The Basics of Freight Brokering
Job duties, qualities, and skills of an effective freight broker and a freight broker agent
Setting Up Your Business and Office
Steps needed to launch a business and set up an office
Setting Goals and Developing Your Corporate Identity
Evaluate business goals and mission statements
Setting Up Your Shipper Packet and Your Carrier Packet
Documents to send to shippers and carriers
Operations and Using Operations Software
Forms, logs, and broker software that work best for business; how to avoid or manage day-to-day problems that freight brokers face
Types of Freight and Exploring Niche Markets
Differentiate between the types of freight and the types of niche markets available
Transportation law most affect business as a broker or agent, and why they are important to operations
How contracts protect brokers and carriers
Components of an effective broker-shipper agreement
Insurance for Carriers and Brokers
Insurance policies and forms essential for carriers and brokers
Recordkeeping, Accounting, and Financial Management
Different processes and records encountered as a broker freight
Determining Your Rate Quotes
Rate quotes that are based on relevant information
Carrier Relations and Solutions for Success
Situations from a carrier’s point of view
Sales and Profitability
Sales techniques and results as part of sales success
Marketing efforts that will be beneficial for business
Develop Your Negotiation Skills
Negotiation skills from first real sales calls
- The Basics of Freight Brokering
- Setting Up Your Business and Office
- Setting Goals and Developing Your Corporate Identity
- Setting Up Your Shipper Packet and Your Carrier Packet
- Operations and Using Operations Software
- Types of Freight and Exploring Niche Markets
- Transportation Law
- Broker-Carrier Contracts
- Broker-Shipper Agreements
- Insurance for Carriers and Brokers
- Recordkeeping, Accounting, and Financial Management
- Determining Your Rate Quotes
- Carrier Relations and Solutions for Success
- Sales and Profitability
- Advanced Marketing
- Develop Your Negotiation Skills
What is a freight broker?
A freight broker arranges and makes provision for the transportation of shipments, but he or she doesn’t actually provide the transportation. They help the shipper and the motor carrier company, negotiate on both sides, and earn a fee for their work. Freight brokers use their expertise to set up the shipment, negotiate the terms of the transaction, and manage the shipment from its origin to its destination.
What does a freight broker do?
The freight broker works within the company to manage the day-to-day tasks required to move goods from place to place. They hire carriers and monitor financial aspects such as invoicing, paying agents, and monitoring credit. The government may require additional fees and paperwork for a brokerage license, but not for becoming a freight agent.
How to do I become a freight broker?
You will need to gain some industry knowledge either by with a freight broker or freight broker agent and/or through an in depth training that not only teaches the industry but also how to set up and market yourself as a freight broker. After you gain the industry knowledge, you will need to obtain a fright broker license.
What is a freight brokerage company?
Freight brokerage companies act as a liaison between a “shipper,” or a business with goods to move, and a “carrier,” or the business that has the ability to move those goods. They help the shipping industry run efficiently and smoothly.
How do you get your freight broker license?
First, it is recommended that you enroll in a freight broker course to fully prepare for the position. Then there are very few steps required to get your freight broker license. You will need to establish a business structure, submit an application for motor carrier and broker authority (OP-1 Form), obtain a surety bond, select a process agent, and finally register the brokerage. A license is granted by the Federal Motor Carrier Safety Administration, FMCSA. You will fill out an application and pay a one-time fee. Once your application is approved, there is a 10-day waiting period before you are granted full license.
How long does it take to become a freight broker?
It does not take long to set up your business as freight broker. The longer time is actually building up your business. As with almost any new startup business, it’ll take time to build your client database before your income starts to increase. When you’re just starting out, it can take an average of three to six months or longer to establish relationships and start building your client database.
Can I get financial assistance?
This course is non-credit, so it does not qualify for federal aid, FAFSA and Pell Grant. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses. Additionally, some students may qualify for financial assistance when they enroll, if they meet certain requirements. Financing is available from select schools. Learn more: https://www.ed2go.com/career/financial-assistance
How can I get more information about this course?
If you have questions that are not answered on our website, representatives are available via LIVE chat. You can also call us at 1-877-221-5151 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the “Contact Us” form.
When can I start the course?
This course is open enrollment, so you can register and start the course as soon as you are ready. Access to your course can take 24-48 business hours.
How long does it take to complete this course?
This course is self-paced and open enrollment, so you can start when you want and finish at your own pace. When you register, you’ll receive six (6) months to complete the course.
What kind of support will I receive?
You may be assigned with an instructor or team of industry experts for one-on-one course interaction. Your support will be available (via e-mail) to answer any questions you may have and to provide feedback on your performance. All of our instructors are successful working professionals in the fields in which they teach. You will be assigned to an Advisor for academic support.
What happens when I complete the course?
Upon successful completion of the course, you will be awarded a Certificate of Completion.
What if I don’t have enough time to complete my course within the time frame provided?
The time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact your Student Advisor to help you work out a suitable completion date. Please note that an extension fee may be charged.
Does this course prepare for a certification?
Can I register for a course if I am an international student?
Yes, ed2go courses are completely online. However, keep in mind that not all certifying bodies or industry-specific certifications are recognized internationally. Please review your country’s regulations prior to enrolling in courses that prepare for certification.
Am I guaranteed a job?
This course will provide you with the skills you need to obtain an entry-level position in most cases. Potential students should always do research on the job market in their area before registering.
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