What is a freight broker?
A freight broker arranges and makes provision for the transportation of shipments, but he or she doesn't actually provide the transportation. They help the shippers and the motor carriers, negotiate on both sides, while earning a fee for their work. Freight brokers use their expertise to set up the shipment, negotiate the terms of the transaction, and manage the shipment from its origin to its destination.
What does a freight broker do?
The freight broker works within the company to manage the day-to-day tasks required to move goods from one place to another. They contract carriers and monitor financial aspects such as invoicing, paying agents, and monitoring credit. The government may require additional fees and paperwork for a brokerage license, but not for becoming a freight broker agent.
How do I become a freight broker?
You will need to gain some industry knowledge either with a freight broker or freight broker agent and/or through an in depth training that not only teaches the industry but also how to set up and market yourself as a freight broker. After you have gained the industry knowledge, you will then need to obtain a freight broker license, get bonded, and insured.
What is a freight brokerage company?
Freight brokerage companies act as a liaison between a "shipper," or a business with goods to move, and a "carrier," or the business that has the ability to move those goods. They help the shipping industry run efficiently and smoothly.
How do you get your freight broker license?
First, it is recommended that you enroll in a freight broker course to fully prepare for the position. Then there are very few steps required to get your freight broker license. You will need to establish a business structure, submit an application for broker authority (OP-1 Form), obtain a surety bond, select a process agent, and finally register the brokerage. A license is granted by the Federal Motor Carrier Safety Administration, FMCSA. You will fill out an application and pay a one-time fee. Once your application is approved, there is a 10-day waiting period before you are granted full license.
How long does it take to become a freight broker?
It does not take long to set up your business as a freight broker. The longer time is actually building up your business. As with almost any new startup business, it'll take time to build your client database before your income starts to increase. When you're just starting out, it can take an average of three to six months or longer to establish relationships and start building your client database. Of which is one of the reasons we offer the Freight Broker Agent Internship.
Can I get financial assistance?
The Freight Broker course is non-credit, so it does not qualify for financial assistance through the state. Some students may qualify for financial assistance when they enroll, if they meet certain requirements. Our Freight Broker Agent Program does not have a tuition fee as it's an internship.
How can I get more information about this course?
If you have questions that are not answered on our website, representatives are available via LIVE chat. You can also call us at 281-815-5822 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the "Contact Us" form. Or visit us on Facebook Messenger.
When can I start the course?
Our Freight Broker courses are open enrollment, so you can register and start the course as soon as you are ready. Access to your course can take 24-48 business hours. Our live classes and on campus classes are scheduled based on number of student enrollment and would need to be discussed with an advisor.
How long does it take to complete this course?
Our courses are self-paced and open enrollment, so you can start when you want and finish at your own pace in the allotted time provided. We do offer live and one on one teaching with all our courses. When you register, you'll receive 4 weeks to complete the Freight Broker Startup course and six (6) months to complete the Freight Broker Agent Internship course.
What kind of support will I receive?
You will be assigned a mentor or team of industry experts for one-on-one course interaction. Your support will be available (via e-mail and zoom) to answer any questions you may have and to provide feedback on your performance. All of our instructors are successful working professionals in the fields in which they teach. You will be assigned to an Advisor for academic support.
What happens when I complete the course?
Upon successful completion of the course, you will be awarded a Certificate of Completion. We also have long term opportunities and partnerships for those whom are interested in furthering their career with the University.
What if I don't have enough time to complete my course within the time frame provided?
The time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact your Student Advisor to help you work out a suitable completion date. Please note that an extension fee may be charged.
Does this course prepare for a certification?
No.
Can I register for a course if I am an international student?
Yes, Elite U's courses are completely online. However, keep in mind that not all certifying bodies or industry-specific certifications are recognized internationally. Please review your country's regulations prior to enrolling in courses that prepare for certification.
Am I guaranteed a job as a Broker or Broker Agent?
This course will provide you with the skills you need to obtain an entry-level position in most cases as a freight broker. Potential students should always do research on the job market in their area before registering. All of our students applying for the Freight Broker Agent Internship will be contracted by Elite U for the duration of your agreement.
