Have you ever wondered what the various freight brokerage jobs in the United States are like, what a freight broker does, and why they exist? Freight brokers are professionals in the transport and logistics industry that are primarily in charge of moving goods from origin to destination via a complex network.
Working as a freight broker provides numerous opportunities for career advancement and rewarding pay. You can also develop valuable client service and professional skills while developing long-term relationships.
Freight brokers make their money by taking the difference between what a shipper is willing to pay to ship freight and the shipping rate that the freight broker negotiates. The spread refers to this difference. After deducting the freight broker’s operating expenses, the net profits from the freight broker’s spread provide the freight broker’s salary.
Some freight brokers work for themselves as independent contractors. Others work for freight brokerage firms, where many brokers collaborate. Working at a freight brokerage agency can be a beneficial way for new freight brokers to learn the ropes and gain a working knowledge of logistics tools. Use our helpful guide to learn about the top 20 freight brokerage jobs in the United States and what freight brokerage insurance entails.
What Is Freight Brokerage?
A freight broker is a transportation intermediary, which means that the broker does not own the cargo being shipped or the vehicles used to transport it. A freight broker, on the other hand, uses its logistics expertise to connect shippers who need their cargo shipped with carriers who have the capacity to ship cargo.
They assist cargo shippers in navigating the complex process of locating the right carrier at the right price. Equally important, freight brokers assist carriers in keeping their fleets running at full capacity by locating loads to move. Freight brokers use their logistics knowledge to keep supply chains moving and deliver the goods that consumers and businesses rely on.
Freight Broker Responsibilities and Duties
Here are freight broker’s responsibilities and duties:
- Identifying and screening prospective carriers in order to create a pipeline of service providers
- Obtaining information from clients in order to determine their shipping requirements
- Obtaining shipping quotes from carriers and relaying them to customers
- Client freight service booking through carriers
- Coordination of shipment pickup and delivery
- Monitoring shipment progress to ensure that goods arrive on time and undamaged
- Updating customer management software to ensure accurate client records
- Providing clients with advice on potential supply chain issues
Qualifications and skills for a Freight Broker
A specific skill set and freight brokerage training are required for freight broker careers. A freight broker should have the following skills and qualifications:
- Extensive supply chain management knowledge
- Knowledge of logistics software, customer relationship management software, and spreadsheets is required.
- Strong problem-solving skills are required to resolve issues that arise prior to, during, and after shipments.
- Negotiation skills that have been honed in order to obtain the best possible quotes for customers
- Excellent communication and interpersonal skills are required to work with carriers and clients all over the world.
- Analytical skills are required to determine which carriers provide the best set of services for various clients.
- Building relationships with prospective clients and carriers requires networking skills.
- ‘Proven sales skills in acquiring new clients and carriers, as well as closing shipping deals’
Freight brokerage training
Here are the best freight broker training schools for you to enroll in and horn your skills:
- Freight Broker Agent School
- Atex Freight Broker Training
- Freight Broker Trainer
- Taltoa Freight Broker Training
- Logistics Academy
With the above freight brokerage training school, you are sure to land top-notch freight brokerage jobs.
Best Freight Brokerage Jobs
Here are the top freight brokerage jobs in the United States for you to choose from and start a rewarding career:
- Customs Brokerage Agent
- Cargo Logistics Agent
- Freight dispatcher
- logistics coordinator
- Freight Solutions Specialist
- Customs Analyst
- Warehouse Operations Specialist
- Air Freight Export Specialist
- Inventory Specialist
- Transaction Specialist
Customs Brokerage Agent
A customs brokerage agent, prepare documents for shipment import and export. This includes making sure that each shipment has the correct declaration for the destination country and follows all shipping and handling regulations.
As a customs brokerage agent, you also calculate and track taxes and duties, and in many cases, you process payments for your clients. If a problem arises, you may be asked to represent your client at official meetings.
You may also apply for tariff reclassifications and refunds as needed. You frequently coordinate shipments’ transportation and storage until they reach their final destination.
Cargo Logistics Agent
Cargo and freight agents are extremely important to the economy! And why? By assisting in the transportation of products or raw materials from one location to another.
A cargo and freight agent manages and coordinates incoming and outgoing shipments for transportation companies such as airlines, shipping companies, and railroads. Cargo and freight agents make it possible for goods to be shipped via airline, shipping, train, and trucking terminals and docks.
These professionals ensure that shipments are picked up and delivered on time, that paperwork is completed, and that fees are collected. Agents prepare and verify customs and tariff forms for international shipments.
A freight dispatcher, also known as a truck dispatcher, is a freight brokerage job that are responsible for handling radio and phone calls that direct drivers and trucks based on scheduling and ordering requirements. You manage orders and oversee the logistics of an organization’s vehicle fleet as a dispatcher.
You’ll keep meticulous records, monitor drivers’ logs, and track each load as it arrives and departs at checkpoints. Depending on your industry and the needs of your company, you may also act as a freight broker between shippers and carriers.
These freight brokerage jobs necessitate multitasking and prioritization abilities, as well as exceptional communication and customer service skills.
A Logistics Coordinator is an important role that assists a company in getting its product into the hands of customers in a timely manner. Their responsibilities include overseeing the entire supply chain of a company, from preparation to transportation to delivery. A well-managed system that maximizes profitability is an important indicator of a successful Logistics Coordinator.
One of the most important goals of this role is to keep a company’s fulfillment operations on track. Logistic Coordinators may be monitored by local, state, federal, and international agencies that oversee these operations because they must ensure operations meet legal and regulatory requirements. This role may report to a role such as Logistics Supervisor or Chief Supply Chain Officer, depending on the organization.
Freight Solutions Specialist
The Freight Solutions Specialist is in charge of operations as well as the growth of carrier and customer relationships. This position will combine sales and freight management to meet customers’ transportation needs.
Customs analysts, also known as customs compliance analysts or customs brokers, among other titles, are freight brokerage jobs that assist companies that import or export products in remaining legally compliant.
They apply the appropriate tariff codes to all imported or exported products, complete all forms and paperwork and sign them as representatives of their clients, calculate duties and tariffs for the products, and arrange payment of all associated fees. They ensure that the products pass through customs successfully and that they arrive at their intended destinations.
Warehouse Operations Specialist
A warehouse specialist manages the day-to-day operations of a warehouse. Coordination of shipping schedules, inventory tracking, and team meetings are all part of the job. Because this is a management position, additional responsibilities include supervising warehouse workers, shipping and receiving clerks, and other personnel. A background in logistics, warehouse experience, and knowledge of the shipping and receiving industry are frequently required for a career as a warehouse specialist.
Air Freight Export Specialist
An air freight export specialist export agent manages and coordinates the logistics of incoming and outgoing shipments. They are primarily responsible for ensuring that all cargo shipments comply with US Customs guidelines, as well as ensuring a smooth delivery process.
Their duties include estimating quotes, planning deliveries, preparing required documentation, and updating information for shipments in progress, which are all common tasks for an air export agent.
They are typically employed in offices and spend the majority of their time in front of a computer. Some air export agents, however, may be required to operate machinery, which necessitates appropriate licensing.
The Inventory Specialist is a freight brokerage job that is in charge of inspecting incoming and outgoing shipments and ensuring that all orders are delivered correctly. They also must report any issues with inventory management systems or other employees to their managers so that these issues can be resolved as soon as possible.
Transaction Specialists easily complete their duties and are versatile, whether it’s processing transactions or communicating with lenders, clients, and suppliers.
Each transaction specialist typically analyzes data, keeps complete and accurate records, and assists with routine accounting duties. The most important aspect of your job will be communicating with vendors and suppliers to ensure charges are accurate. As a result, you should be a skilled researcher with strong communication and computer skills.
To excel as a Transaction Specialist, you should also devote yourself to providing compelling and consistent resources for members, other agencies, and third parties. You should have excellent time management skills as well as be trustworthy, thorough, and kind.
Freight brokerage insurance
When a freight forwarder is sued for property damage, personal injuries, or negligence, freight broker insurance provides coverage.
Carrier liability insurance policies for freight brokers include:
- Contingent cargo insurance
- Errors and omissions insurance
- Contingent auto liability insurance
- General liability insurance
Contingent cargo insurance
When cargo is lost or damaged while in the care, custody, and control of a freight broker, clients can sue for compensation for any resulting losses. In most cases, the lawsuit will cost $100,000 or more.
Contingency cargo freight brokerage insurance is a liability policy in freight broker insurance that covers lawsuits after cargo in transit is lost or damaged. The freight broker can pay the full value of the lost or damaged products and goods this way. A policy limit of $100,000 is possible.
However, insurance companies that specialize in freight brokerage insurance coverage, provide coverage ranging from $1 million to $2 million.
It should be noted that contingent cargo insurance will only provide coverage if the shipping carrier’s insurance policy does not cover the freight broker.
Furthermore, contingent cargo insurance will only cover instances of loss or damage while the cargo is in transit.
Errors and omissions insurance
Clients and other concerned parties can sue freight brokers for negligent hiring in addition to suing for the cost of their lost or stolen goods. Customers expect freight brokers to only hire the best motor carriers.
Furthermore, if it is proven that the clients suffered damage or loss as a result of the freight broker’s collaboration with an underperforming carrier, legal liability may be incurred. You need freight brokerage insurance to help in this scenario.
Contingent freight brokerage insurance
Logistics brokers hire motor carriers to transport their clients’ goods. As a result, it’s critical to ask, “Will the freight broker be held legally liable for accidents caused by the motor carrier?” Yes, the answer is yes. That is where freight brokerage insurance comes into play.
There are numerous ways for a logistics broker to be held legally liable for accidents caused by motor carriers. Examples include accusing the freight broker of failing to investigate the motor carrier’s background, treating the freight broker and motor carrier as a joint venture, and interpreting the motor carrier’s actions as the freight broker’s actions. Proper freight brokerage training is required for this job.
Freight brokerage salary
The average national freight brokerage salary in the United States is $62,105 per year, with freight brokerage salary commissions accounting for an additional $28,000 per year. Many factors, particularly freight brokerage training, location, influence freight brokerage salary. Employees in major cities’ freight brokerage salary is significantly more than freight brokerage salary in rural areas. Freight brokerage salary for a broker with a good reputation and years of experience can earn more than inexperienced brokers.
If you want to work in freight brokerage as a logistics broker, one of the first things you should think about is the freight brokerage training you need. We discovered that a bachelor’s degree is required for 50.5% of freight brokerage jobs. Despite the fact that most freight brokerage jobs require a college degree and basic freight brokerage training, it is possible to obtain one with only a high school diploma or GED.
FAQs About Freight Brokerage jobs
The Bureau of Labor and Statistics predicts that this career will grow by 9% per year until at least 2024 due to increased demand in the logistics industry.
C.H. Robinson is the world’s largest freight brokerage firm, with net revenue of approximately 1.8 billion US dollars, assisting a company that needed their freight delivered by a qualified motor carrier. C.H. Robinson is Minnesota-based transportation and third-party logistics company.
Here are the top freight brokerage jobs in the United States for you to choose from and start a rewarding career:
Customs Brokerage Agent, Cargo Logistics Agent, Freight dispatcher, logistics coordinator, Freight Solutions Specialist
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