Understanding Freight Brokers and How They Work

Everyone knows that if it weren’t for the trucking industry, we’d all have a much harder time getting all of our favorite products. If transportation weren’t around, how would all of those products make it onto store shelves? Have you ever wondered if there are any businesses that help match shipments with truckers? This is what a freight broker does.

So, are you curious about what a trucking brokerage business does, and how they handle facilitating their business? Check out the following information to get a good idea of whether this might be a career you might be interested in.

What Do Trucking Brokers Do?

In short, a trucking broker service acts as a sort of “matchmaker” between those who have freight ready to ship and a trucker who is properly qualified to handle transporting the load. A broker will work to get the deal in place between the two parties and then facilitate the shipment of the freight in question.

If you are someone who is able to connect two parties and then see the big picture of how a transport should be facilitated, you could be a good candidate for a freight broker job. 

trucking brokerage

How Are Brokers Paid?

When it comes to individual brokers, they are typically paid on commission. In order to make a good amount of money, they frequently up their prices on shippers so they can lower the prices for transporters. Usually, the average broker fee is somewhere in the neighborhood of 15% to 20% of the total bill, but at times it can be even higher.

Is a Trucking Brokerage Business the Right Business For You?

If you think you would enjoy being the bridge of sorts between shippers and transporters, and help organize the delivery of freight to where it needs to go, then this could be the right job for you. Trucking brokers face a demanding job, but with the right kind of head on your shoulders, it could be a lucrative market for you to get into.

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