How to Find Freight as a Freight Broker Agent?

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 Is it hard for you in finding freight to haul? Most of the shippers make their way to brokers when the freight demand somehow far outstrips the carrier capacity. Shippers who are using the broker can yet access the increased capacity without any complexity in managing the new carrier relationships.

No doubt that quality broker is known to be the versatile component in the arsenal of freight service vendors. When it comes to choosing the freight as freight agent broker, a few tips are kept in mind which we are about to discuss below with you.

Look for the licensed broker

You have to make sure that the broker you are about to choose is the licensed one. Federal law thus requires with anyone arranging the transportation for the compensation to have federal property broker license which is issued by Federal Motor Carrier Safety Administration (FMCSA). Broker should be licensed one and they should belong to proper authority.

Search for the multiple modes

Search for various modes Most of the brokers are providing the service of truckload motor carrier as well. Some might even cater you with some additional services including air freight, rail intermodal or warehousing, flatbeds, reefers, logistics management services and so on.

Brokers having multiple options of modal can often backup the shortages in just one mode with the capacity in another! They are also providing with some more options from the single source.

Investigate about the broker’s process of carrier selection

Plus, there is also a need to investigate related with the process of freight agent carrier selection. You should not be trusting the freight to just any of the carrier and neither on your broker. Before you load the carriers, all the brokers should be at the bare minimum be verifying the safety rating, operating authority, and the insurance coverage. Thus, a written contract happening between the carrier and the broker plays an important role.

Examining process of broker’s trucking selection

It is also important to be careful about examining the process of broker’s trucking selection. Look for the broker who is using electronic posting services. Giant motor carriers or the dedicated fleets are known to be excellent resources for the trucks. But they are a bit selective when it comes to the type of brokers they are working with.

Running a credit check

It is important for the freight brokers that they should be somehow financially solvent and they should be capable of paying their all carriers. In addition, see how you are promptly paying the vendors. Keep yourself away from the brokers having certain financial issues.

See if the broker carriers with suitable insurance

Last but not the least; you should look for the agents from freight boards that are having suitable insurance. Most of the brokers are carrying the contingent cargo insurance for paying the shippers loss or even damage in case the carriers and the insurance company has refused to pay. Hence, the Contingent cargo coverage is providing the shippers with the great protection in case if the claim is found to be valid. Search for the one who are carrying the liability insurance.

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