Understanding the Role of the Federal Motor Carrier Safety Administration (FMCSA) in Freight Broking: A Comprehensive Guide
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
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…
The Impact of ELDs on Carriers and Shippers: What Freight Brokers Need to Know to Comply
ELDs have caused quite a bit of controversy this past year; however, experts are saying that the mandate has shined a light on HOS and detention causing a tighter collaboration between carriers and shippers. ELDs are Allowing Carriers and Shippers to collaborate. Now that the industry has ELDs, people can more…
Top Stock Broker Training Programs
Find the best stock broker training programs to launch a successful career in finance and trading.
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…
Why Trucking Companies Need Freight Brokers: Benefits Explained
The California Air Resources Board (CARB) opens the second round of its Clean Off-Road Equipment Voucher Incentive Project (CORE) today, providing point-of-sale discounts on off-road zero-emission equipment. The project is administered by CALSTART and has $125M in funding available, more than double the amount allocated to the project when it…
Understanding Fuel Surcharge Rates and How to Confirm Them: Expert Tips and Strategies
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….
Freight Broker Interview Tips to Ace Your Interview
Freight Broker Interview: Prepare for success with our guide. Learn common questions, best responses, and tips to impress potential employers or clients.
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
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?
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?
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….
How to get your Freight Brokers License?
The rules governing applications for operating authority are stated in regulations, 49 CFR §§365 and 366. The process to obtain operating authority as a broker begins with FMCSA’s application for Motor Property Carrier and Broker Authority Form (OP-1). Becoming a freight broker requires the applicant to submit three (3) forms…
How to Become a Freight Agent?
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 anywhere at any time with our cutting edge Learning Management System. Register Today and start learning Instantly! Become…
Step-by-Step Guide: How to Get a Freight Broker License
Learn how to get a freight broker license with our step-by-step guide, covering requirements, costs, and key steps to kickstart your brokerage career.
What is Difference between Freight Forwarder and Freight Broker?
A freight forwarder is a person or entity that holds itself out to the general public as providing transportation of property for compensation and in the ordinary course of its business: Assembles and consolidates, or provides for assembling and consolidating, shipments and performs or provides for break-bulk and distribution operations…
How to Get Freight Broker Bond in NV?
The Nevada Freight Broker Bond is evidence of financial dependability and fluidity. It is a manifestation of access to liquid assets in complying with commitments and meeting prospective claims. It is also a guarantee that when matching accredited and dependable transport carriers to shippers’ needs, the standards of ethical freight…
NEW YEARS RESOLUTIONS FOR BROKERS IN 2019
It’s time for the New Years resolutions for brokers in 2019! 1. Always be prospecting. Most brokers don’t prospect enough, while the best brokers prospect constantly. This year, make prospecting the first and last thing you think about when you get to the office, with these 7 ideas for better prospecting….
Managing Driver Home Time and Freight Broking: What’s the Connection and How to Get Started with Home Time
In the last week before Christmas, carriers make plans to get their drivers home for the holiday. It’s one of the only days of the year that most carriers guarantee their drivers hometime, and they generally make every effort to keep their promises. This nationwide repositioning has a significant effect…
Saving Christmas
A good-hearted family steps in to save the Magical Christmas Caroling Truck, a holiday ritual in North Hollywood, Toluca Lake and Burbank. For the area, the family was ‘pretty much saving Christmas.’ A quirky tradition that blasted Christmas cheer through North Hollywood, Toluca Lake and Burbank was almost stopped in…
Freight Broker Guide to Logistics and Supply Chain Management
Complete freight broker guide to logistics, including strategies for managing shipping and supply chains.
Rising Demand for Freight Brokers: Market Insights
Curious about the demand for freight brokers in today’s market? Discover the current landscape and job prospects for this dynamic profession.
The Role of Technology in Transportation: What Freight Brokers Need to Know to Succeed
African-American Founder Launches Technology Transportation Startup in Florida: Golden Freight Brokers provides businesses with dedicated account managers that screen and select the best carriers to move their freight. They ensure that shippers are receiving the best price and the best service. The company is currently headquartered in Homestead, Florida. They…
The Impact of Automation on Digital Freight Broking: Expert Insights and Trends to Watch
Automation Earn Digital Freight Broker: Loadsmart’s technology works to bring shippers and carriers together more efficiently in the highly fragmented freight industry. “When we started the company, only about 25% of the drivers had smartphones. Even today, most of the brokers depend on email and phone calls to move freight,”…