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What is a freight broker?
A freight broker is an intermediate person between a shipper and a freight service provider. Freight brokers tend to specialize in certain types of freight, such as heavy equipment hauling on lowboys, oversize, bulk tanker, auto, or other types of freight transportation.
Freight Brokers are the middle man in the billion-dollar Trucking industry, as of today trucking is responsible for most of the overland freight movement in the United States, with the market being worth 791.7 billion U.S. dollars, according to government statistics.
Today the Freight Broker business has expanded from online load boards into a truck driver’s phone with apps dedicated to finding high paying loads, right at your fingertips. many Freight Broker apps even let you plan your stops after picking your load.
What’s the salary for a Freight Broker?
Top earners can make over 100k a year while the average is between 50k-65k a year. according to zip recruiter, the average annual pay for a Work From Home Freight Broker in the United States is $57,729 a year. or approximately $27.75 an hour. This is the equivalent of $1,110/week or $4,811/month.
What are the Best Freight Brokers for Owner Operators?
Finding out what freight broker is the best one for you can be a difficult task to accomplish. Many brokers are focused on making the most money in the shortest amount of time, and so, many brokers will treat owner-operator as a number, oftentimes it will feel like a game of roulette when dealing with new brokers.
Tip for finding the best freight Broker.
- Uber Freight: Uber freight also lets you read and see reviews from Brokers that have posted loads.
- DAT Load board: DAT load board lets you read and see Broker’s rating before you even book a load, saving you a potential headache from dealing with an unscrupulous broker.
- Ask a seasoned truck driver: Asking a truck driver that is already in the trucking industry is one of the best ways, yet not all truck drivers will share that kind of info, they may fear potential competition.