This nationally recognized Freight Broker Training Course teaches the skills that students must acquire to be successful as a Freight Broker Agent. Tutorials and projects will teach the student the practical application of Freight Broker skills.
CERTIFICATION: Diploma ESTIMATED COMPLETION TIME: 3 to 4 months ENTRANCE REQUIREMENTS: Grade XII or equivalent PROGRAM STARTS: Anytime you like!
GRADUATION REQUIREMENTS: Completion of all Program Components as listed below with a minimum grade of 70% Successful completion of all assignments Recommendation from your instructor
Entrepreneur Magazine has rated the freight brokerage business as one of the top home-based businesses to own, and a recent Wall Street Journal article cited freight brokering and logistics as the largest growing sector of the transportation industry.
Written by freight brokerage specialists, the freight broker/agent training course will provide the student with the knowledge and resources needed to break into the $400 billion plus shipping industry.
Freight broker professionals are in demand. No matter the state of the economy, goods will always need to be shipped. A motivated and disciplined freight broker or freight agent, who has received the proper training, can build up his or her business into a six figure earning potential. It is an ideal home business for a self-starter who enjoys fast-paced work.
Become a part of the exciting trucking, freight logistics, and transportation industries as a licensed freight broker, or as a freight broker agent. Students will learn the “how-to’s” of building up a freight brokerage or agency. From licensing to operations, to sales and marketing, students learn the basics of how to run a freight brokerage or agency. This course arms graduates with the information needed to succeed in the freight brokerage business, and can help lead to a rewarding career in this field.
Part 1: Workplace Fundamentals 75 hours (Exclusive to The Online College Diploma Programs) The Online College includes workplace fundamentals courses in our Diploma Programs for two very good reasons: To improve students’ success in the core program areas and to enhance employability upon graduation. Students must successfully complete or challenge 25 of 25 workplace fundamentals courses.
1. Keyboarding (25 wpm) 2. Communications (4 courses) 3. Computers and Internet (10 courses) 4. Customer Service (2 courses) 5. Management and Leadership (4 courses) 6. Presentations (2 courses) 7. Team Skills (1 course) 8. Time Management (1 course)
Part 2: Core Program 150 hours Our nationally recognized Freight Broker Training online Diploma Program teaches the skills that students must acquire to be a successful Freight - Load Broker Agent. Tutorials and projects will teach the student the practical application of Freight Broker skills.
I. Freight Broker Basics a. Overview of the Job i. What is a Freight Broker? ii. Requirements to Become a Freight Broker iii. What is a Freight Broker Agent? iv. Requirements of Becoming a Freight Agent v. Why do Shippers use Freight Brokers/Agents?
b. Industry Overview i. Overview of the Transportation Industry ii. Brief History of Surface Transportation and Freight Brokering iii. Industry Potential and Trends
c. Broker Laws & Requirements by the FMCSA i. Legalities of Broker/Brokerage Services ii. Non-Brokerage Services iii. Laws regarding Record Keeping for Brokers iv. Laws regarding Misrepresentation v. Broker Advertising Liability vi. Rebating and Compensation vii. Duties viii. Double Brokering Legalities ix. Laws regarding Accounting Expenses
II. Marketing and Sales a. More on Marketing i. Market Niches ii. Market Trends iii. Competition iv. Networking v. Promotions vi. Your Marketing Dollars
b. Customer Relations/Customer Profile i. Qualifying the Prospect ii. Determining Needs iii. Features and Benefits iv. Managing Objections v. Personality Types vi. Building Trust vii. Sales Process and Growth
c. Overcoming Challenges i. Shipper Situations ii. Carrier Situations iii. Consignee Situations
d. Success and the Broker/Agent i. Why Become a Broker or Agent? ii. Benefits and Opportunities iii. Traits of a Successful Broker/Agent iv. Goal Setting v. Developing a Plan vi. Qualities of Success
III. Getting Started a. Starting Your Business i. Your Business Name ii. Setting up your Business iii. Filing for your Broker Operating Authority iv. Filing for your Surety Bond v. Obtaining your Process Agents
b. The Next Steps i. Ensure Cash Flow Resources ii. Business Bank Account iii. Setting up your Office iv. Transportation Software & other Software Considerations
c. Preparing your Initial Marketing Materials i. Determining Your Business Identity ii. Decide on any Initial Niche Target Markets iii. Formulate Initial Website iv. Examples/ Initial Marketing Materials
IV. Shipper/Carrier Marketing and Dynamics a. Setting up your Shipper Packet
b. Setting up your Carrier Packet
c. Setting your Rates i. Determining Competitive Rates ii. Resources for Rating iii. Rate Variables iv. Types of Rate Matrices v. Fuel and Surcharges vi. Accessorial Fees
d. Finding your Shippers
V. Load Dynamics/Operations a. Building the Load i. Load Data ii. Special Instructions iii. Rate Verification with Customer
b. Matching the Carrier i. Load Posting ii. When to Post/What to Post iii. Checking Authority and Safety iv. Insurance Verification v. Carrier Contracts
c. The Process Continued i. Rate Confirmation ii. Carrier Pick-up and Delivery iii. Dispatching iv. Tracking and Verification
d. Carrier Relations (Your Carrier Profile)
VI. Conclusion and Appendices a. Conclusion
b. Financial Management i. Staffing ii. Cash Flow iii. Auditing and Billing iv. Setting up Invoices for Payment v. Other Brokerage Accounting
c. Insurance Claims i. Types of Freight Claims ii. Claim Forms iii. Claim Procedures iv. Claims Laws
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