As a newer broker, I’m always trying to learn and grow. This video is right on target based on my brief experience. Thank you for sharing the knowledge Ben!
Thanks for this informative video. I'm looking at this from the perspective of someone in the tech industry. I'm curious, does informing customers about the status of the delivery happen through back and forth communication between the trucker and freight forwarder or is there a way customers can track where the truck is and what the status of the delivery is?
Curious - you never mentioned anything about actually paying the carrier and getting paid from the shipper. What does that look like as part of " a day in the life of a broker"?
Truckers arent turning them off dude. These tracking apps just suck. Feels like we gota refresh em every 5 minutes so were not trying to do that, were trying to drive. Lets be clear on that
So I was thinking about becoming a freight broker . But I’m curious how much can I really make brokering freight and can this be a real financial lucrative living for the rest of my life .I want another career where I’m my own boss and I work when I want to although I know and am no stranger to working . I want yo work smart now . I also saw a channel where the person said it’s better to start brokering cars as opposed to freight if your new and what to start making money because it’s hard as a bee broker to be trusted . I’m conflicted now is this persons advice good and accurate?
Brokering auto transport is similar but different enough that they're different careers. The amount you'd be able to earn is much higher as a freight broker. It takes a lot hustle and making a lot of calls to develop your customers as a freight broker. In auto transport, you are very dependent on internet leads, reviews and marketing.
It happens and it is possible. But it’s far more likely you’ll succeed over the phone. So many brokers send so many emails that it’s nearly impossible to separate yourself from others.
I have a separate Broker Company and a Freight Dispatcher Company. They both are separate entities. Can I broker a load under my Broker Company and Dispatch it under my Freight Dispatcher company?
@@kaitlinsmith7590 it depends it’s deeper than you think. Shippers do not all pay the same if they are a low paying shipper maybe 5-10% if they are good paying shipper 15-25% some brokers are fair most are not. That is the reason dispatch services are ruining the industry. Ops have to deal with broker and dispatcher taking 30-40% of the load before they see anything.
@@kaitlinsmith7590 they should disclose per FMCSA you can ask..however when you ask you probably won’t get anymore business from them. Placed on a DNU list. And they will put you thru hoops to get the paperwork. Example they can choose to show you the rate on specific days at a specified location in the boom docks where they know you will never show up. They can choose not to send via email and you must view in person only. Long story and too much to type
Lists go out from shippers to brokers. Many brokers are typically receiving them at the same time. If you can’t move it, you give it back to the shipper and only take a hit to your reputation.
@@Freight360 ok Thanks so a broker has to compete to get the load ? If the shipper sends out the same list then I book a load for a carrier but afterwards another broker books the same load ? or do they give loads by your preference?
Brokers are always competing for loads in one way or another. It's common when you're working on load lists for other brokers to cover the same load for the same day. The load usually goes to the lowest rate offered. If someone else gets the load first, you just cancel the truck.
Get $100 off our Freight Broker Basics Course: bit.ly/3ofaLzQ
As a newer broker, I’m always trying to learn and grow. This video is right on target based on my brief experience. Thank you for sharing the knowledge Ben!
Thanks for the support!
Hello Mr. Jose, I know how to find shippers and Distributors. I am looking for job if you hire me I can help you out with that
Hello. Did you do any training to become a broker.
Thank you. I'm interested in starting the business. You're the 2nd YT coach I've watched and you're very informative. Thanks again
Thanks for the support! Check out www.Freight360.net for more free resources.
Thanks for this informative video. I'm looking at this from the perspective of someone in the tech industry. I'm curious, does informing customers about the status of the delivery happen through back and forth communication between the trucker and freight forwarder or is there a way customers can track where the truck is and what the status of the delivery is?
I am new in this industry. Thank you very much for sharing the knowledge and detail information.
3
Reply
Our pleasure!
No more cheap freight!
Thanks
Curious - you never mentioned anything about actually paying the carrier and getting paid from the shipper. What does that look like as part of " a day in the life of a broker"?
its typically used with a factoring company that fronts the pay to carrier while the shipper pays you at a later time
Seems to me like becoming a broker would be smarter than be a driver you imagine if drivers and brokers traded places for a month
I think both would be in for a rude awakening. Neither really understands what it’s like to do the other’s job.
K I would like to know cuz I don't know how to type I just a one finger person
Truckers arent turning them off dude. These tracking apps just suck. Feels like we gota refresh em every 5 minutes so were not trying to do that, were trying to drive. Lets be clear on that
Great point!
Can I work as a freight broker or an agent from outside of America please ?. Add I was working as a load coordinator for two years
There are many freight brokers that operate over seas.
@@Freight360 thank you bro you give me a great hope 🙏
Hell no y’all scam us double brokering mfs
@@Freight360 those brokers over seas double broker, also scam us carrier’s
Yes generally if they are overseas and working within the US they are double brokerIng
So I was thinking about becoming a freight broker . But I’m curious how much can I really make brokering freight and can this be a real financial lucrative living for the rest of my life .I want another career where I’m my own boss and I work when I want to although I know and am no stranger to working . I want yo work smart now . I also saw a channel where the person said it’s better to start brokering cars as opposed to freight if your new and what to start making money because it’s hard as a bee broker to be trusted . I’m conflicted now is this persons advice good and accurate?
Brokering auto transport is similar but different enough that they're different careers. The amount you'd be able to earn is much higher as a freight broker. It takes a lot hustle and making a lot of calls to develop your customers as a freight broker. In auto transport, you are very dependent on internet leads, reviews and marketing.
hi boss ..is it possible to get a load from any shipper without calling them? i mean like only e mails stuff like that?
It happens and it is possible. But it’s far more likely you’ll succeed over the phone. So many brokers send so many emails that it’s nearly impossible to separate yourself from others.
Can 1 person start a freight broker business and be successful without needing other staff?
Absolutely - that's how most start.
Thanks Ben, I am an agent and send anyone interested in what I do to your channel. I spend a lot of my free time here as well.
Thanks for the support!
Do you have to be licensed broker to be a freight broker or can we just be trained
You can also work under a licensed brokerage.
You should have broker license
I'm looking for a freight broker desperately 😫
I can help!
Who is the person?
I have a separate Broker Company and a Freight Dispatcher Company. They both are separate entities. Can I broker a load under my Broker Company and Dispatch it under my Freight Dispatcher company?
That’s robbing the trucker doing that. #1 you already profit as the broker. Then you chop the rate lower dispatching it..
@@LynnUnfiltered do you guys know how much the brokers take from the top? I’m asking if they have to disclose?
@@kaitlinsmith7590 it depends it’s deeper than you think. Shippers do not all pay the same if they are a low paying shipper maybe 5-10% if they are good paying shipper 15-25% some brokers are fair most are not. That is the reason dispatch services are ruining the industry. Ops have to deal with broker and dispatcher taking 30-40% of the load before they see anything.
@@kaitlinsmith7590 they should disclose per FMCSA you can ask..however when you ask you probably won’t get anymore business from them. Placed on a DNU list. And they will put you thru hoops to get the paperwork. Example they can choose to show you the rate on specific days at a specified location in the boom docks where they know you will never show up. They can choose not to send via email and you must view in person only. Long story and too much to type
Do brokers all get the same lists? and what happens if you cant get the load moved?
Lists go out from shippers to brokers. Many brokers are typically receiving them at the same time. If you can’t move it, you give it back to the shipper and only take a hit to your reputation.
@@Freight360 ok Thanks so a broker has to compete to get the load ? If the shipper sends out the same list then I book a load for a carrier but afterwards another broker books the same load ? or do they give loads by your preference?
Brokers are always competing for loads in one way or another. It's common when you're working on load lists for other brokers to cover the same load for the same day. The load usually goes to the lowest rate offered. If someone else gets the load first, you just cancel the truck.
I have a customer that sends it to 30 brokers and within 10 minutes it’s booked by one of us. Talk about a scramble mission
@@colinbradfield72 wozers! So 1 list to 30 brokers?
Hello People!!! I know how find shippers and distributors and I am looking for job. If anybody hiring please let me know
It's easy lie cheat and steal nine times out of 10 they make as much or more than the driver with very little investment or risk
Their margins are typically better which cracks me up that brokerage serves about zero purpose. Never met 1 that knows anything about the asset world.