Get Freight Broker Training in Vermont
Are you considering a career in exporting and think working as a freight broker might be a good fit? If you are and would like to learn more about what freight brokers do and how to become one, this page has the information you need.
Freight brokers are responsible for connecting shippers with transportation companies and managing the shipments. This includes handling contracting, scheduling all aspects of the shipments, ensuring goods are loaded in the proper order, handling permits and customs forms, and making sure the loads are properly insured. Fortunately, all of this responsibility comes with the possibility for a lucrative business and even the potential to work from home.
Licensing for Vermont Freight Brokers
There is no state licensing board for freight brokers in Vermont; however, federal licensing must be sought prior to providing services. Freight brokers in Vermont will need a Motor Carrier (MC) number to conduct intrastate shipping and a USDOT number for interstate shipping. Both numbers can be applied for simultaneously through the Federal Motor Carrier Safety Administration (FMCSA) for a fee of $300. Applicants will need to have a high school diploma or equivalent, the ability to pass a background check, and a business name and structure of agents. Once your application is submitted, it will take four to eight weeks to receive approval.
Available Training for Freight Brokers in Vermont
Training for freight brokers can be completed either on the job or through a reputable training program. Since the job of a freight broker involves in-depth knowledge of business ownership and the export industry, it’s important to search for a program with a good curriculum. This should include the basics of business management, accounting and marketing as well as the ins-and-outs of being a freight broker. In order to be successful as a freight broker, you will need to know about the different types of vehicles and how to choose the appropriate one for specific types of loads, the laws and regulations of intrastate and interstate travel and how to remain in compliance with them, as well as how to protect your business and the goods being shipped with the appropriate amount of insurance.
One such program can be taken through Ed2go. The program promises to prepare students to work as a freight broker and own and operate a business. Networking opportunities are available to graduates through online meet-ups, allowing graduates to match with hiring agents and mentors. By working in partnership with various educational institutions in the country, this training is accessible to those living in Vermont. Locations include
- Champlain Valley BOCES
- St. Johnsbury Academy Adult Education
- SUNY Adirondack
Just insert your zip code to find freight broker/agent training near you.
Upon graduation, it’s wise to seek additional certifications in order to jumpstart your career. For potential clients, credentialing is a great way to showcase your professionalism and instill a sense of trust. The Transportation Intermediaries Association (TIA) offers a Certified Transportation Broker (CTB) designation, which can be earned by passing an examination.
Salary Expectations for Freight Brokers in Vermont
The average salary for freight brokers in Vermont in 2018 was $38,040, according to data collected by the Bureau of Labor Statistics (BLS), which is below the national average of $46,070. However, it’s important to note that salary data reflected by the BLS does not include commissions, which could boost this number dramatically. Business owners with multiple agents may also have the potential to bring in significantly more money.
Outlook for Vermont Freight Brokers
Vermont exported $2.9 billion worth of goods in 2018, a decrease of 21 percent from its 2008 level. However, the state is listed by the BLS as being among those with the highest concentrated number of employees in the profession for nonmetropolitan areas. All in all, freight brokers will need to assess the possibilities in the places where they would like to start a business. Generally, areas with higher concentrations of manufacturers will be more lucrative for those in the export business.
You can also find freight broker training in New York, New Hampshire and Massachusetts.