How to Choose A Freight Broker

A freight broker's job is all about logistics. The brokerInformation on freight companies is freely available on
liaises between manufacturers, wholesalers andwebsite directories, such as American Freight
distributors to ensure safe and punctualCompanies at This useful resource lists freight
transportation of goods to the designated destinationcompanies according to twelve categories: companies
point of resale. Profit on the transactions is known asare listed in up to twelve different categories: Freight
freight brokerage.Companies, Common Carriers, Shipping Companies,
As a profession, it has its origins at the early part ofTrucking Companies, Motor Freight, Freight
the last century.Licensed brokers are eitherServices,Truck Load Freight, Furniture Shipping,Rail
companies or individuals, and the companies whichFreight and Special Freight Services. All the listed
contract them may rely wholly on them for theirfreight carriers have negotiated some kind of
shipping needs, thus doing away with the need for adiscount with American Freight Companies. How long
department of their own. There are currently abouthas the company been operating? The first couple of
four thousand licensed freight brokers in the U.S.,years of any new business are fraught with problems
although only about half work as such full time.Formaland cash flow difficulties. An established company has
qualifications are not a legal necessity, although thereproved its worth. If you do not know much about a
are institutions offering training in the speciality andfreight broker, use this as your basic criterion.
issue diplomas. Licenses are issued by Federal MotorMembership of the industry trade group
Carrier Safety Administration (FMCSA)and they mustTransportation Intermediaries Association (TIA)
prove adequate insurance coverage to cover clientvoluntarily abide by a strict code of ethics, so you
losses in order to be able to operate.are on to a safe bet if you opt for one of these
When choosing a freight broker, bear this point incompanies. For all transactions with a freight broker,
mind.Check carefully, because for-hire motor carriermake sure you have a written contract. This will
authority is not the same thing. Multiple transportationavoid problems later on about establishing
modes are a must. Three should be alternativesresponsibilities. You can visit to find more information
available if anything goes wrong during the operation.about dealing with freight brokers.
How does the broker choose its carriers? TheirFind out if they have ancillary services, and if so,
selection criteria are very important. Not all carrierswhat they cover. Ask them to explain processes -
are equally trustworthy or reliable. The lines ofthe more communicative they are about their
communication are vital in this industry. Ask brokersprocedures, the higher chance it is a reliable firm. You
how they match loads to carriers, how they confirmshould also always ask up front for an estimate of
correct pick-up and even view a selection ofthe costs of your operation and compare this to
correspondence.other freight brokers'.