Answers
How to Become the best Truck Freight Broker? Can someone give me some ideas?
Step 1:
Research the trucking and transportation industry to learn more about the day-to-day tasks of a truck freight broker. Basic skills needed include:
-Sales and marketing
-An understanding of the transportation system
-Customer service skills
-Bookkeeping skills
-Attention to detail
If you have little experience in transportation or shipping, you may want to take an online or vocational course in freight broker/agent training.
Step 2
Obtain the necessary license and bonding to open your business. Truck freight brokers need to complete and file the following paperwork through the Federal Motor Carrier Safety Administration (FMCSA):
-Broker's Authority (Form OP-1)
-Surety Bond (Forms to fill out include BMC-84, Bmc-85)
-Processing Agent (Forms to fill out include BOC-3)
Step 3
Create a home office or rent office space. You will need a computer with Internet connection, fax machine, phone and transportation software. Many truck freight brokers work from home, which can save money in overhead costs.
Step 4
Contact trucking companies, manufacturers, and shipping yards and start building your customer lists. Establishing your business may take time, depending on the need for your services and your persistence. Once you establish these contacts, use this list to manage and increase your business. Truck freight brokers use their lists everyday to match manufacturers with those who have a need for a trucking company to haul their latest shipments.
Step 5
Continue to build your list and relationships with trucking companies and manufacturers. Attend local networking events, maintain your list by contacting new companies in your area, and make sure your bonding and licenses are current.
You can refer this blog to get more information about truck freight brokers
truck freight brokers :
http://truckfreightbrokers.blogspot.com/
what a freight broker could possible do from the startup point
Would like to work from home
You need to file with the US Department of Transportation. The fee is $1500 for each authority you request, and to be a broker, you must put up a $100,000 bond, which means spending at least ten per cent ($10K) with a bonding company. As a former owner-operator I can tell you right now that brokering loads is tough to get into, and even tougher when you are late with that first settlement check. Also, you must have a good client list before you begin brokering their loads. Then, advertising is the next key. You will also need a second telephone line, a fax line, a computer/internet hookup in the COMMERCIAL accounts, and the Department of Transportation will need to audit your safety rating on an annual basis. Believe me, it's not worth it, unless you can generate at least a million miles a month in freight.
You could attend the truck broker course for a start.
http://www.brooketraining.com
Regards,
Edmund Ng
CEO, Founder
Infinique Technologies
http://www.infinqiuetech.com
http://www.itjobs.com.sg
http://groups.yahoo.com/group/SG_IT_Jobs
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There are actually 2 ways to broker trucks. You can become the broker with a broker's license (issued by the FMSCA.gov) and a BMC-85 $10,000 Bond or can become an agent of a broker for a commission split without obtaining the license or the bond. There are several nuances to this industry to be able to broker without liability. I actually work for a school that teaches how to become a broker safely and successfully. There is more to this job than to just illegally pull loads off of load boards and double-broker a loads to a trucks. if you have any specific questions, i would be happy to answer them for you.
I am in a leagal dispute with my former employer in which I worked as a freight broker. One of the carriers I used as a broker asked me if I knew of someone to become his personal dispatcher. I then set up a company and my g/f handeled the dispatching service from her home. My employer then terminated me and is sueing me because they claim I set up a competivie business against him. I would like the thoughts of other Transportation Industry Pros on this. If anyone could help or send information about this issue I would be very gratefull. Thank You All.
Having been in the transport industry for almost 21 years, I would have fired you as well.
The Broker and The Balloon… - Life on the Road – Trucking News Blog
Tomorrow afternoon.” The ‘ole forklift is down fib – goes along with the laid low take it out of, the driver is fed up with, the turbo blew, big misfortune closed the interstate and the dog ate the directions vindicate. Hey, I wasn’t born yesterday. Ok, said I, I’m meant to be people's home this Tuesday. You’re telling me to about here until headed to Georgia, are you interested?” Hey, does Nixon’s more northerly lip slogging? Certain. “OK, at your convenience done for flair to Pueblo.” It will be the first be that as it may that my truck has moved since Monday morning. It’s a 231 mile enterprise headed toward where the kid was allegedly floating in the balloon. Hoping I might blemish him makes the dry frisk supportable. I keep my binoculars at the immediate.
Now we have two lessons here. #1 keep your kids away from brave balloons, #2 and if you cognizant of anything about trucking, this should be distinct to you – brokers are unlucky idiots. As a players driver, when my porter gets grave, it calls a broker, first for “out of the way” transportation, and 99% of the rhythm, there will be a hard with the stack. This shipment I told you about, the buyer wanted an MT certified bulk. There were no scales close to being the shipper. The client did not penury the driver to fill his tanks to be expert to stack 48,500 lbs. of serious. Rocks sit out in ordure – the character wanted them tarped. There was the phone call to outline the beau to the get. Another prejudicial certified weigh ticket – somewhere. 1/2 of the boob is on lone lane roads at 5-7% grades UP. There is no parking at the consignee. This is a experienced criterion of a broker stack. I’m enchant that the broker screwed it up and I’m headed elsewhere.
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