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The Pros and Cons of Starting a Freight Brokerage Company

Before entering any industry, gathering as much information as possible is vital. Of course, fact-finding alone isn’t enough. In a highly competitive industry such as freight transportation, stacking up the potential benefits against the likely drawbacks is a key way to determine whether the rewards are worth the risk.

When it comes to opening up a freight brokerage, there are some really powerful pros and cons to consider.

Does Your Freight Brokerage Do These Three Things?

 

Whether you work for a freight brokerage or operate your own, it’s important to now and again take stock of what’s working and what’s not. There are some key questions to ask yourself about the industry and your brokerage.

Most of these questions are about common freight broker frustrations such as tedious, tiresome administrative tasks that take time away from actual sales activities. For brokerage owners, it’s important to think about the status of ongoing operating costs and risks. For agents, it’s worth asking, “Am I being supported by my company? Am I being enabled to thrive?”

If you’re being honest about your future in the shipping industry, think about whether your freight brokerage does these three things:

How to Expand Your Customer Relationships as a Freight Agent

For a freight agent, having loyal, high-volume shipping customers is a must. But securing MANY of these reliable customers really is a key indicator of long-term success and low stress.

A lot of agents are good at maintaining strong relationships with existing customers, but how about finding new ones? With the combination of diligence, talent, and skill, you can forge new bonds on a regular basis. Here are several tips for how to expand your customer relationships as a freight agent:

3 Benefits of Working with a Freight Broker That Offers Cutting-Edge Technology

When choosing a freight broker to work with, access to technology might not be the first factor that comes to mind. Your questions likely center on issues such as credit, industry compliance, insurance, reputation, and communication skills.

Here’s the irony: Each of these issues for freight brokers can be better managed and made easier through technology. When used intelligently, cutting-edge freight broker technology frees up agents to do their work with more efficiency and passion than ever before.

How to Find a Brokerage that Will Help Serve the Needs of Your Clients

In a highly competitive industry such as freight, independent freight agents are always looking for an edge. In particular, they want to find a brokerage that can help them serve the needs of their clients, or shippers.

There aren’t any magic pills that solve the challenges that agents face, but there certainly are small but powerful tools and support that can make a big difference.

5 Exciting Benefits of Becoming an Independent Freight Agent

The freight industry can be rewarding in a variety of ways, but also very challenging. Salespeople, operations personnel, agents and brokerage owners can make a great living, but lack of time, resources and support sometimes often stand in the way of growth.

Many freight industry professionals are transitioning into a role with fewer challenges and ample potential: independent freight agent. Here are five exciting benefits of becoming an independent freight agent.

Freight Tec Doesn’t Have an Internal Brokerage — Find Out What That Means for You

You spend the majority of your waking hours at work, so it stands to reason that a little peace of mind in the workplace goes a long way. There’s almost nothing worse than feeling worried at work all day every day.

Yet, that’s how many freight agent feel, especially if they work for a brokerage that has an in-house sales team or an internal brokerage. Fighting constant high-pressure sales battles against people who are SUPPOSED to be on your side isn’t helping YOU.

As an Agency Owner, Why Would I Want to Transition to Freight Tec?

For many, owning a business is the end goal. It’s means you’ve “made it.” It’s a sign of independence and a bright future. However, for those who own a freight broker agency, challenges often are just as plentiful as benefits.

Life as a freight agency owner usually entails incredibly long days, rampant uncertainty and a huge list of tasks to complete — each and every day.

The challenges are vast, but with Freight Tec, so are the opportunities. Here are some of the reasons why Freight Tec is an excellent transition brokerage for freight agency owners: