Being a freight broker as a side job

Discussion in 'Experienced Truckers' Advice' started by Sok, Jun 29, 2008.

  1. Sok

    Sok Bobtail Member

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    Every once in a while I help out with receiving at the warehouse when the runs aren't available, so I occasionally hear disgruntled owner operators, which is usually over the $300 lumper fee these guys in red t-shirts charge. For some reason they don't allow us company workers to be lumpers anymore.

    This leads me to wonder why there aren't drivers/warehousemen who are also freight brokers? If you worked as a freight broker, wouldn't you then get better contacts down the road as an owner operator? Can I myself be a part time freight broker making contacts for the grocery warehouse I work for? If so, then how would I mark the "office hours" into my log book?

    I wouldn't be in it entirely for the money, I just want an insider look in the freight industry. If I can make a 150-200 a week I'm content. Would I need to take a few courses in logistics at the local tech college?
     
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  3. Working Class Patriot

    Working Class Patriot Road Train Member

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    Some of the brokers I deal with run it out of the house.
    You can hear dogs barking and crying kids in the background.
     
    Last edited: Jun 29, 2008
  4. Truckerjo

    Truckerjo Road Train Member

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    To be successful at it takes alot of time and devotion.
     
  5. Joe Dirt

    Joe Dirt Light Load Member

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    And money- you'll be paying trucks for loads in 30 days if you want a reputation- and your shipper won't pay you for 45-90 or more. And yes- time and devotion- basically online all the time if you really want to perform.
     
  6. Sok

    Sok Bobtail Member

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    So then you would need to take out a loan for about 150,000 to get it started? Seems to be out of my league. I thought having 15,000 on hand would be enough. I don't know how ordinary people can be brokers if they have to pay the carrier without receiving payment from the shipper for 40-90 days, all of which for a measly 7-10 percent. You'd be better off just putting the money into a CD if you had 150,000 laying around.
     
  7. Truckerjo

    Truckerjo Road Train Member

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    Because most don't start out as brokers but as agents....... The 2 commonly get mixed together (because they do the same thing) but one does not put up money to pay drivers....
     
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