Sep 27, 2017 • Brokers

Top 50 Freight Broker Companies

Top 50 Freight Broker Companies

Top 50 Freight Broker Companies

Freight broker companies specialize in moving freight that includes truck loads, air freight, and even rail. Freight brokers are responsible for finding truck load carriers to haul freight for their client’s.

Just how important are freight broker companies? Well, in 2016, trucks moved 10.42 billion tons of freight in America. Televisions, dishwashers, machinery, fresh produce, even homes – trucks do it all.

Top 50 Freight Broker Companies

The top freight brokers are based on the company’s net revenue, which also means those companies listed below are considered the most profitable freight broker companies.

Broker Load Board – Truckloads

Freight brokers can use Truckloads load board to post available truck freight in order to reach over 100,000 qualified carriers and use features such as truck search, making it easier than ever to find carriers to haul a load!

100k+ qualified carriers
Post loads via TMS, CSV or various other integrations
Confirm a carrier’s Safer Rating
See how many times a loads been viewed
Search for Available Trucks ready to haul now!

Best of all, Truckloads is FREE to use!

So what are you are waiting for? Start posting loads and find carriers today.

[button text=”Post to Truckloads” href=”https://ship.truckerpath.com/signup?utm_source=blog&utm_medium=topfreightcompanies&utm_campaign=Sept26″ width=”250px”]

TagsFreight Brokers

How Do Freight Brokers Find Shippers [p] Freight brokers need to find shippers in order to connect them with carriers and move freight. How do freight brokers find shippers is an age-old question and one new freight brokers need answers too. Here are seven ways how freight brokers find shippers.[/p] [h2] How Do Freight Brokers Find Shippers? [/h2] [p]For freight brokers to find shippers, it's important to understand consumer products. Who manufactures them? Where do they come from? How many products do they sell? These are the sort of questions you need to target to know how freight brokers find shippers.[/p] [h2] 1. The Leads Surround You [/h2] [p]Look around you, regardless of where you are the things you see were most likely freight hauled and delivered by trucks, after all, over 70 percent of all freight in America moves by truck. Furniture, office equipment, consumer electronics, clothes, they are all types of freight that shippers need to be hauled from one point to another. As a freight broker, you can find shippers by doing research on the products you see every day to find out where they are manufactured and how they are transported. [/p] [giphy] <iframe src="https://giphy.com/embed/xT39CYwjsPWvIfw6UE" width="480" height="270" frameBorder="0" class="giphy-embed" allowFullScreen></iframe>[/giphy] [h2] 2. Review Your Purchase History and Compare [/h2] [p] Drawing a blank or feeling helpless in finding shippers? Reviewing your own purchases can be a great starting place. Whether it's the receipts from the store or your online Amazon order history, the products you purchase are manufactured and transported from somewhere. [/p] [p]As a freight broker looking to find shippers, you have to get creative at times and go beyond the normal trains of thought. Understand how companies are connected and if one lead doesn't pan out or isn't a viable option, don't give up, there are seemingly endless possibilities. [/p] [h2] 3. Look at the Competition [/h2] [p] Every product that is moved by freight has competitors, it's a natural occurrence and a driving force of the capitalist economy. Take a large company like John Deere. They proudly manufacture varieties of tractors with manufacturing plants in Iowa, Wisconsin, and Georgia. [/p] [p]Despite being a Fortune 500 company and having a tremendous market share, John Deere has a lot of competition in the tractor industry. Using a tool like <a href="http://financials.morningstar.com/competitors/industry-peer.action?t=DE&region=usa&culture=en-US">MorningStar Financial </a> you can get insight into who's its competitors are by clicking on the industry peers tab. Freight brokers can do this search for any publically traded company.[/p] [h2] 4. Use MacRae's Blue Book and Other Shippers Lists [/h2] [p] <a href="http://www.macraesbluebook.com/menu/product_heading.cfm?groupid=2533">MacRae's Blue Book</a> is an industrial directory that provides detailed information about manufacturing companies. You can search through companies based on the types of products they manufacture and the detailed information about a company will even include freight rate estimates for you to compare. [/p] [p] Other manufacturing lists such as <a href="https://truckerpath.com/uploads/2017/08/Top-500-Manufacturing-Companies-USA.pdf">The Industry Week 500</a> are great guides to help freight brokers find shippers. Companies such as Boeing and General Electric have a tremendous amount of supplies both in receiving and shipping of freight. Use the list as a starting point to help you find suppliers for these companies. [/p] [p] Ever wonder how many parts are required for Boeing to build one of its 737 planes? 367,000 parts. Suppliers of those parts are sourced from all over the nation (even world) and are often times small to medium sized businesses that may not have the resources to handle their own freight. This is where freight brokers can use the magic of Google to find shippers. [/p] [p] Search <a href="http://www.airframer.com/aircraft_detail.html?model=B737">"Boeing 737 Suppliers" </a> and boom, a full list of the suppliers for the aircraft including company details and contact information. [/p] [h2] 5. Livestock, Produce and the USDA [/h2] [p]Produce is shipped across the country to satisfy consumer demand. Who doesn't love guacamole even in the winter time just in time for the big game right? Produce locations vary based on the season, though you can conclude that Florida has fruits, Texas has avocados, the Midwest has corn and the Pacific Northwestern has apples. [/p] [p] You can use the <a href="https://www.ams.usda.gov/services/business-listings">USDA business listings</a> to locate farmers that grow crops or raise cattle, poultry, and other livestock and contact them as well.[/p] [h2] 6. Satellite View of Company Buildings [/h2] [p] Continuing to rely on Google and being imaginative in your searches to find shippers, freight brokers can use Google Maps satellite and street views of a building to see if it has shipping and receiving docks. You can spend hours just going street by street in industrial areas, verifying if a location has docks. From there you can do research the company to find out what they do and find out how they ship freight. [/p] [h2] 7. Cold Calling Shippers [/h2] [p] Yes, cold calling is still alive and well. Once you find a shipper you will need to contact them in order to gauge their potential interest in using a freight broker. It's easy to send a quick email but the chances of getting a response are quite low. The best way to connect with shippers is by calling them directly and be straight-forward in your dialogue. [/p] [p] A sales pitch isn't necessary and can be off-putting, but you should describe who you work for, company background or achievements, where you're looking to move freight through and see how you can be of assistance. Remember, you are there to provide them a service so it's imperative that you listen to their needs and how you might be able to address their pain points.[/p] [p]You'll need to understand how the shipper currently transports freight and see if there is an opportunity you can capitalize on. Undoubtedly, a significant portion of shippers will turn you down, but it's a numbers game and you'll never know if you have potential clients or not until you call.[/p] [h2] Relationships, Trust and Load Boards [/h2] [p] Finding shippers is only one aspect of the journey to be a successful freight broker. You'll need to cultivate relationships and build a reputation for being dependable when servicing your shipping clients. To do this you will need to rely on load boards like <strong>Truckloads</strong> with over 100,000 qualified carriers that you can connect with to haul freight for the shipper. [/p] [p]As a freight broker you'll also want to develop a rapport with carriers, especially the qualified ones. Once you use a carrier to move freight that you trust and have a good working relationship with, continue to use them and provide them with the opportunities they desire to maintain the relationship. [/p] [video id=snyBYpnuhWw] [button text="Try Truckloads for Free" href="https://ship.truckerpath.com/signup?utm_source=blog&utm_medium=findshippers&utm_campaign=Aug16" width="250px"]

Aug 16, 2017 • Brokers

Industry Update - March 15, 2019 <h3>Trucking Industry Update March 15, 2019</h3> <h5>By Jeremy Feucht</h5> <h3><strong><u>Did you Know?</u></strong></h3> One of the world’s first, and at the time the worst, oil tanker spill occurred this week in history. On March 16, 1978, the Supertanker Amoco Cadiz, wrecked off the coast of France. The spill released 68 million gallons of oil into the Ocean and covered roughly 240 miles of French coastline in oil. <h3><strong><u>Trucking tip of the Week</u></strong></h3> We are about a week away from Spring Break for most of the US. This means more cars on the road traveling to both big cities and remote areas. Make sure you allow yourself additional time on your trips. Be vigilant as this time of year also begins to see an increase in freight thefts. Be careful and be safe. <h3><strong><u>Declarations of Emergency</u></strong></h3> With another massive storm hitting the US, make sure you are checking the road and weather reports for the areas you are traveling to and through. This time, a good portion of the <a href="https://www.msn.com/en-us/weather/topstories/bomb-cyclone-slams-plains-midwest-with-heavy-winds-snow/ar-BBUMs06?ocid=spartandhp">Mid-West and Plain States</a> were hit with what is being called a “Bomb Cyclone.” This weather pattern hit states from Colorado to Iowa and as far south as Missouri. Many states have already declared a State of Emergency. Make sure you know if your loads are cleared for hours of service exemptions before trying to run in an exempt status. <h3><strong><u>Pay</u></strong></h3> In what should come as little surprise, and good news to owner-operators, large fleets saw a reduction in turnover rates in 2018. This is because <a href="https://www.joc.com/trucking-logistics/labor/pay-hikes-cut-truckload-driver-turnover-big-fleets_20190314.html">large trucking companies increased pay</a> across the board for their drivers. As rates drove up, companies were desperate to keep their seasoned drivers from going off on their own and increased pay. By doing this, they allowed owner-operators to operate at higher rates in the spot-market for a bit longer than normal. As rates begin to fall again, we will see if large fleets retain their high pay rates through the summer or not. <h3><strong><u>Danger on the Road</u></strong></h3> This piece of news has several dangerous aspects to it. A driver, just outside of Spokane, WA was uninjured when he navigated the rest stop exit improperly and wrecked his truck into a snow bank. Normally, a wreck that is off the freeway/highway would not shut down an interstate for two hours. This one however did as the trucker had <a href="https://www.khq.com/news/isp-confirms-semi-truck-carrying-missiles-was-headed-for-indiana/article_e96df9ae-443a-11e9-8fb5-430d6df36d84.html">16, 2000-pound US Military missiles</a> on board. Military crews from Fairchild Air Force Base were called to clean up and secure the scene.

Mar 15, 2019 • Carriers

Freight Broker License [p] Learn how to get a freight broker license and move freight in a few easy steps.[/p] [h2]Freight Broker License[/h2] [p]The freight industry is continually expanding and having a freight broker license gives you the authority to earn money by moving truck freight without actually hauling it.[/p] [p] A freight broker license allows freight brokers the authority to move freight by connecting shippers with carriers, essentially brokering the deal. Freight brokers are hired by shippers who have freight that needs to be hauled from one location to another.[/p] [p]Let's say there is a furniture warehouse in Texas that needs to ship its freight to department stores in Georgia. The warehouse representative is the shipper, who needs to find a carrier to haul the load. This is where the freight broker comes in.[/p] [p]With a freight broker license you are paid by the shipper to find a carrier to haul the load. You can use your broker authority to find qualified carriers on load boards like [a href="https://truckerpath.com/truckloads/broker-load-board/?utm_source=Blog&utm_medium=brokerlicense&utm_campaign=July19"]Truckloads[/a] by either posting information about your freight or by doing a truck search to find a potentially interested carrier.[/p] [giphy]<iframe src="https://giphy.com/embed/2HtWpp60NQ9CU" width="480" height="263" frameBorder="0" class="giphy-embed" allowFullScreen></iframe>[/giphy] [h2]Freight Broker License Cost[/h2] [p]To get a freight broker license and have broker authority you must apply for a US DOT number with the Department of Transportation first. Once approved, use your DOT Number to get a Motor Carrier (MC) number and broker authority with the Federal Motor Carrier Safety Administration (FMCSA). This is approved through the completion of the [a href="https://www.fmcsa.dot.gov/registration/form-op-1-application-motor-property-carrier-and-broker-authority"]OP-1 Form[/a] which includes a $300 application fee.[/p] [h2]Broker Authority[/h2] [p]Having broker authority isn't the only requirement to become a freight broker. You will need to decide if you want to start a freight broker company or if you want to work for an established brokerage company.[/p] [p]Regardless of your choice, you should be sure to do ample research in order to better understand the nuances of the trucking industry and which options are best for you. We've provided a step-by-step guide to help you become a freight broker.[/p] [button-white href="https://truckerpath.com/blog/how-to-become-a-freight-broker/"]Guide to Become a Freight Broker[/button-white]

Jul 19, 2017 • Brokers