Freight Broker Agents - What it’s Like to be an Agent in 2023
ฝัง
- เผยแพร่เมื่อ 30 ก.ค. 2024
- You might know what a freight broker is, but what about a freight agent? They have similarities and differences, and we're breaking it all down in this video.
0:00 Intro
1:07 What is an agent?
1:35 Legal definition
2:48 Benefits
4:48 Downsides
Freight Broker Basics Course: bit.ly/freight-360-university
Recommended Products: bit.ly/3mT2KAP
Freight 360 Website: www.freight360.net/
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I started my own brokerage in 2017 and sold in 2019.
I was solo, and did everything myself. I was great at what I did and built my revenue up quickly.
Being busy 24/7 led me to jump at the chance to sell in 2019.
However, this is in my blood and I am back in the industry, but this time as an agent.
Good luck to everyone. Have a Freight day!
How much did you make?
@@jibbo123 about $7
@@Mister-Hand worth it
@@Mister-Hand$7M in 3 years? Wtf
@@HostileGingerATL $7.00
great video w lots of gems but background song is annoying, you want to educate not give mental anxiety
Thanks! We’ll adjust the music🤣😂
Great info!
Glad it was helpful!
I'm starting out as a shipping agent (similar to freight broker I think) doing the China-South Africa(home country) route with no real experience in the industry but I'm good with networking. Found this vid quite helpful. Already concluded my first shipment yesterday.
I just have a question though, should I focus only on one route (China to SA) or would it be better to focus on China to anywhere? Bear in mind, I'm based in Shenzhen, China.
This is a little out of our wheelhouse. Freight agents are a different industry than freight brokerage in the US. As a tactical strategy, it's good to learn a niche like one shipping lane well before expanding into other markets. Hope that helps.
@@Freight360 Understood. Thanks for the advice. Have a great day!
What do you consider being the responsibilities of an agent: find customers and move freight (all contact until load has been delivered)? Everything except for the admin, invoicing, accounting duties?
They will be provided invoicing, accounting, claim support, load board access, emails and TMS. The agent is responsible for everything else. Some agents can agree to lower commission percentages when utilizing the Broker's operation staff for covering loads, managing check calls and scheduling appts.
Thanks! What are the most common splits you see out there for agent vs sales dept. Agent takes 50-70%, what would % sales rep be? @@Freight360
👍👍
Are freight agents allowed to work/contract with more than one broker at a time? So if Brokerage "A" does not want to move that load for whatever reason (such as extending credit, etc.), I can go with Brokerage "B"?
Depends entirely on your contract
@@Mister-Hand So it IS legal to do, as long as all parties in agreement- I didn't know if the FMSCA says anything about it or not.
Yeah you usually can unless your contract had an exclusivity clause which is tough to enforce in a 1099 setting.
Freight agents operate under a freight brokerage. They don't typically move loads for other brokers. Unless they have a co-brokerage agreement in place. If you are taking loads from a broker on a load board, that is considered double brokering. Unless that broker has an agreement in place with you. Make sense?
Is this what Landstar does?
@@andersonindaburo9492 they’re mostly agents with access to their own assets.
How do we look for work when there is no broker positions in British Colombia? Lol