Choosing a Broker Training Course
Whether you are an experienced freight broker or want to begin your career in the shipping industry, it is important to receive proper training. Brokers are responsible for managing shipments and connecting shippers with transportation companies. Brokers must have strong business skills, including negotiating and managing employees. They also must understand the ins and outs of the industry.
Broker training courses cover everything from real estate law to negotiating rates and marketing strategies. Brokers also learn about taxes and legal requirements for the brokerage industry. They will also receive guidance in choosing software and sourcing leads. The course is designed to be flexible and can be completed in a week or over time.
Upon completion of a broker training course, graduates will be ready to take the state licensing examination. The exam may require a criminal background check. If you fail the exam, you will need to take a 6.5-hour DVD video training course before taking the exam again.
Broker training courses can be either online or in an offline classroom. Online courses are best suited for people with busy schedules. On-location schools provide one-on-one attention and can offer more personalized training. They can also offer hands-on training, which can be beneficial for those interested in starting a freight brokerage.
Some brokers choose to open their own brokerages after they have a few years of experience in the industry. Others do not, but choose to work for a designated broker. They have similar duties and responsibilities as sales agents. They may need to obtain a license from the FMSCA.
Transport Training International School provides a range of freight broker courses. Their 5-day course is designed to provide practical guidance and offers an opportunity to complete a placement with a freight brokerage firm. The school also offers online courses and a home study program. You will learn the ins and outs of the industry and receive practical advice from experienced freight brokers. The school has centers in Georgia and Dallas.
Choosing a freight broker training course can be tricky. It is important to choose a program that teaches you all of the core competencies you need to be successful. Avoid programs that do not cover these basics, and avoid learning things that you already know.
A quality freight broker training program will teach you how to move freight, negotiate and manage shipments, and strengthen customer relationships. You will also learn how to source leads and source clients. You will also learn how to create freight rates, negotiate, and perform due diligence. You will also learn how to use equipment and recordkeeping procedures.
A freight broker training course will also teach you how to develop and market your business. The course will also provide resources for licensing a brokerage. You will also learn about contracts, carrier packets, and insurance.
You will also receive a certificate of completion after completing your course. You can then take the state licensing examination and obtain your license.