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Ever imagined yourself being a freight broker? Aside from being your passion, have you ever thought about how much they earn as an average salary at entry level, in different states, and in other categories?
Guess your answer to the above question is ‘yes’ We all need our passion to fuel our needs. And yeah, we want a job that pays great, too.
In this context, consider this career path a go-go because they (freight brokers) earn quite a lot. So, you can think of kick-starting in this field already.
However, you will be amazed to discover that the salaries of these brokers are determined by several factors; factors such as location and experience.
If you are reading this, it means you can’t get over your curiosity to know how much a freight broker receives as a salary in the US in 2022. You are in luck; dive in.
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Freight Broker: What Does it Mean?
Also known as a freight delivery broker, a freight broker acts as a middleman who connects shippers and carriers.
This broker enables contact between the shipper and the carrier rather than assuming custody of the freight.
These brokers are responsible for matching or linking freight carriers with customers, booking orders, and lots more.
What Does a Freight Broker Do?
Do you still wonder why shippers love to engage freight brokers? Well, the answer is not far-fetched.
It is based on their massive role in ensuring smooth shipment passage between the shipper and the carrier.
The responsibilities of freight brokers are vast in the shipping process. Freight brokers create a sales pipeline, generate leads, and entice new prospects.
They choose and identify reliable and safe freight carriers. In addition, they deliver shipping quotes to consumers and place orders with carriers.
What is the Average Salary of a Freight Broker?
The average salary of a freight broker in the United States is $65,126 annually. Yeah, that’s the average freight brokers get to make annually in the US.
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Factors Affecting the Salary of a Freight Broker in the USA
Like most fields, certain factors determine how much a freight broker makes at the end of a period.
These factors are why two freight brokers can walk home with different salaries.
The following are factors that affect the salary of a freight broker:
Location
The location where a freight broker works affects his salary. Over time, we have realized that employees in different states or areas earn according to the specified amount in that area.
Therefore, don’t expect a freight broker in California to receive the same salaries as those with jobs in Las Vegas, Nevada.
Simply put, a freight broker in a metropolitan area will earn differently than in a suburb.
Experience
A broker’s experience will go a long way in defining how much he gets to go home with at the end of the day.
In other words, a freight broker acquires knowledge over the years, which can influence how many figures will be in his paycheck.
Work experience for this broker is mainly reflected in the following categories:
- Entry level
- Senior Level
That said, it means that the salary of an entry-level freight broker is less than that of a senior-level freight broker.
Skills
Being a successful freight broker requires specific skills. These skills can set you apart from other brokers and keep you afloat in the competition.
The essential skills for freight brokers are the ability to create contact and to offer effective services.
A crucial characteristic distinguishing a high-earning freight broker from a low-earning freight broker is the number of contacts in their database.
Also important, their ability to provide reliable shipping solutions at reasonable pricing gives them an excellent opportunity to build long-term business relationships with their customers.
How Much Does a Freight Broker Make in the US?
Before divulging how much a freight broker earns in the US, you must realize that they earn according to different categories.
These categories give an easy breakdown of the salary of a freight broker in the United States These categories are:
- Hourly
- Weekly
- Monthly
- Yearly
In summary, these brokers earn hourly, weekly, monthly, and yearly.
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How Much Does a Freight Broker Make in a Year?
According to indeed, a freight broker makes an average salary of $79,726 annually in the United States. You can accrue this average wage in a year working as a freight broker.
Monthly Salary of a Freight Broker
Curious about the monthly payment of this broker? Well, the monthly salary of this broker in the US is $4,611.
So this is how much you make every month as a freight broker.
How Much Does a Freight Broker Make Weekly?
Every week, freight brokers make an average salary of $1,192.
How Much Does a Freight Broker Make Per Hour?
People are always on the lookout for this crucial part of an employee’s salary. The average hourly salary of a freight broker is $27.98.
Salary of a Freight Broker Based on Location in the US
The table below holds the answers you seek – salaries of a freight broker based on location in the United States.
| State | Average Annual Salary |
| Alabama | $51,330 |
| Alaska | $39,620 |
| Arizona | $43,420 |
| Arkansas | $71,220 |
| California | $45,830 |
| Colorado | $47,350 |
| Connecticut | $57,577 |
| Delaware | $42,790 |
| Florida | $62,515 |
| Georgia | $63,896 |
| Hawaii | $39,920 |
| Idaho | $49,710 |
| Illinois | $66,448 |
| Indiana | $43,210 |
| Iowa | $60,744 |
| Kansas | $75,686 |
| Kentucky | $42,390 |
| Louisiana | $42,950 |
| Maine | $49,190 |
| Maryland | $42,820 |
| Massachusetts | $44,840 |
| Michigan | $45,460 |
| Minnesota | $50,120 |
| Mississippi | $43,340 |
| Missouri | $47,000 |
| Montana | $46,230 |
| Nebraska | $52,610 |
| Nevada | $41,400 |
| New Hampshire | $50,220 |
| New Jersey | $56,470 |
| New Mexico | $49,740 |
| New York | $45,310 |
| North Carolina | $45,060 |
| North Dakota | $41,100 |
| Ohio | $62,268 |
| Oklahoma | $46,040 |
| Oregon | $53,400 |
| Pennsylvania | $46,150 |
| Rhode Island | $47,170 |
| South Carolina | $44,170 |
| South Dakota | $52,230 |
| Tennessee | $43,530 |
| Texas | $61,921 |
| Utah | $65,250 |
| Vermont | $38,040 |
| Virginia | $48,660 |
| Washington | $54,600 |
| West Virginia | $37,750 |
| Wisconsin | $39,710 |
| Wyoming | $44,340 |
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Freight Broker Salary Florida
As a freight broker meaning to move to Florida or an intending one, it is not out of place to be inquisitive about the salaries you stand to earn working there.
The average salary of a freight broker in Florida is $62,623 annually. In addition, you earn $26.90 by the hour, $1,146 weekly, and a monthly salary of $4,434.
Freight Broker Salary California
As a freight broker, you can walk home with a monthly salary of $4,992 in California. You must be wondering how much you can earn hourly, weekly, and, most importantly, yearly.
Take a chill pill; you don’t have to wait for long. Working in California as a freight broker will give you an earning power of $30.29 hourly and $1,290 weekly.
At the end of the year, you’ll earn an average salary of $70,502.
Freight Broker Salary in Georgia
In Georgia, you can earn as much as $1,171 weekly. You can equally receive the sum of $27.50 hourly, $4,533 monthly, and $64,022 yearly as salary.
Remember, your salary can increase with commissions.
Freight Broker Salary Texas
As a freight broker in Texas, you can get as much as $65,057 as a salary annually.
Additionally, you will earn $27.95 hourly and $1,190 every week and monthly.
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What are the Highest-Paying States in the United States for Freight BrokerJobs?
From the table above, the following are the highest-paying states in the United States for freight brokers:
| State | Annual Average Salary |
| Kansas | $75,686 |
| Arkansas | $71,220 |
| Illinois | $66,448 |
| Utah | $65,250 |
| Georgia | $63,896 |
What are the Top Ten Cities With the Highest Salary for a Freight Broker Jobs?
You might also be keen on knowing the top ten cities with the highest salaries of freight brokers. The following are the top ten cities with the highest salary for freight brokers:
| Location | Annual Salary (average) | Monthly Salary (average) |
|---|---|---|
| Little Rock, AR | $88,367 | $7,363 |
| Wichita, KS | $87,654 | $7,304 |
| Las Vegas, NV | $69,468 | $5,789 |
| Tampa, FL | $68,185 | $5,682 |
| Chicago, IL | $62,060 | $5,172 |
| Cincinnati, OH | $58,448 | $4,871 |
| Santa Clara, CA | $54,192 | $4516 |
| Houston, TX | $56,710 | $4,725 |
| Indianapolis, IN | $56,257 | $4,688 |
| Nashville, TN | $48,779 | $4,065 |
Salary for a Freight Broker in the US Based on Level
As earlier stated, freight brokers earn according to their levels, which are entry-level and senior level.
In order words, there is a salary differentiation between employees with the same job position but occupying different levels.
Conclusively, senior-level freight brokers receive higher salaries than those in entry-level positions.
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How Much Do Freight Brokers Make Based on Entry Level?
According to jobted.com, freight broker salaries for entry-level positions range from $38,400 to $46,370.
However, the average salary for entry-level freight brokers is $38,400.
Freight Brokers Salary Based at the Senior Level?
A senior level freight broker earns an average salary of $52,720. In addition, it can go as high as $55,750.
Remember, this salary can increase when you factor in bonuses and compensation.
Salaries of Freight Brokers in the Top Industries in the US
The salary of freight brokers in the United States also differs in top industries. You will discover that the salary range in one company is different from others.
Schneider Freight Broker Salary
According to glassdoor, freight brokers earn $40,792, ranging from $38,960 to $44,502.
The salary of this broker can also go as high as $46,793.
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Crowley Freight Broker Salary
The salary of Crowley freight brokers ranges from $48,514-$52,584, according to glassdoor.
If you have been wondering how much Crowley freight brokers earn, now you know.
Are There Other Benefits of Being a Freight Broker Other Than the Salary?
Absolutely, yes! There are other benefits aside from the salaries of a freight broker. The following are other benefits of being a freight broker.
Flexibility
Freight brokers are usually not compensated according to their time. Instead, they get paid according to how much they can generate for the company.
Hence, you have more control over your time. In other words, you can take some time off if the need arises.
No restriction
You can work as a freight broker from any part of the country or globe, as the case may be.
In other words, you have limitless opportunities to run your business operations.
Qualification
You will be amazed that you don’t require formal training to become a freight broker. Simply put, you don’t need a degree to pursue a career in this field.
A high school diploma can get you this job with ease.
WFH (Work from home)
Another advantage you have as a freight broker is that you can work from home. All you need to make this happen are your gadgets (phone and PC).
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What are the Freight Broker Job Prospects?
The job prospects for freight brokers look positive. As a result of the increase in the logistics sector, statistics predict a 9% continuous growth yearly until 2024.
With the constant need for shippers to use trucks in delivering consignment, this field will continue to experience growth.
Conclusion
Now you know how much you can earn as a freight broker at entry and senior level positions.
Hence, it is totally up to you to decide if you want to make a career out of it or not as relating to the salary.
We hope this article satisfied your curiosity. Reach us through the comment section for feedback or @ makedailyprofit.com.
Frequently Asked Questions on Freight Broker Salary
Are Freight Brokers in Demand?
Yes! Freight brokers are in demand. In addition, pursuing a career also gives you job security and a modest income.
Is it Hard to Be a Freight Agent?
Becoming a freight broker can be difficult. Hence, you have to be mentally prepared for the hassle that comes with it.
Is Becoming a Freight Broker Worth it?
Absolutely! Becoming a freight broker is lucrative. You can earn as much as 7 figures with hard work and diligence.
Do Freight Brokers Own Trucks?
A freight broker can own trucks. However, he has to seek a brokerage license as a secondary source of income.
In addition, he has to ensure that the cargo is not double-brokered.
What Do You Do as a Freight Broker?
As a freight broker, you can aid in reducing costs, moving the freight faster, and eliminating traffic management.
What is Double Brokering?
Double-brokering is a dangerous activity in which a shipper gives their load to a broker with the expectation that it would be passed on to their carrier.
FAQs
Are freight brokers in demand?
Yes! Freight brokers are in demand. In addition, pursuing a career also gives you job security and a modest income.
Is it hard to be a freight agent?
Becoming a freight broker can be difficult. Hence, you have to be mentally prepared for the hassle that comes with it.
Is becoming a freight broker worth it?
Absolutely! Becoming a freight broker is lucrative. You can earn as much as 7 figures with hard work and diligence.
Do freight brokers own trucks?
A freight broker can own trucks. However, he has to seek a brokerage license as a secondary source of income.
In addition, he has to ensure that the cargo is not double-brokered.
What do you do as a freight broker?
As a freight broker, you can aid in reducing costs, moving the freight faster, and eliminating traffic management.
What is double brokering?
Double-brokering is a dangerous activity in which a shipper gives their load to a broker with the expectation that it would be passed on to their carrier.
References
- indeed.com – How Much Does a Freight Broker Make?
- freightbrokertraininghq.com – How Much Does A Freight Broker Make?
- eagexpress.com – Benefits to Being a Freight Broker Agent
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