WHAT IS A FREIGHT BROKER?
WHAT DO THEY DO?
HOW CAN YOU BECOME ONE?
A freight broker, also known as a "property" broker, is a third party intermediary between shippers and carriers. Brokers find shippers who have cargo to move; they then find carriers who are ready, willing and able to move that cargo. Lastly, the freight broker derives a commission for their match-making skills.
Working as a freight broker (or broker agent) provides a perfect home-based opportunity. Your start-up and overhead expenses are very low. And the profit potential is unlimited.
To become a freight broker, one must apply to the Federal Motor Carrier Safety Administration (FMCSA) to obtain their broker authority.
The broker authority consists of three items:
- A Motor Carrier number,
- Evidence of a $10K surety bond or trust fund,
- BOC-3 or Process Permit,
In addition to the legal authority, a broker needs to know, or get properly trained in more than just the details of how to broker freight. They need to learn ALL the aspects of running a business including marketing, cash management, planning, operations and perhaps personnel.
After getting properly trained, finding good paying customers and reliable carriers are the FIRST items of importance in freight brokering.
Customer development is like any other service-oriented business. There are various traditional shipper directories plus the broker uses whatever marketing skills he or she possess. The Internet and telephone are the primary tools to conduct business with.
This, in a nutshell, is what a freight broker is, what they do and how to become one.
To learn more about the freight broker industry, order this 3-pak audio CD set. Go to:
3-Pak Audio CDs
If you are ready to sign up now, go to:
Freight Broker Training
Atex Freight Broker Training, Inc.
7101 N. Mesa St. #219
El Paso, TX 79912
888-526-ATEX (2839)
info@atexfreightbrokertraining.com
www.atexfreightbrokertraining.com
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