How much do freight brokers make off each load? (2024)

This question is about freight broker license.

By

Zippia Team

- Jun. 29, 2022

Freight brokers typically make 3-8% of what they charge for each load. Freight brokers make their money by charging shippers more than they pay carriers for each load. After they use some of this money to pay off their expenses, they usually have 3-8% left over as profit. When freight brokers work independently, they get to keep this 3-8% margin, which is why becoming a licensed freight broker is attractive to so many people. Those who work for freight brokerage companies, on the other hand, usually earn a salary and a small portion of the 3-8% as commission.While being an employee usually comes with less liability, it also often comes with lower pay since their employer takes the majority of the money earned from each transaction.

How much do freight brokers make off each load? (1)

Jobs Near You

Related Questions For freight broker license

How much do freight brokers make off each load? (2024)
Top Articles
Latest Posts
Article information

Author: Aron Pacocha

Last Updated:

Views: 6432

Rating: 4.8 / 5 (68 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Aron Pacocha

Birthday: 1999-08-12

Address: 3808 Moen Corner, Gorczanyport, FL 67364-2074

Phone: +393457723392

Job: Retail Consultant

Hobby: Jewelry making, Cooking, Gaming, Reading, Juggling, Cabaret, Origami

Introduction: My name is Aron Pacocha, I am a happy, tasty, innocent, proud, talented, courageous, magnificent person who loves writing and wants to share my knowledge and understanding with you.