Tuesday, November 29, 2022

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what does a truck broker do

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How does a truck broker work?
A freight broker earns money by moving freight for less than his customer is willing to pay to ship the freight. This difference creates a profit for the freight broker known as the spread. They are paid x amount by a client to find a carrier to haul a load which they pay for y amount.
How do truck 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.
Is being a freight broker hard?
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.