7 Steps to Become a Licensed Freight Broker With No Experience

Do you want to become a licensed freight broker and you want to know the requirement? If YES, here are 7 steps to become a truck broker with no experience.

What is a Freight Broker?

What is the Average Salary or Income of a Truck Broker?

The amount of money you will earn as a freight broker differs from person to person depending on their situation.

Freight brokers who are managing their own freight business have a vaster earning potential when compared to their employee counterparts. A self-employed freight broker can generate a yearly income in the six figure range ($100,000 plus).

7 Steps to Become a Licensed Freight Broker With No Experience

  1. Also, a business plan is quite important if you want to seek for startup funds from lenders such as banks.
  2. Many freight brokers today have been truckers or agents that have worked for other brokerages in the past. If you can get the hands-on experience, then you should go for it.
  3. These programs are however not accredited and so it is difficult to gauge the potential quality they can give you.
  4. The main types of business forms that are available are Sole Proprietorship, Corporation, and a Limited Liability Company (LLC).
  5. Next, you will have to apply for an Employer identification number.
  6. One of the ways newbies can network with carriers is to join the Transportation Intermediaries Association (TIA).

Apply for a USDOT number: registering with the Department of Transportation is the first step to getting a license.

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