responsibility. Making the right choice for your own career depends on your personal strengths,…
You found a load on a load board that meets your business requirements. The next step is contacting the broker to negotiate the freight rate. Rates listed on load boards are rarely “all-in”. “All-in rates” cover the hauling cost as well as assessorial fees and fuel surcharge. Brokers generally offer lower rates because that…
A freight broker is a middle man between a trucker and a customer in need of shipping services. As a broker, you connect drivers with companies or individuals that need their goods shipped to a specific location. Brokers are not shippers or carriers. They work with shippers to find a carrier willing…
Online training delivers real benefits for staff development. Some benefits are inherent in all online training courses. But it’s also important to look for specific features that deliver a personalized approach to your online training. We’ve summed it up in a simple slideshow that illustrates the benefits of online training…
With Packages starting as low as $99, you can learn the skills you need to be successful in the Transportation and Logistics Management as a Freight Broker/Agent with our online freight broker training courses. As a leader in the online freight broker training industry, Freight Brokers Course.com has developed a Freight…
A logistics company plans, implements, and controls the movement and storage of goods, services or information within a supply chain and between the points of origin and consumption. Various logistic companies handle some or all of these supply chain functions, depending on a client’s logistical needs. Logistics is a term…
Lets face it, trucking has become a commodity, there are some freight payers (I like to call them Beneficial Freight Owners or BFO) that identify in having a good carrier through thick and thin is the best option but the spreadsheet function of SORT Z-A is the tool of choice…
With Our Online Freight Broker Training School! NEW Add a recording of our training guide to any package! As a leader in the online freight broker training industry, Freight Brokers Course.com has developed a Freight Brokerage License school for students to become independent contract agents or freight brokers. You can study…
Discover the essential steps to become a freight broker, including certification, training, and industry insights.
People often use the terms 3PL and freight broker interchangeably, however, this creates confusion regarding the nuances of either service. 3PLs and Freight Brokers are both intermediaries between the shipper and the carrier, yet their roles differ. A broker focuses primarily on executing a singular shipment and works to meet…
Licensing to operations, to sales and marketing, you’ll learn the basics of how to run a domestic freight brokerage or agency in the United States. Written by freight brokerage specialists, our Online Freight & Logistics Management Broker/Agent Training Course will provide you with the knowledge and resources needed to build…
Over-the-road trucks transport everything from food to electronics to construction equipment. Truckers get their loads from companies and brokers, even other truck companies. Regardless of where the load comes from, the company must set a reasonable rate for the load. When trucking companies are asked to transport a load, they…
1. What is a freight forwarder? A freight forwarder is responsible for the transportation of goods between one destination and another. Freight forwarding companies specialize in arranging the whole process for their shippers, from the storage to the shipping of their merchandise. They act as an intermediary between the shipper…
Importing and exporting are key components for many lucrative businesses. International shipping could present great business opportunities for you, but may also seem daunting. If you have not heard the term “freight forwarder” before, you may be a little confused. Is it a shipping company? A distribution manager? An importing…
Rental trucks provide an easy and affordable way to transport lots of small objects at once and haul large items that you otherwise wouldn’t be able to budge. Though the rental process may seem confusing at first, it is actually fairly straightforward once you know all the steps involved. Figure…
Learn the essential steps to starting a freight brokerage company, from licensing to client acquisition and growth strategies.
1. Select a legal structure for your business Decide if you want to operate as a sole proprietorship, a partnership, a limited liability corporation, or a number of other options. Speak with an attorney or accountant to discuss the pros and cons of each option. 2. Apply for operating authority…
“Logistics typically refers to activities that occur within the boundaries of a single organization and Supply Chain refers to networks of companies that work together and coordinate their actions to deliver a product to market. Also, traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management….
Freight Brokerage Business : Workday Connect Shippers with Motor Carriers A freight broker is basically a shipping middleman: an individual or company that arranges shipping services between another individual or company and an authorized carrier. The broker is not the actual shipper or carrier, just the liaison between the two….
Are you a Freight Broker or Dispatcher? Freight Broker Freight brokers work with both shippers and carriers and serve as the middle man. Many freight brokers make money by negotiating rates with shippers and negotiating a different rate with carriers. The difference between the two rates is the freight broker’s…
1. Get Connected. One of the easiest ways to build your carrier database is to ask other freight brokers for referrals. Even if you don’t know any other brokers, you can start networking by joining an industry organization, such as the Transportation Intermediaries Association (TIA). TIA is a freight broker membership community…
Here are 10 Ways Freight Brokers Can Generate Leads to grow their brokerage business online: 1. Start with people that you know – your current contacts: Ask friends and family where they work. Not every company requires shipping, but many do. A freight agent’s current contacts are a great source…
freight brokers: Comprehensive overview of these logistics professionals. Learn about roles, responsibilities, and opportunities in the industry.
The most important job for any broker, owner-operator, or small fleet owner is finding the best-paying freight loads to haul. For many, this task is the most difficult part of owning a trucking company. Unfortunately, many truckers and owner-operators go out of business because they don’t know how to find…
What is a BOC-3? Form BOC-3 (Designation of Agents for Service of Process) gives motor carriers, brokers and freight forwarders a legal presence in any state where they do business. By filing the BOC-3, which stands for a blanket of coverage, a trucking company designates the process agents that represent…
