The following excerpt is from The Staff of Entrepreneur Media, Inc. and Jason R. Rich’s book Start Your Own Freigth Brokerage Business, 5th Edition. Buy it now from Amazon | Barnes & Noble | ...

The Federal Motor Carrier Safety Administration has proposed changes to freight broker and freight forwarder financial responsibility requirements, addressing the problem of brokers that don’t pay ...

Opinions expressed by Entrepreneur contributors are their own. The job of a freight broker is to connect shippers who have goods to transport and carriers who have the capacity to move those goods.

Freight brokers are like the travel agents of the trucking industry – connecting shippers and carriers in exchange for a piece of the revenue. The contracts that govern such relationships, as well as ...