The Importance of Broker Training
Broker Training is a form of education that helps individuals become licensed brokers in their field. Whether they are working in financial investments, real estate, or insurance, brokers play an important role by facilitating transactions and ensuring that all documentation is properly filed. In addition, they can also provide guidance and advice to their clients about their options in terms of products or services. In order to become a broker, individuals may choose to take a training course or obtain a certification.
Having the right broker training can help you gain a competitive edge in the freight industry. It will teach you everything you need to know about the process of becoming a freight broker and how to start your own successful brokerage business. This will allow you to build a strong customer base and increase your income potential.
Freight broker agents are licensed companies that act as liaisons between a shipper (business with goods to move) and a carrier (company that has the equipment to transport those goods). They manage all of the day-to-day operations including invoicing, compliance, claims, credit checks, transportation management, and technology. Freight brokers can be independent or work with a team of freight agents.
The average salary for a freight broker depends on the size of the company and their level of expertise. However, according to the Bureau of Labor Statistics, the median annual wage for transportation, storage and distribution managers (which includes freight brokers) was $97,630 in May 2020.
While many people are tempted to become a freight broker, it is important to understand that this is not an easy job and requires the right amount of training and support. This is why many new brokers fail within their first year or two. With quality training from a trusted source like Freight 360, you can avoid this fate and set yourself up for success.
While there are a number of different ways to become a freight broker, the best method is to complete an accredited online freight broker agent course. This will give you access to comprehensive resources including training articles, financial strategies, workflow diagrams, and negotiating methods. Most certified freight broker training courses will also include guest speakers from the transportation industry and offer internship opportunities to help you get started in your career. Additionally, Brooke Transportation Training Solutions offers a virtual Broker Agent Resources Day once per month exclusively for their course graduates. This is a great opportunity to meet other freight brokers and gain valuable networking contacts in the industry.