Details + Curriculum | Click Here
Course Code: FB9110
What you will learn
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How to use and understand the Transportation Management System (TMS). Technology has changed the Freight Broker Industry. You will be trained on one of the best TMS in the industry. Click Here
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The basics of freight brokering, and qualifications needed for freight brokers and freight broker agents
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How to set up an office, goals, and a corporate identity for a freight brokering business
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How to set up a shipper and carrier packet for a freight brokering business
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Software used for accounting and operations and how the transportation law affects a freight brokering business
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The terms, insurance requirements, liabilities, policies, and recordkeeping best practices involved in contracts between the broker, carrier, and shipper
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Ways to determine rate quotes between your freight brokerage, the shipper, and the carrier using negotiation and sales techniques
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How you will benefit
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Insight into the industry to determine which avenue fits you best and will give you guidance to obtain the highest ratios for success
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Why great software, quality contracts, and correct documentation are the backbone of your business
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Understand transportation laws and how they affect your business
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Learn the workings of the industry and how to translate that into your relations with your shippers and carriers
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Fine-tune your ability to find a fair but profitable balance in rate quotes to keep your clients satisfied and coming back
How the course is taught
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Self-paced, online course
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3 Months to complete
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Open enrollment, begin anytime
Details of Learning
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The Basics of Freight Brokering
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Setting Up a Freight Business
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Setting Goals for Your Career
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Setting Up Your Shipper Packet and Your Carrier Packet
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Operations and Using Operations Software
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Types of Freight and Exploring Niche Markets
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Transportation Law
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Broker-Carrier Contracts
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Broker-Shipper Contracts
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Insurance for Carriers and Brokers
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Recordkeeping, Accounting, and Financial Management
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Determining Your Rate Quotes
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Carrier Relations and Solutions for Success
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Sales and Profitability
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Advanced Marketing
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Develop Your Negotiation Skills
The US Bureau of Labor Statistics (BLS) lists freight broker/agent as “Bright Outlook” career area, with over 30% job growth expected in the next five years.
According to the US Bureau of Transportation (USDOT), over 11 billion tons of freight move by truck each year. This number will continue to grow, so skilled brokers are needed to keep the industry moving.
What you will learn:
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The basics of freight brokering, and qualifications needed for freight brokers and freight broker agents
-
How to set up an office, goals, and a corporate identity for a freight brokering business
-
How to set up a shipper and carrier packet for a freight brokering business
-
Software used for accounting and operations and how the transportation law affects a freight brokering business
-
The terms, insurance requirements, liabilities, policies, and recordkeeping best practices involved in contracts between the broker, carrier, and shipper
-
Ways to determine rate quotes between your freight brokerage, the shipper, and the carrier using negotiation and sales techniques