How to become a freight broker?

  1. Gain Industry Experience and Study. Your communication and people skills, naturally, are of critical importance, as a large part of your work will be done over the phone or email – both negotiating and closing deals.
  2. Sign Up for Freight Broker Training. The best option for freight broker training programs is to attend a freight broker school, as that will give you hands-on experience and knowledge from experienced brokers with many years in the field. 
  3. Choose a Company Name and Register Your Business. In order to legally operate a brokerage, you will also have to choose a company name and register your business, as with most types of license and permit businesses. 
  4. Develop a Business Plan. Your business plan includes a go-to-strategy and the more you invest in figuring out the specifics and researching the market, the better you will be prepared to meet its challenges.
  5. Find the Right Carriers. Find the carriers who work in the field of operations you’ve chosen for yourself. 
  6. Apply for a USDOT Number and Get Your Broker Authority. Before you start operating in the field, you need to get a freight broker license from the Federal Motor Carrier Safety Administration (FMCSA). 
  7. Get a Freight Broker Bond. As mentioned in the previous section, to get your MC authority from the FMCSA, you need to obtain a Freight Broker Bond, or a BMC-84 bond. The bond requirement was raised to $75,000 back in 2013 to ensure high industry standards and accountability.

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