Friday, December 9, 2022

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pros and cons freight broker

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People also ask:

Is it worth being a freight broker?
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!
Is freight brokerage a good business?
The short answer is: Yes. Lets dive into why the industry is thriving. Todd Bryant of Bryant Surety Bonds lays out the facts in this article for JOC.com.
Is being a freight broker stressful?
Freight brokerage is always going to be a stressful occupation, however, you can mitigate some of the stress through sound organization practices.
Do freight brokers make a lot of 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.