Frequently Asked Question

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FAQ’s2022-08-11T18:15:47+00:00

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Definition of Broker2022-08-11T20:30:57+00:00

(a) Broker means a person who, for compensation, arranges, or offers to arrange, the transportation of property by an authorized motor carrier. Motor carriers, or persons who are employees or bona fide agents of carriers, are not brokers within the meaning of this section when they arrange or offer to arrange the transportation of shipments which they are authorized to transport and which they have accepted and legally bound themselves to transport.

(b) Bona fide agents are persons who are part of the normal organization of a motor carrier and perform duties under the carrier’s directions pursuant to a preexisting agreement which provides for a continuing relationship, precluding the exercise of discretion on the part of the agent in allocating traffic between the carrier and others.

(c) Brokerage or brokerage service is the arranging of transportation or the physical movement of a motor vehicle or of property. It can be performed on behalf of a motor carrier, consignor, or consignee.

(d) Non-brokerage service is all other service performed by a broker on behalf of a motor carrier, consignor, or consignee.

What is a freight broker license?2022-08-11T19:09:20+00:00

A word on MAP 21 This new law, allows only qualified Licensed Property Brokers to broker freight. Trucking companies, Forwarders, NVOCC and others specified in the law can never broker freight, unless they apply and qualify for a Broker License from the FMCSA. Then they must operate their brokerage separate and distinctly differently than their Motor Carrier Authority. Only their brokerage can broker freight, all trucking companies are barred from brokering period.

This means, as a trucking company, you can only give freight you are in possession of, to another carrier, only if that carrier is long term leased, as this is not brokering. All types of truck brokering are outlawed.

As a student of loadtraining you will learn about Map 21 and how YOU can get a freight broker license

How to become a freight broker.2022-08-11T18:19:30+00:00
  1. MARKET RESEARCH
  2. SALES of Brokering
  3. QUOTE & Freight Rate Development
  4. ORDER PROCESS
  5. OPERATIONS & Truck Finding Process
  6. CONTRACT PROCESS
  7. NEGOTIATIONS at all levels
  8. CLAIMS & Law of Bills of Lading
  9. BOOKKEEPING

See our Broker & Dispatch Training curriculum

What is the cost of freight broker training?2022-08-11T18:04:32+00:00

Loadtraining Offers 4 Different Price Points

  • 3 Day Private Hands on Training = $4,999
  • 5 Day Class Room Group Hands on Training = $1,999
  • Home School Training Program = $799
  • Online Training Program = $599

 

Do you want to start as an agent?2021-08-19T17:03:53+00:00

If you want to start up as an agent, Truckalocity MC was created for the purpose. Truckalocity is a non-predatory brokerage that has no shipper clients, only agents. If you are starting your trucking company and your concentration is spent developing the geographic dumbbell, and going from wholesale broker loads to retail shipper direct loads, beginning as an agent makes sense.

What is hands-on freight broker training?2021-08-19T17:00:01+00:00

In a hands-on class, you will be involved in business plan creation, freight rate development, contracting and rate confirmations, freight loadings, Power Point® lecture by experts on establishing your trucking and brokering operations, slides that illustrate concepts and best practices, and a final review to achieve the Master Broker® certification. Best brokering practices are illustrated for those who want to separate their brokering from their trucking efforts, as required by law. And much more.

Do you offer a freight broker training class online?2021-08-19T16:21:00+00:00

Freight broker training online classes are offered by LoadtrainingOnline.com a self-study way to learn truck brokering from home. We also offer a sample and first lesson of our class by filling out the form on the “FREE Broker Info Kit“. You will have instant access to a sample video lesson & 6 FREE books.

Where can I find a freight broker training school near me?2021-08-25T20:47:46+00:00

Our 5 Day freight broker training classes are held in various locations around the country

  • Phoenix AZ.
  • Atlanta GA.
  • Chicago IL.
  • Dallas TX.
  • Houston TX.
  • Phillidephia PA.

View our schedule to see upcoming locations and dates.

 

Freight Broker vs. Freight Dispatcher can I do both?2018-10-11T19:12:28+00:00

Freight brokers work with both shippers and carriers but do not represent either one.

Dispatcher represent only the carrier when negotiating freight.

A dispatcher may not deal directly with shippers on their own behalf. They must act as the representative of the trucking company or owner operator. If you deal directly with the shipper and sell those loads to outside carriers or owner operators, then you will need broker authority. Which we will teach you how to get with our 5 day classes. Sign-Up for our FREE kit to find out more information.

I am a load finder can I still be an agent?2021-08-19T16:32:54+00:00

I am a load finder for my relative’s trucks, can I still be a load finder and be an Agent at the same time? Yes, Trucklocity.com does not want to have anything to do with your load finding business, or your trucking operations. However, Truckalocity Agency perfectly fits into your transportation business models as a separate profit center… Remember, Truckalocity provides a Bond and License for you brokerage.

I have a trucking company, can I open a Truckalocity Agency?2021-08-19T16:38:29+00:00

I have a trucking company, can I open a Truckalocity agency to compliment my trucking company activity? Yes, most of our agents have trucking operation, and/or a load finding operation, and want to add licensed and bonded property brokerage to their public shipper offerings.

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