Should a Carrier Get their Freight Broker Authority?

Should a Carrier Get their Freight Broker Authority?

The short answer is YES!

In my opinion, it makes complete sense for these small trucking companies to get their freight broker authority. Let’s say you were to add a freight broker division and only broker full 1 truckload ($1,500) per week. Assuming a 15% profit margins you could earn an extra $11,700 in profits a year.

All without having to buy another truck!

As a motor carrier it makes total sense to offer both asset and non asset based services.

  • It allow carriers to service their customer more effectively due to increase capacity that brokerage can bring.
  • It allows you to optimize your equipment utilization because there are times when it makes more sense to broker a load then to put it on your own equipment.
  • It allows you to save your customer money by brokering loads ta rates you would not accept for your own trucks.
  • It adds another profit center for your business without having to purchase and or go into debt for another truck or trailer.

Click here to learn how to become a Freight Broker or Agent in 30 days or less. 100% money back guarantee!

Did this post help you out?  If so, I’d greatly appreciate it if you’d comment below or SHARE on Facebook, Twitter or LinkedIn and be sure to click the g+1 logo and let Google know too!

Cheers,

Dennis Brown
Owner/Trainer, www.FreightBrokerBootcamp.com

3 Comments on "Should a Carrier Get their Freight Broker Authority?"

  1. Hi Dennis,

    We came across your website just accidentally and watched a couple of your videos, which we liked. My husband has been a motor carrier for 7 years (just one truck, but he has his own authority and we would book loads ourselves), but I don’t believe he’s ever done a shipper direct load. We are considering opening a brokerage division. Is that realistic since we don’t have any existing customer relationships? How do we find shipper loads as a carrier, and once, we’re a broker, how we go about finding customers?

    Thank you!

  2. We currently have our broker authority and now my husband is in the process of getting a separate authority as a carrier. Unfortunately we have called several insurance companies and they are all saying they won’t write a policy because liability purposes. Any ideas? (or is this a thing of the past like they said?)

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