Brokering

Discussion in 'Freight Broker Forum' started by Mary Ann, Feb 21, 2019.

  1. Broke_and_Hungry

    Broke_and_Hungry Light Load Member

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    Feb 26, 2008
    Michigan
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    Mary Ann Thanks this.
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  3. wichris

    wichris Road Train Member

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    Minimum is 60/40. Volume and margin moves it higher.
     
  4. Ronman105

    Ronman105 Light Load Member

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    Las Vegas, Nevada
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    I really know nothing about brokering but am curious as to how much a broker averages from each load? I know there's 10 million variables but what is a target percentage they shoot for? 10, 20, 30% of what a shipper pays to move freight?
     
  5. Midwest Trucker

    Midwest Trucker Road Train Member

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    I’d say it ranges from a loss to 30% profit with 10% being the median average. I’m sure some do upwards of 15% and some as low as 5% though.
     
  6. Bigrayon

    Bigrayon Road Train Member

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    If you have your own loads that you can get, great wide would be a good place to look at, I am lease on to them, I don’t know if they will let you become on agent day one, but you may be able to be a sub agent until you can bond your self, if you have volume they have trucks, all in house trucks so you don’t have to go out side on look for a truck to run the load, you place the loads on there load broad that only there trucks and other agents yes other agents will see your loads, but the truck driver will call you and book the load, know as far as split I don’t know
     
  7. Thouren

    Thouren Bobtail Member

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    Last I checked industry average is 15%.
     
  8. Thouren

    Thouren Bobtail Member

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    Detroit, MI
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    Would absolutely love a 60/40 split. I'm at 75/25 over here!
     
  9. wichris

    wichris Road Train Member

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    Please tell me that is sarcasm, not a 75 house/25 agent.
     
  10. NHS

    NHS Light Load Member

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    Hopefully he’s talking from and employee perspective and that is his commission structure or something. I can’t imagine any agent being offered or working for less than a 60/40 split.
     
  11. wichris

    wichris Road Train Member

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    For a split like that I hope his only job is selling to carriers that call on any loads they have and there is no expectation to find customers.
     
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