How to Become a Freight Broker in Nevada
Do you enjoy finding competitive pricing or bartering to get the best rate possible? If so, you may enjoy a career as a freight broker. These negotiating skills are important, but you must also be good at doing research and communicating thoroughly. Since freight brokers connect shipping companies with carriers, freight brokers need to understand important details about the shipping process and have the ability to choose carriers who are reliable. Freight brokers may also work directly with freight agents who will handle many of the day-to-day responsibilities, like compiling databases of information and interacting directly with customers.
Requirements for Becoming a Freight Broker in Nevada
National laws require freight brokers to earn a high school diploma or GED, along with a government-issued license to practice. There are currently no state regulations in place for this career field.
Completing a training program is not necessary to find employment; however, it will be a wise decision for those who want to educate themselves on the details of the industry. You may also be interested in completing an internship or apprenticeship program to build your skills and expertise by working directly under an experienced professional.
Nevada Schools for Freight Brokers
Finding a training program and choosing to enroll may be the decision that jumpstarts your career. Find out if one of the options below are right for you:
- Freight Broker Boot Camp allows students to acquire the knowledge to become freight brokers within just 30 days. A payment of $98 allows students six months of full online access to financial strategies, negotiating methods, training articles, workflow diagrams and much more.
- Brooke Training allows ualified military veterans to attend courses for free. All students receive job placement assistance after completing basic or advanced courses. The school offers both in-person and online classes.
- Freight Movers School allows new students to learn the basics of the trade, while advanced freight brokers can take courses on improving sales. Courses are available online, or in-person in Texas and Georgia.
Certifications for Becoming a Freight Broker in Nevada
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) is responsible for overseeing the licensing process for freight brokers. According to their requirements, you must first register your company as a business and then obtain a U.S. Department of Transportation number. After completing these steps, you will submit this number, an application and a $300 application fee to the FMCSA. After your application has been approved, you will receive your license. The approval time usually takes between 4 and 6 weeks.
All freight brokers must carry a $75,000 surety bond at all times.
Freight brokers have the opportunity to become Certified Transportation Brokers after completing the exam administered by the Transportation Intermediaries Association. This certification is not required to practice but will help exemplify that you take your work seriously and are dedicated to the job.
Career Outlook and Salary Expectations
Freight brokers in Nevada earned about $19.46 per hour on average, which is equivalent to an annual income of $40,470 according to Bureau of Labor Statistics data from 2017. During the same year, the top 10 percent of freight brokers in this state earned an annual income of $61,440.
BLS figures indicate that during 2016, there were 1,420 freight brokers employed in this state. By 2026, this number is expected to rise to 1,740, signifying a 22.3 percent increase in the job market during this 10-year period.
Working as a Freight Broker in Nevada
The most highly populated cities in Nevada are Las Vegas and Henderson. These would be ideal places for freight brokers to work, since they are likely to earn the highest compensation in densely populated areas.
Freight brokers have the option to work for an existing brokerage or to build their own brokerage company. Choosing to work for an existing brokerage means that many tools and resources will already be in place for you. If you decide to go into business for yourself, you will likely have to find the same tools and resources on your own, requiring more time and dedication on your part. While you will be able to determine your own income, it will come with more responsibility. Either way, this can be a rewarding and profitable career for the right person.