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Newark, New Jersey - Freight Brokers & Agents search results Premier Listings

Definitions for Beginning Freight Brokers and Agents

In these times of international economic uncertainty, Americans from all walks of life are searching for recession proof income. One industry that's relatively safe from hard times is trucking and shipping cargo across the nation and the world. No matter how hard times get, people always need the items that get moved in cargo ships and trucks. So it's not surprising the freight brokering and shipping business has absolutely taken off in the past few years. But while this at home business is relatively easy to start, it can be confusing. To help beginners, here are a few commonly used terms in the international and domestic freight brokerage industry.

  • BOC3 - The basic form that every broker who works on behalf of logistics or transportation companies must file with the federal government. This form designates the person who will be served papers in any legal matter.
  • Broker's Authority - A form that all freight brokers who operate in the United States must file with the Federal Motor Carriers Safety Administration (FMCSA) to establish themselves as a legal broker. This form is required whether the broker is working with global or domestic carriers.
  • Freight Broker - Describes an individual who is working under his or her own Broker Authority. That is to say, this is the person whose names appears on the OP-1 form with the FMSCA and bears legal responsibility.
  • Freight Broker Agent - A broker who works under another agent's Broker Authority. An agent does not incur the same legal responsibility as a broker.
  • Surety Bond - A form of insurance that freight brokers must carry to insure that covers any losses that may be incurred as a result of their actions. This may include the costs of lost loads.
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    Aggressive Logistics
    65 Devon St, North Arlington, NJ 07031
    Attn Shippers: Agent for Landstar with access to over 10, 000 trucks worldwide is your one stop shopping for all your freight needs!-call today for no-obligation free quote!
    (201) 997-7121
    Find Me Loads
    1500 86th Street, North Bergen, NJ 07047
    Contact us at (201) 713-5518 in North Bergen, NJ, for trucking administration services from a qualified freight broker.
    (201) 713-5518
    Freight Broker International, LLC.
    5101 Boulevard E #1, Guttenberg, NJ 07093
    Discover why our freight brokerage is the right choice for fast, efficient logistics services. Contact us in Guttenberg, NJ, for a quote on hauling.
    (862) 930-5726
    American Linehaul Corporation
    158 Paris St, Newark, NJ 07105
    (973) 589-3008
    Th Weiss Inc
    298 Union Ave Apt 32, Belleville, NJ 07109
    (973) 759-1143
    Contamar Shipping Corp
    27 Park Pl Rm 215, New York, NY 10007
    (212) 964-0408
    VIP Express & Shipping Supply Inc
    33 Howard St, New York, NY 10013
    (212) 966-1388
    Able Shipping LTD
    17 Battery Pl, New York, NY 10004
    (212) 344-6509
    Western Logistics
    2220 91st St, North Bergen, NJ 07047
    (201) 869-0205
    Venturas Ship Chartering Limit
    10 Broadway, New York, NY 10004
    (212) 363-3450
    Trugman-Nash Inc
    19 W 44th St, New York, NY 10036
    (212) 869-6910
    Moriah Corp
    520 8th Ave, New York, NY 10018
    (212) 465-9449
    Ibex International Forwarding Inc
    132 Nassau St Rm 320, New York, NY 10038
    (212) 233-4134
    Consolidated Carrier Corp
    141 W 35th St, New York, NY 10001
    (212) 695-3581
    Global Cargo Ex
    108 W 39th St, New York, NY 10018
    (212) 302-3888

    Freight brokers or logistics agents will work with transportation companies and their customers to determine the needs of the customer, finding a well matched carrier that will ship the cargo at a cheap rate. Freight brokers will find truckers who are licensed and insured to transport different loads of cargo from one location to another. Since many freight and logistics agents are contractors and work independently, they will work by commission. Therefore, they will strive to make both the customer and carrier happy. There are classes available to become a freight broker, however many in the industry gain the training and experience they need by working as a carrier. Most will start their career by delivering cargo for a transportation company while learning about all the ins and outs of transporting by air, sea, or land. In return, they can help customers find the best method and rates for shipping their containers. Truck companies can hire a freight forwarding broker to help their truckers get more business. To hire a local freight broker, customers can call several different agents to set up a consultation session. The agent will answer questions about how much they charge, and how long the process of finding a transportation company takes. If hired, they will then work with the customer to determine what their needs are and narrow down the many available companies to find the best. Truckers that want to get in the freight broker industry can start looking for clients in their spare time and gradually turn it into a full time job after the required licensing and insurance has been completed.
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