How do you become a freight broker?
Freight brokers match truckers with empty space with manufacturers who need goods transported. A freight broker, also known as a property broker, never takes possession of the goods transported but arranges for its transportation. A licensed freight broker is able to operate his own business or work for a company that specializes in brokering transportation. Step 1 Consider enrolling in an educational program that teaches the ins and outs of being a freight broker. Both online and classroom programs are available. Step 2 Register with the Federal Motor Carrier Safety Administration as a freight broker. File the 0P-1 Application for Motor Property Carrier and Broker Authority form mandated by the FMCSA. Pay a $300 registration fee. Wait for a Motor Carrier Number to be assigned to you before you complete the rest of the freight broker application. Step 3 Obtain insurance or post a bond in the amount of $10,000. Contact an insurance agent or your local financial institution to arrange fo
