How To Become Certified As A Professional Freight Broker?
Learning how to become a freight broker to help trucking company's grow is a rewarding career. The limitations within this trillion dollar industry can only be backed by a Property Broker's Authority The word we hear daily describing a property broker is also called freight broker, or freight broker agent. These are terms we have adapted to the profession of being a property broker within America. The logistics industry has seen an influx with the demanding taunt of getting millions of loads moved daily and lack of available equipment, The rise in FMCSA Property Broker MC#'s and rising numbers of retiring truck drivers who want to get off the road and just move a load from home idea, has created a mass confusion on what the job duties of a so called freight broker truly are.
Certification is not mandated and is only needed for those who are seeking to enter the logistics career industry with proper training and guidance. Being a Certified Freight Broker Agent can give you just enough of the advantage ahead when building a relationship with carriers.
The requirements of becoming a freight brokerage on your own can be done quite easily. Filing for the proper documentations is the toughest part and your papers must be exact so that your not denied by the FMCSA. You can use LFS services to file for your freight broker license and freight broker surety bond so that these documents and federal filings are done correctly and fast, The basic requirements are: FMCSA GUIDELINES
For brokers of property: Proof of Insurance Coverage: a Surety Bond (Form BMC-84) or Trust Fund Agreement (Form BMC-85) in the amount of $75,000.
For brokers of household goods: Proof of Insurance Coverage: a Surety Bond (Form BMC-84) or Trust Fund Agreement (Form BMC-85) in the amount of $75,000.
Form BOC-3, Designation of Process Agent Form (brokers may designate themselves as their own process agents in the State in which they are writing contracts)
Application processing fee: $300 (non-refundable) charged during the application process
Application processing time: Approximately 4-6 weeks
Read more about 6 Steps To Starting Your Freight Broker Business
Each day within the logistical industry, changes are taking into effect and just getting a property broker authority does not make you a Professional Logistical Service Provider.
Here are some reasons of why you need to get educated by a true program that
enables the individual to have a hands on experience while learning how to freight broker. receiving Freight Broker Certification from LFS enables you to
Certification with LFS enables you to have the knowledge to keep your trucking clients update and in compliance with their safety maintenance and daily driver safety compliance. You will be able to provide proper FMCSA Compliance guidance to your trucking clients.
Certification gives a new logistic freight agent the knowledge to know the cost of maintenance and what is required when operating a truck for hire.Trucking company's have invested hundreds of thousands of dollars into equipment that you must professionally manage to be profitable.
Certification allows you to become a professional within mapping solutions that gives the route information to better become profitable with fuel cost and dead head miles.
LFS Freight Broker Training Course gives you the right direction for becoming a professional with HOS and ELD compliance that just became mandated in 2018. A freight broker must monitor the HOS (Hours OF Service) that is mandated by the FMCSA and learn the connecting software that delivers the trucks exact location, hours of operation, On Duty Status and more.An individual who is not knowledgeable with these mandates could directly cause a trucking company error and result in out of service and costly fines. An agent is always connected to software Transportation Management Solutions that keeps company's connected to the driver at all times.