Why a Career as a Freight Broker Offers Flexibility, Growth, and High Earnings

Tired of doing 9-5? Learn about this business that offers freedom and monetary rewards!

I’ve done different types of businesses and jobs to see which one is best for me. While doing so, I became a freight broker, it is one of the best occupations that a person can do and earn substantial money. But what is a freight broker?

According to ResearchGate, “a freight broker’s goal is to properly connect clients who own merchandise that needs to be transported to separate locations with transport providers that can ship these orders according to the client’s particular needs and specifications.”

Since I have experience in this field, I’m writing this article where I’ll mention why a career as a freight broker offers flexibility, growth, and high earnings. It’s going to be an amazing write-up, so pay attention. 

1. Benefits of Being a Freight Broker

It is a rewarding position as you are the middleman who ensures proper communication between a business and its transportation. Without it, the supply chain can’t function smoothly and can mess up deliveries. 

It is also an independent role and has a great salary. Your role is to ensure that all the transmissions are being made on time and shipments are carried out to warehouses. Also, everything is being done under federal law, so you have to keep an eye on it. 

2. Job Flexibility: Work from Anywhere

I was a freight broker for years, and one of the best things about this profession was its flexibility. You didn’t have to be physically present and could do your job from anywhere. All you need is a laptop, phone, and a good internet connection. 

You can travel and still be active on your assignment and give proper instructions. You also have the power to set up your work hours. This is one of those employment positions that gives you the best experience. Yes, you do have to meet deadlines, but since you are doing it from your comfort space it becomes easier. 

DID YOU KNOW?
C.H. Robinson Worldwide is the world’s biggest freight brokerage company with a net revenue of $2,197 million!

3. Skills and Qualities That Make a Great Freight Broker

From my experience, I could pinpoint different capabilities and qualities that are mandatory in freight brokerage, and some of them are: 

• Communication: Without this skill, you can’t become a successful freight broker. Daily, you’ll be talking to several people, each with unique needs and orders, and you’ll have to show effective collaboration so they can trust you. 
• Negotiation Skills: You’ll want to seal deals at a reasonable price, so negotiation is a must. You have to set your goals, and a bottom line, and even be prepared to walk away. 
• Problem-Solving: Keep in mind that you’ll be met with distinct problems, let they be shipping or delivery-related. And if you can provide an instant and effective solution, your demand as a freight broker will increase. 
• Customer Service: You are doing an independent job, so you have to provide good customer service. Yes, there will be time when your customers will be unhappy with your service, but how you handle it matters the most. 
• Multi-Tasking: Handling several tasks at once is going to be your day-to-day work, so you should be able to handle it properly for smooth workflow. 

These are the skills and qualities that every freight broker should have. Without them, you won’t be able to function properly and will lose a lot of clients, and it will damage your name as a broker. 

4. Lucrative Earnings Potential

Freight brokers usually collect a certain part of the profit margin. So let’s just say you’ve handled all the shipments and deliveries for a company, and they earned a profit of around $1 million. Your profit margin was between 10-15%. 

So you’ll be paid around $100,000-$150,000. It’s just an estimation, as you will receive this rate per transaction. So it’s up to you how much in sales you can get. And if we only talk about the salary on average it starts from $62,000 per year, and you will receive compensation of around $28,000.

If you have professional experience or have managed to build a strong reputation in the sector, your salary can go up to $160,000 per year. If we talk about the US freight brokerage market, it’s worth around $17.96 billion and is expected to reach $26.82 billion by 2029.

5. Industry Growth and Stability

If we talk about industry demand and stability, freight brokerage is bound to grow as the transportation and shipping sector requires effective communication. There is always going to be a need for skilled agents and with time perks will get even better. 

So, these are some of the reasons why a career as a freight broker implies flexibility, growth, and high earnings. If you think you are suitable for this job and have all the necessary qualities and skills, then there is no harm in giving it a try. 

Luckily, if it took off, you’d be set for life. 

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