Freight Brokerage

Opening a freight brokerage business is a good option if you are planning to work from your home office. Transportation will always be a necessity making this type of business in high demand.

As a freight broker, you work side by side with manufacturers, wholesalers and distributors who need to get their products across town, or cross country from location a to location b. This is where you come in!

*Positive: This industry grosses over $346 billion each year, which equals a lot of money to be made!

*Negative: Your job will require you to spend many hours coordinating people and deliveries which may not always arrive on time when and where they are supposed to be. This can become easily stressful for you, so please keep this in consideration when considering this business.

*What you need to start: To run a freight brokerage, you will most likely need to be licensed by the Office of Motor Carriers (a division of the Federal Highway Administration, Department of Transportation.) In most areas, (please be sure to research for your specific location) you are required to carry a $10,000 surety bond or trust.

Other equipment you will need is a printer, fax machine, phone line and computer. Organizational skills are a plus as it will help you get going quicker and smoother.

If you contact The Transportation Intermediaries Association They will send you a new brochure kit will details about operating your freight brokerage. You can call them at (703) 329-1894.

For more Research we have included some resources below:

• How to Start a Freight Brokerage Business
• Start Your Own Feight Brokerage Business (Entrepreneur Magazine's Start Up)
• http://www.freightworld.com/ is filled with information!

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