Do freight brokers make money?
Freight brokers make their money in the margin between the amount they charge each shipper (their customer) and what they pay the carrier (the truck driver) for every shipment. Although it varies from one transaction to the next, healthy freight brokers typically claim a net margin of 3-8 percent on each load.
How hard is freight brokering?
Taking freight broker training won't prepare you for the auto transport industry just as taking auto transport broker training definitely won't prepare you for the general freight industry. As far as difficulty goes, being a freight broker is hard work.
Where can I find loads to brokers?
Load boards are the easiest way to find new carriers. The Truckstop.com Load Board allows you to quickly find the capacity you need to move freight and cultivate relationships.
Is becoming a freight broker worth it?
Being a freight broker can be very lucrative. After completing the freight broker training and entering the industry, a competent freight broker can earn commissions ranging from 6 to 7 figures per deal! Some brokers even go all the way to 8 figures!