Freight Brokering - Pros And Cons.

Topic 8441 | Page 1

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T.W.'s Comment
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I keep seeing these ads pop up for "Freight Brokering" and learning how to be an agent.

Is business legit? I hear many are making 100k a year. Total Quality Logistics comes to mind.

What are the pros and cons of freight brokering? Is the turnover high? Is it a stable industry?

Sun King's Comment
member avatar

I keep seeing these ads pop up for "Freight Brokering" and learning how to be an agent.

Is business legit? I hear many are making 100k a year. Total Quality Logistics comes to mind.

What are the pros and cons of freight brokering? Is the turnover high? Is it a stable industry?

One that I looked at two years ago was just about ready to stop training newbies and look for people with experience. This one was strictly commission and you had to find the drivers, freight to broker and build the business. They supplied software, training and support. They took a percentage as well. Recently all I have seen is opportunities that wanted experience. I hope that helps.

Brett Aquila's Comment
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Unfortunately I know next to nothing about getting started that aspect of the business. But I do know that trucking is an incredibly complex industry and incredibly cut-throat. In the past brokers had a really bad rap for not paying companies on time, or at all, but I think they've increased the regulations recently a bit to help improve the situation.

There is plenty of money to be made as a broker but I expect it's a very tough segment to break into. Brokers with experience have a lot of connections and I believe that's the key to their success. You have to develop a network of people that are willing to give you their freight. So I would imagine it would be worth learning the industry as an employee somewhere before considering trying to do it on your own.

Elana K.'s Comment
member avatar

I keep seeing these ads pop up for "Freight Brokering" and learning how to be an agent.

Is business legit? I hear many are making 100k a year. Total Quality Logistics comes to mind.

What are the pros and cons of freight brokering? Is the turnover high? Is it a stable industry?

Freight Brokering offers awesome opportunities- there is a system you have to know and learn but I have been brokering since 2008, I came from a Mary Kay selling lipstick background lol :-) so I knew nothing about trucks, not even what a pallet was- but I learned and so happy I did, I have met so many people around the world and made good money at the same time. It is complex and requires hard work and commitment, personally I treat everyone with respect and fairness as a broker, but I also dispatch for some owner opps so I have experienced the side with not so nice brokers, but you do good business and treat others right you will be fine :-) if you have any other questions reach out to me I will be happy to answer: elana.kangethe@sooverjoyed.com Good luck to you!

OshagHennesy's Comment
member avatar

I've been considering the same. Found a few places that offer training online and self-paced. Expensive course too but I'm using GI Bill. I may never have a business out of it but it would further my knowledge of the industry and give me another job opportunity if I decided that the road isn't for me. You can never go wrong with more training. Good luck.

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