A freight broker is a person who is assigned to act as a liaison between the shipper and the trucking company.
The broker maintains a network of carriers that can carry out tasks and provide smooth transitions of cargo from one entity to another.
This career is in high demand and provides a reliable income and flexibility for those who undergo the proper instruction and training.
Article Table of Contents
- 1 Freight Broker Duties in Mississippi
- 2 Licensing Requirements to Become a Freight Broker in Mississippi
- 3 Freight Broker Programs in Mississippi
- 4 Salary
- 5 Summary
- 6 Sources
- 7 Frequently Asked Questions
Freight Broker Duties in Mississippi
Those individuals working as freight brokers in the state of Mississippi manage shipments for clients.
The tasks involved include tracking shipments to finding the best prices for services.
Additionally, the freight broker is responsible for the spread or cost of services between the client and the hauling company.
One of the biggest perks of this job is that the broker can keep the remainder of the spread.
This is an incentive to find the most affordable and reliable services for money.
If they provide great services, they have repeat business and get to increase their overall profits.
Licensing Requirements to Become a Freight Broker in Mississippi
In order to become a freight broker in the state of Mississippi, you must first establish a business structure.
You can choose from options such as an S corporation or an LLC.
Next, you will need to get a motor carrier and broker authority form.
This is also known as an OP-1 Form.
Then you need to obtain a surety bond to proceed through the final steps of becoming a licensed freight broker.
The final steps include selecting a process agent and registering the brokerage.
However it is important to remember that you need the insight and knowledge to adequately perform the job, so training before licensing is essential.
You can get started by selecting a program that offers freight broker training in the state of Mississippi.
Freight Broker Programs in Mississippi
There are a couple of options for getting the training you need to become a licensed freight broker in the state of Mississippi.
Consider the following options and choose the one that best fits your needs:
Mississippi Gulf Coast Community College
10298 Express Dr. Gulfport, MS 39503
Mississippi State University Extension Center for Continuing Education
365 Barr Avenue Mississippi, MS 39572
The Mississippi State University option is an online program that allows students some flexibility and freedom to complete the training from anywhere in the state and go at their own pace.
The MGCCC option is in-person and provides hands-on instruction and guidance for those who learn better in a classroom environment.
On average, a freight broker agent in the state of Mississippi earns anywhere from $33,000 to $35,000 per year.
This can depend on the years spent actively working in the field.
The pay rate also depends on one’s education and skillsets.
The best way to maximize a salary in this field is to obtain the education and skills to ensure you can do a thorough job each and every time.
You also need to put in a few years of satisfactory work to reach the upper end of the pay scale.Annual Salary Range:
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If you plan to become a licensed freight broker in the state of Mississippi, you will need to meet certain requirements such as having a high school diploma or GED and completing the steps to apply for a surety bond and register as a business through the state.
You must also adhere to FMCSA guidelines to maintain your position.
In order to have the best chance of excelling in this challenging career, you need to obtain the proper training and skills by enrolling in a training program in the state of Mississippi.
There are both online and in-person options to fit your schedule and location.
Contact them to find out more details about what they have to offer and the specifics of the training course.
Keep in mind that each course has its own costs and may vary greatly depending on the school and length of the program.
This proves to be a lucrative field to operate in with the proper training and license.
There is always demand for a top freight broker in most states, so now is the time to sign up for classes.
Frequently Asked Questions
Do you need a high school diploma to become a licensed freight broker?
Yes, you need to have a high school diploma or a GED to acquire your Broker Authority License.
What regulations do you need to follow if you are a licensed freight broker in Mississippi?
You need to follow the regulations of the Federal Motor Carrier Safety Administration to maintain your positions.
How much is the surety bond required to be a freight broker in Mississippi?
You must carry a $75,000 surety bond constantly while operating a business or working as a freight operator in the state of Mississippi.
Read the full guide: How to Become a Freight Broker