Becoming a Freight Broker in Idaho – Get Your License
Freight brokering involves a lot of communication, networking, and negotiation. As a freight broker, you will have to figure out the right transport company or carrier to move freights from one end to another successfully.
Because freight brokering is not a business for just anyone, you must possess some unique qualities to become successful. Your communication skill must be above the bar, and you must be a problem solver as well. The ability to think efficiently on your feet will make you succeed in this fast-paced industry.
What are the characteristics You Should Possess as a Freight Broker?
Due to the high demand for freight brokers by shippers and manufacturers, many people are into this line of business. However, to be unique and stand out from the many freight brokers, you must possess some skills. Here are several qualities a good freight broker must have:
- An impeccable degree of professionalism
- A considerable level of honesty
- Excellent knowledge of the trucking industry
- Good organizational skill
- Efficient use of the Internet
- Excellent computer skill
- Eagerness to please clients
Requirements and Licensing for Becoming a Freight Broker in Idaho
Idaho state itself has no special requirement for freight brokers. But theFederal Motor Carrier Safety Authority (FMCSA)regulates the industry, so you must meet its requirement before you can start.
To become a freight broker in Idaho, you must either be a high school graduate or possess a GED.
Some other steps you must take to work as a freight broker In Idaho include:
- Register your company as a business
- Obtain a U.S Department of Transportation Number and submit it to the FMCSA
- Show that you have at least $75,000 in insurance in either a surety bond or trust fund.
- Wait for a period of four to six weeks to complete the process.
While you won’t need certifications or licensure to work as a freight broker, earning a credential will help distinguish you from other competitors.
TheCertified Transportation Brokersexam administered by theTransportation Intermediaries Associationis a certification you should look to acquire.
Where to Get Relevant Education in Idaho
Formal education is not required for you to work as a freight broker. However, the knowledge and training will help you go further in your career.
The majority of freight brokering programs are offered online. The most reputable of them is the program provided by Brooke Transport Training Solutions.
You will be exposed to six months of online training at your own pace and convenience. Schools in Idaho that offer this program include:
- Boise State University, Boise
- Lewis-Clark State College
- College of Eastern Idaho, Idaho Falls
- College of Western Idaho
Career Outlook and Salary of Freight Brokers
Idaho had about 90 freight brokers employed in 2016, and by 2026 this number is projected to rise to 110. Thus, the number is expected to increase by 12.9 percent during these ten years.
On average, freight brokers employed in Idaho earn about $23.43 per hour and $48,730 per year. The range of your salary is dependent mainly on your location and level of experience. Top earners in Idaho earn about $70,000 in a year.
Freight Broker Opportunities in Idaho
As a freight broker in Idaho, you may either begin your business on your own or join an existing company. Choosing an existing company will be a good idea for you since you are just starting. With this, you can gain on-the-job experience and be fully equipped to start your own company eventually.
It is also essential to be mindful of your location. Look for employment in populated cities such as Boise, Meridian and Nampa. At places like this, you will be able to develop your freight brokering career in no time.