Freight Broker Industry Training Guide

Published October 10, 2010 | By Bman

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load that is ,000 added up in 25 days to 0,000 that you would have to pay carriers before you start to receive payments from shippers. That is why it is beneficial to become an agent for a company rather than open your own brokerage. Also, having an established name and an older MC number will help you in gaining new customers. If you open your own brokerage you are going to get a new MC number that is recognizable to customers and they are hesitant to do business with an un-established brokerage.
Also, the cost of operating a brokerage is more than the split they keep if you are an agent. I advise being an agent. If you want more money, and have a great book of business, they will likely give you a larger split instead of losing you.
Also take in to consideration the cost and time involved in managing employees, payroll, and insurances. These are

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