Category: Newbies

Freight brokerage is a lucrative and rewarding career path in the transportation and logistics industry. As a freight broker, you play a pivotal role in connecting shippers with carriers and facilitating the movement of goods. One of the key considerations for anyone aspiring to become a freight broker is the potential salary in this profession. In this article, we will delve into the factors that influence freight broker salaries and provide insights into the earning potential in this dynamic field.

1. Commission-Based Compensation
   Freight brokers typically earn their income through commission-based compensation. This means that their earnings are directly tied to the deals they broker between shippers and carriers. As a freight broker, the more successful transactions you facilitate, the higher your potential earnings.
2. Industry Experience and Expertise
   Experienced and knowledgeable freight brokers tend to earn higher salaries. With time and practice, brokers gain valuable industry insights, negotiation skills, and a strong network of contacts. These factors contribute to their ability to secure higher-paying deals.
3. Types of Freight Handled
   The types of freight a broker handles can significantly impact their earning potential. Specialized or high-value freight often commands higher broker fees, leading to increased earnings for brokers who handle such shipments.
4. Geographical Location
   Freight broker salaries can vary based on the geographical location of the broker’s operations. Brokers working in regions with high freight volumes and demand may have more opportunities to broker lucrative deals, leading to higher earnings.
5. Industry Connections
   Establishing and nurturing strong relationships with shippers and carriers is essential for freight brokers. Brokers with extensive industry connections may have access to a broader range of shipping opportunities, translating to higher earnings.
6. Market Demand and Economic Factors
   Market demand for freight brokerage services and prevailing economic conditions can impact a broker’s salary. During periods of high demand and economic growth, brokers may witness an increase in available shipping opportunities, leading to higher commissions.
7. Independent Brokerage vs. Working for a Company
   Freight brokers can work independently or for established brokerage companies. Independent brokers have the potential to earn higher commissions but also bear more responsibility for marketing, sales, and administrative tasks. On the other hand, working for a company may offer a stable salary with additional performance-based incentives.
8. Career Advancement
   As freight brokers gain experience and a proven track record of success, they may advance to higher positions within their brokerage firm or start their own brokerage businesses. Advancement opportunities can lead to increased earning potential.
9. Industry Certifications and Training
   Obtaining relevant certifications and completing specialized training can enhance a freight broker’s skill set and marketability. Brokers with additional credentials may be able to negotiate higher commissions based on their expertise.
10. Freight Broker Salaries Range
    Freight broker salaries can vary widely based on the factors mentioned above. According to the U.S. Bureau of Labor Statistics, the median annual wage for freight brokers was $76,220 as of the latest available data. However, top-performing brokers with substantial experience and a robust network can earn six-figure incomes annually.

Freight brokerage offers a promising career path with the potential for attractive salaries. As a commission-based profession, the earning potential for freight brokers is largely determined by their industry experience, expertise, and the types of freight they handle. Building strong industry connections, keeping abreast of market trends, and continually improving one’s skill set through training can lead to increased earning opportunities.

So, if you are considering a career as a freight broker, invest in comprehensive freight broker training to equip yourself with the knowledge and skills necessary to thrive in this dynamic industry and boost your career prospects.

Growth + Change = Opportunity! 

Attending top freight broker classes is a surefire way to gain the knowledge, skills, and industry insights necessary to excel in the dynamic world of freight brokerage. Whether you’re just starting your career as a freight broker or seeking to enhance your existing skills, enrolling in reputable classes can make a significant difference in your success. In this article, we will explore the benefits of attending top freight broker classes and highlight some key factors to consider when choosing the right program.

1. Expert-Led Training
   Freight broker classes are often led by seasoned professionals with extensive experience in the transportation and logistics industry. These experts bring real-world knowledge and practical insights to the classroom, providing valuable perspectives on industry trends, challenges, and best practices.
2. Comprehensive Curriculum
   Reputable freight broker classes offer a comprehensive curriculum that covers essential topics related to freight brokerage. From understanding market trends and rate negotiations to building strong relationships with carriers and shippers, a well-designed curriculum will equip you with the skills needed to thrive in the competitive market.
3. Networking Opportunities
   Attending classes with other aspiring freight brokers provides valuable networking opportunities. Interacting with peers and instructors can lead to valuable industry connections, potential partnerships, and insights into different aspects of the business.
4. Flexibility and Convenience
   Many freight broker classes offer flexible scheduling options, allowing you to balance your training with other commitments. The flexibility of online programs enables you to learn at your own pace.
5. Success Stories and Testimonials
   Research the success stories and testimonials of past students who have completed the freight broker classes you are considering. Positive feedback and success in the field can be indicators of the program’s effectiveness.

Attending freight broker classes is a strategic investment in your career as a freight broker. The expertise of instructors, comprehensive curriculum, hands-on exercises, networking opportunities, and flexible scheduling make these classes valuable learning experiences. Take the time to research and select a reputable program that aligns with your career goals and sets you on the path to success in the freight brokerage industry. So, don’t miss out on the chance to attend classes that can elevate your skills and open doors to exciting opportunities in the transportation and logistics sector.

Growth + Change = Opportunity! 

Choosing the right freight broker school is a crucial step towards building a successful career in the transportation industry. With numerous options available, it can be overwhelming to determine which school best fits your needs and goals. In this article, we will guide you through the essential factors to consider when selecting a freight broker school and highlight some top schools known for their quality training programs.

1. Accreditation and Licensing
   When evaluating freight broker schools, ensure that the institution is accredited and recognized by relevant industry organizations. Accreditation ensures that the school meets specific quality standards and that your training will be valuable in the job market. Additionally, verify if the school is licensed to provide freight broker training in your state or region.
2. Comprehensive Curriculum
   A quality freight broker school should offer a comprehensive curriculum that covers all aspects of freight brokerage. Look for programs that include topics such as industry regulations, load planning, carrier selection, pricing strategies, and customer service. A well-rounded curriculum will equip you with the knowledge and skills needed to excel in the field.
3. Experienced Instructors
   Inquire about the qualifications and experience of the instructors who will be leading the training. Experienced instructors with real-world knowledge can provide valuable insights and practical tips that go beyond theoretical concepts. Check for faculty profiles and reviews from past students to gauge the quality of teaching.
4. Hands-on Training and Simulations
   Practical experience is essential for becoming a proficient freight broker. Look for schools that offer hands-on training and simulations, allowing you to practice real-life scenarios in a controlled environment. This approach will build your confidence and problem-solving abilities.
5. Industry Connections and Job Placement Assistance
   A reputable freight broker school should have strong connections within the transportation industry. These connections can open doors for internships, networking opportunities, and potential job placements. Inquire about the school’s job placement assistance program and success rates in helping graduates find employment.
6. Online vs. In-person Training
   Consider your learning preferences and lifestyle when choosing between online and in-person training. Online programs offer flexibility and convenience, while in-person classes provide face-to-face interaction and networking opportunities. Choose the format that aligns best with your schedule and learning style.
7. Cost and Value
   Compare the tuition fees of different freight broker schools and assess the value you will receive for your investment. While cost is an important factor, prioritize the quality of education and the potential for long-term career growth.

Top Freight Broker Schools
Here are some top freight broker schools known for their quality training programs:

Freight Broker Boot Camp: Offers comprehensive online training led by industry expert Dennis Brown.

Brooke Transportation Training Solutions: Provides in-depth online training with a focus on practical skills.

Transport Training International: Offers a comprehensive online freight broker course with real-world simulations.

Freight Movers School: Provides self-paced online training suitable for beginners and experienced brokers.

Global Training and Transportation Institute (GTTI): Offers online training with a focus on industry-specific knowledge and negotiation skills.

Choosing the right freight broker school is a critical step towards a successful career in the transportation industry. Consider factors such as accreditation, curriculum, instructor experience, hands-on training, industry connections, and cost when making your decision. By selecting a reputable and comprehensive program, you can gain the knowledge and skills needed to excel as a freight broker.So, take your time to research and evaluate different freight broker schools, and make an informed choice that sets you on the path to a rewarding and fulfilling career in freight brokerage.

Growth + Change = Opportunity! 

In the ever-evolving world of freight brokerage, staying informed about industry trends, best practices, and the latest developments is crucial for success. One of the most effective ways to stay updated is by following freight broker blogs. These online resources provide valuable insights, expert opinions, and practical tips to help freight brokers navigate the dynamic logistics landscape. In this article, we will highlight some of the top freight broker blogs that you should add to your reading list.

1. DAT Solutions Blog
   The DAT Solutions blog is a treasure trove of information for freight brokers. It offers timely market trends, rate analysis, and valuable tips to help brokers make informed decisions and maximize profitability. From industry insights to regulatory updates, this blog covers a wide range of topics essential for freight brokers.
2. FreightWaves
   FreightWaves is a leading provider of freight industry news and market data. Their blog covers breaking news, market analysis, and in-depth articles that shed light on the latest trends and innovations in freight brokerage. Subscribing to their blog ensures you stay ahead of the curve in the rapidly changing logistics landscape.
3. Transport Topics
   Transport Topics is a reputable source for news, analysis, and information on the transportation industry. Their blog section features insightful articles on various aspects of freight brokerage, including technology, regulations, and market trends.
4. Freight Broker Boot Camp Blog
   Run by Dennis Brown, a seasoned expert in the freight brokerage industry, Freight Broker Boot Camp Blog offers valuable tips, success stories, and strategies to help aspiring freight brokers launch and grow their businesses. It is a go-to resource for those looking to start their journey in freight brokerage.
5. Truckstop.com Blog
   Truckstop.com’s blog covers a wide range of topics relevant to freight brokers, including spot market rates, capacity trends, and industry updates. It also offers valuable resources and tools to streamline brokerage operations.
6. DAT Authority Blog
   For those interested in obtaining their freight broker license, the DAT Authority Blog is a valuable resource. It provides guidance on the licensing process, regulatory compliance, and tips for running a successful brokerage business.
7. JOC (Journal of Commerce)
   JOC is a comprehensive platform offering news, analysis, and insights into the global logistics and transportation industry. Their blog section covers a variety of topics relevant to freight brokers, including ocean shipping, airfreight, and intermodal transportation.
8. Logistics Management
   Logistics Management’s blog provides valuable content for freight brokers, including supply chain trends, carrier management, and transportation technology. It is a reliable source for staying updated on the latest innovations in the logistics industry.
9. GlobalTranz Blog
   GlobalTranz’s blog offers a mix of industry news, market trends, and thought leadership articles. It covers topics such as freight technology, logistics solutions, and strategies for optimizing supply chains.
10. FreightPros Blog
    The FreightPros Blog is dedicated to educating freight brokers and shippers on best practices, industry trends, and cost-saving strategies. It is a valuable resource for gaining insights into the world of freight brokerage.

Freight broker blogs are invaluable resources for staying informed and updated in the fast-paced and dynamic world of freight brokerage. By regularly following these blogs, you can enhance your knowledge, make informed decisions, and keep pace with the ever-changing logistics landscape.So, start exploring these top freight broker blogs today, and equip yourself with the knowledge and expertise to thrive in the competitive freight brokerage industry.

Growth + Change = Opportunity! 

Managing uncontracted freight can be a daunting task for businesses due to its volatile nature and the need for fast, reliable, and cost-effective solutions. In today’s fast-paced world, companies need to optimize their uncontracted freight processes to remain competitive.

In this article, we will explore some of the ways in which technology can enhance the uncontracted freight process and provide businesses with greater efficiency, reliability, and cost-effectiveness.
Automated Freight Matching: Optimizing Carrier SelectionFinding the right carrier at the right time is a significant challenge in managing uncontracted freight. Automated freight matching is a technology that can quickly and efficiently match available carriers with uncontracted freight, reducing the time and cost associated with the process.
Automated freight matching relies on algorithms and data analysis to identify the best carrier for each shipment. This technology can analyze carrier availability, proximity, and capacity to find the most cost-effective and efficient solution for each shipment. With automated freight matching, businesses can optimize carrier selection and reduce their costs.
Real-Time Freight Visibility: Improving Shipment Monitoring

Real-time freight visibility is another critical technology in streamlining the uncontracted freight process. With real-time freight visibility, businesses can monitor their shipments’ progress in real-time, allowing them to respond quickly to any issues that may arise.
Real-time freight visibility uses GPS and other tracking technologies to provide businesses with up-to-date information on their shipments’ location and status. This technology can help businesses avoid delays, reduce the risk of damage or loss, and improve customer satisfaction. With real-time freight visibility, businesses can improve their shipment monitoring and better manage any unexpected events.
Digital Freight Platforms: Centralizing Freight Management
Digital freight platforms are another critical technology in the uncontracted freight process. These platforms provide businesses with a centralized location to manage their uncontracted freight, allowing them to find available carriers, track their shipments, and manage their invoices.
Digital freight platforms can significantly reduce the time and cost associated with managing uncontracted freight. These platforms are typically cloud-based, providing businesses with access to their freight information from anywhere, at any time. With digital freight platforms, businesses can centralize their freight management and improve their overall efficiency.

Technology plays a vital role in enhancing the uncontracted freight process. Automated freight matching, real-time freight visibility, and digital freight platforms are just a few of the ways in which technology can provide businesses with greater efficiency, reliability, and cost-effectiveness.
Businesses should explore the various technology solutions available for managing uncontracted freight. By leveraging the power of technology, businesses can optimize their uncontracted freight processes, reduce costs, and remain competitive in today’s fast-paced world. Streamlining uncontracted freight processes with technology is essential to improving businesses’ overall efficiency, and at [company name], we are committed to providing our clients with the most innovative solutions to optimize their freight management.

Growth + Change = Opportunity! 

Freight dispatchers assume an important part in guaranteeing that shipments are followed through on time and inside a financial plan. Their day to day errands incorporate organizing and booking transportation for freight and cargo, speaking with transporters and other transportation experts, following shipments and refreshing their status, observing consistence with transportation guidelines, arranging rates with clients and transporters, and settling any issues that might emerge during the delivery cycle.

1. Planning and booking transportation for freight and cargo:
   • One of the main undertakings of a cargo dispatcher is planning and booking transportation for freight and cargo. This incorporates working with clients to comprehend their delivery needs and prerequisites, and afterward sorting out for the proper method of transportation to address those issues. This might incorporate sorting out for shipping, rail, air, or ocean transport, contingent upon the idea of the freight and the distance it requirements to travel.
2. Speaking with transporters and other transportation experts:
   • Cargo dispatchers are liable for keeping up with steady correspondence with transporters and other transportation experts. This incorporates furnishing drivers with course data, conveyance plans, and some other subtleties they need to finish their conveyances effectively. Dispatchers should likewise have the option to discuss successfully with other transportation experts, for example, cargo forwarders and customs merchants, to guarantee that shipments are handled without a hitch and on time.
3. Following shipments and refreshing their status:
   • Cargo dispatchers should likewise have the option to follow shipments and update their status progressively. This incorporates observing the area and progress of conveyances, and furnishing clients with refreshes on conveyance times and following data. They may likewise be answerable for changing courses or conveyance plans on a case by case basis to guarantee opportune and effective conveyance of freight.
4. Observing consistence with transportation guidelines:
   • Cargo dispatchers should likewise be educated about transportation guidelines and have the option to guarantee that their organization and drivers are in consistence with these guidelines. This incorporates being know about Government Engine Transporter Wellbeing Organization (FMCSA) guidelines, Branch of Transportation (Dab) guidelines, and some other guidelines intended for their industry.
5. Arranging rates with clients and transporters:
   • Cargo dispatchers should likewise have the option to arrange rates with clients and transporters. This incorporates working with clients to figure out their spending plan requirements and afterward sorting out for transportation that addresses their issues and fits affordable for them. Dispatchers should likewise have the option to arrange rates with transporters to guarantee that their organization is getting the most ideal cost for transportation administrations.
6. Settling any issues that might emerge during the delivery interaction:
   • Cargo dispatchers should likewise have the option to rapidly and actually resolve any issues that might emerge during the delivery interaction. This incorporates managing delays or surprising confusions, like climate related issues, gear breakdowns, or mishaps. Dispatchers should have the option to think and react quickly and concoct intelligent fixes to keep shipments moving and on time.
7. Keeping up with exact records and creating reports connected with shipments:
   • Cargo dispatchers are additionally liable for keeping up with precise records and creating reports connected with shipments. This incorporates keeping nitty gritty records, everything being equal, including conveyance times, following data, and some other significant subtleties. Dispatchers should likewise have the option to produce reports, like solicitations and conveyance affirmations, to furnish clients with the data they need to handle installments and accommodate shipments.
8. Guaranteeing that shipments are followed through on time and inside financial plan:
   • At last, the objective of a cargo dispatcher is to guarantee that shipments are followed through on time and inside financial plan. This requires cautious preparation and coordination, as well as a sharp comprehension of transportation guidelines, economic situations, and the necessities of clients. By effectively conveying shipments on time and inside spending plan, cargo dispatchers assist their organizations with keeping an upper hand in the commercial center.
9. Arranging and coordinating conveyance courses:
   • Cargo dispatchers are liable for arranging and coordinating conveyance courses. This incorporates examining the coordinated operations of every shipment, like the weight, size, and delicacy of the freight, and afterward deciding the most proficient and financially savvy method for moving the merchandise.
10. Following and refreshing stock:
    • Cargo dispatchers likewise assume a significant part in following and refreshing stock. This incorporates checking the stock levels of the organization, and guaranteeing that there is in every case sufficient stock close by to fulfill the needs of clients. They should likewise have the option to follow the development of stock, and update the stock records as shipments are made.
11. Speaking with clients to give refreshes on conveyance times and following data:
    • Cargo dispatchers should likewise speak with clients to give refreshes on conveyance times and following data. This incorporates keeping clients educated regarding any progressions to conveyance plans, and giving them ongoing following data so they can screen the advancement of their shipments. This assists with building entrust and keep up with great associations with clients.
12. Overseeing and keeping an armada of vehicles:
    • Cargo dispatchers are likewise liable for overseeing and keeping an armada of vehicles. This incorporates guaranteeing that vehicles are appropriately kept up with, and that they meet all security and consistence prerequisites. This additionally incorporates planning ordinary investigations and fixes depending on the situation, and keeping precise records of all upkeep exercises.
13. Dealing with any crisis circumstances that might emerge during conveyance:
    • At last, cargo dispatchers should be ready to deal with any crisis circumstances that might emerge during conveyance. This could incorporate managing surprising difficulties like mishaps, climate related issues, or gear breakdowns. In these circumstances, dispatchers should have the option to think rapidly and concoct answers for keep shipments moving and on time.

There are many tasks that a Freight Dispatcher must complete everyday, to be successful in this fast-paced and lucrative industry! We have created some great training and tools for you to maximize your time and profits at a great price!

GET YOUR FREIGHT BROKER/DISPATCHER TOOLS HERE!

The Minneapolis-based retailer Target Corp.is seeking to extend its growth push after closing out 2021 with record-high revenue.

Speaking at its annual investor meeting in New York, said its plans for the year include 30 new stores — ranging from urban locations like New York’s Times Square to midsize stores in the suburbs — and new several sortation centers.

For the full year, Target’s revenue hit $106 billion, compared with $77.1 billion for the year ended Feb. 1, 2020, before the pandemic upended the global economy and consumer buying patterns.

Target is also planning to remodel 200 retail locations during the year, and will add 250 more Ulta Beauty mini-shops in its stores, expanding on a partnership with the beauty retailer that opened 100 such shops in 2021.

The company also promised more investment in digital services and same-day fulfillment offerings. Target last month began a test in Minneapolis and other markets that added Starbucks orders and Target returns to its pickup lanes.

Target plans $4 billion to $5 billion in capital spending every year over the next few years, which would be an increase of more than 40% from last year.

Growth + Change = Opportunity!

U.S. intermodal transports, in which railroads carry containers and truck trailers, were down nearly 12% in the first six weeks of this year from a year ago, according to the Association of American Railroads, after tumbling in the second half of last year even as retailers and manufacturers rushed to bring in goods.

Trucking and rail industry officials say demand to move freight 500 miles or more—which is often done by rail—remains strong, as companies restock depleted inventories. But shippers are more often than usual choosing highways over railroads because shortages of labor, equipment and warehouse space across supply chains can create unpredictable delays.

Intermodal transport, which uses trucking for the final leg of delivery, is slower and more complicated than long-haul trucking. But it is also cheaper and less damaging to the environment.

Demand is contributing to high trucking rates, spot rates on the Los Angeles to Chicago routes are up 59% year-over-year, or $1.04 a mile.

But railroad officials say there are signs intermodal freight is beginning to bounce back, intermodal cargo volumes on container ships en route to the United States are up 25% compared with the start of the year.

Growth + Change = Opportunity!

San Francisco-based freight forwarding and customs brokerage services provider Flexport heralded a $935 million Series E investment round, with this round bringing its post-money valuation to more than $8 billion.

The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport’s revenue more than doubling in 2021 as it moved nearly $19 billion in gross merchandise for its clients across 112 countries.

“The global pandemic and the pressure it put on global supply chains has made the transportation of goods—something many people took for granted—a daily pain point,” said Ryan Petersen, founder and CEO of Flexport, in a statement. “This investment signals that the market recognizes the need for a tech-enabled logistics ecosystem that has the visibility and resilience to handle unexpected challenges of any scale.”

In terms of the biggest benefits of this investment for Flexport customers, Manuel Venegas, Flexport Senior Corporate & Financial Communications Manager, told LM that Flexport is most excited to continue serving customers like Lululemon, Bridgestone, and Peloton through its most recent raise.

This raise comes after a monumental year of company growth amidst the most turbulent period in global shipping.

Growth + Change = Opportunity!

A.P. Moller – Maersk announces the intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based first, middle and last mile as well as border crossing solutions provider, specializing in the big and bulky freight segment in North America for B2C and B2B distribution models, from ATL Partners, a sector-focused Private Equity firm in New York and British Columbia Investment Management Corporation (BCI), one of the largest institutional investors in Canada.

With the intended acquisition of Pilot, Maersk will extend its integrated logistics offering deeper into the supply chain of its customers.

Pilot will be adding specific new services within the fast growing big and bulky e-commerce segment, thus increasing cross-selling opportunities. It will also create significant cost synergies by leveraging capabilities across the different parts of service solutions.

In December, Maersk signed a $3.6 billion deal to acquire omnichannel fulfillment company LF Logistics Holdings.

That deal gave Maersk 549 warehouses globally and increased the company’s total warehouse floor capacity by 40%, creating the world’s seventh-largest contract logistics company behind the major players like UPS and DHL.

Pilot, meanwhile, operates a North American facilities-based transportation network of 87 stations and hubs that moves and distributes freight to end customers.

Growth + Change = Opportunity!