Freight broker courses are offered through certificate programs from the continuing education department of colleges and universities. Some institutions provide industry specific comprehensive training courses. Students are introduced to the daily tasks that freight brokers perform, such as calculating rates, billing for services and tracking loads. They may receive hands-on training, executing these services for clients.
Many freight broker programs are available online as certificate courses that do not necessitate college credit. Most programs include job placement and networking opportunities. Graduates seeking a career as a freight broker agent - or employee - do not require a license.
Important concepts covered in freight broker programs include:
- Federal Motor Carrier Safety Association (FMCSA) laws and requirements
- Small business management principles
- Business marketing
- Transportation industry overview
- Customer relations
- Small business software
List of Course Topics
Introduction to Freight Brokerage
An introductory freight brokerage class instructs students about the role of a broker in the freight industry. Topics include broker software, load tracking, rate calculation, negotiation, and billing. Students will learn how to deal with shippers, other brokers, and motor carriers. An overview of the paperwork and documentation involved in freight brokering is also covered.
Freight Broker and Agent Training
This course offers students opportunities to work personally with prospective clients, setting rates and scheduling loads. Students learn what is involved in setting up a freight brokerage business and obtaining a broker's license. Students will learn how to model the freight market and make business decisions accordingly.
Logistics Management and Distribution
Students taking a course in logistics management learn how to meet customer's shipping and distribution needs. This class covers everything freight brokers need to know to run a successful business, including material handling, customer service, inventory tracking, and product return. Other elements of freight management operations, such as obtaining a license and filling out the necessary paperwork for national and international shipments are covered too.
Carrier and Shipping
A class in carrier and shipping methods will provide students with an in-depth understanding of shipping techniques and delivering freight on time. Instructors use textbooks, exercises and lectures to familiarize students with these principles. Students focus on modeling freight rate dynamics and pricing options by becoming familiar with factors influencing freight costs, such as surcharges and company policies. Instructors address many of the issues relevant to freight rate volatility, as well as hedging and trading strategies used by freight brokers.
Maintaining the Freight Broker Business
This freight broker class addresses issues involving insurance and claims filed against the company that can negatively affect business. Students learn the importance of keeping an accurate accounting of insurance information and having that information backed up in case a delivery is late or if a claim is filed. Advanced business principles in human resources, auditing and billing are discussed in-depth.