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.

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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

The freight brokerage industry in Nevada, as part of the broader freight transportation sector, is showing positive trends in terms of salaries and job growth. According to the latest data, the salary figures for cargo and freight agents have been updated from previous years.

As of 2022, cargo and freight agents in the United States earn an average salary of $46,860 per year. In Nevada, these professionals earn an average salary of $37,310 annually, which is lower than the national average. The top 10 percent of earners in Nevada make more than $69,840 per year.

National vs. Nevada Salaries:

Percentile United States Salary Nevada Salary
10% $32,720 $34,940
25% $38,400 $35,610
Median (50%) $46,860 $37,310
75% $58,710 $47,540
90% $70,280 $69,840

Salaries by Region in Nevada:

Location 10% 25% Median (50%) 75% 90%
Las Vegas-Henderson-Paradise, NV $34,060 $35,610 $35,610 $45,970 $67,390
Reno, NV $34,940 $37,270 $43,840 $67,630 $71,150

Freight Broker Trends in Nevada

The employment trends for Cargo and Freight Agents in Nevada (43-5011.00) demonstrate a notable growth pattern for the decade from 2020 to 2030. In 2020, Nevada had 960 employees working in this occupation. This number is projected to increase to 1,090 employees by 2030, representing a growth rate of 14%. Additionally, there are expected to be around 110 job openings annually over this period, which includes openings due to both growth and replacement. This trend suggests a healthy job market for cargo and freight agents in Nevada, exceeding the national average growth rate.

In comparison, the national trend for the same period shows a growth rate of 10%, which is considered much faster than average. In 2022, there were 95,900 employees in this occupation across the United States, with projections indicating an increase to 105,200 employees by 2032. Nationally, there are expected to be about 11,000 job openings annually over this period.

Employment Trends

Location Employment (2020) Projected Employment (2030) Projected Growth (2020-2030) Projected Annual Job Openings (2020-2030)
Nevada 960 employees 1,090 employees 14% 110
United States 95,900 employees (2022) 105,200 employees (2032) 10% (Much faster than average) 11,000

Sources of Data:

Nevada Data: The employment figures and projections for Nevada are sourced from Projections Central, specifically their 2020-2030 long-term projections. Projections Central is known for providing detailed and state-specific employment projections, offering valuable insights into various occupational trends.

United States Data: The national employment figures and projections are obtained from the Bureau of Labor Statistics (BLS), specifically their 2022-2032 employment projections.

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.