Online Freight Broker/Agent Training in Michigan
Launch your career as a freight broker in Michigan with our in-depth training program. In just 90 days, you will learn everything from the fundamentals to advanced operations, leaving you with the skills you need to succeed in this thriving sector.
Course Overview
The 90 Day Freight Broker Course delivers 100 hours of essential knowledge for just $890!
Our program is made up of 13 comprehensive modules that cover important topics such as:
- Setting up a brokerage: Broker authority applications, assigning process agents, surety bonds, and trust funds.
- Carriers: Researching and vetting carriers, broker-carrier contracts, working with owner-operators, and equipment types.
- Dispatching Loads: Pick-up and delivery, driver check calls, tracking and tracing, and handling issues.
- Shippers: Finding niches, broker-shipper contracts, negotiating rates, and building long-term relationships.
- Operations: Setting up your home office and choosing the right software.
The entire course is available in text, video, and audio, so you can learn how you want to when it’s most convenient.
We also offer all students a 30-day money-back guarantee should you not be satisfied with the course content.
If you’re ready to start your journey to becoming a freight broker in MI, join the waiting list now.
How to Become a Freight Broker in Michigan
While you don’t need any formal qualifications to become a freight broker in MI, there are some basic requirements you need to meet to get started. These include:
- Being 18 or older
- Having a high school diploma or an equivalent
- A business that’s registered in Michigan
- A $75,000 surety bond
Even though qualifications are not a part of this requirements list, a training program can set you apart by equipping you with the knowledge you need to successfully open a freight brokerage. By undertaking a freight broker course, you learn more about the key industry processes, essential regulations, and general best practices.
How to get a freight broker license in Michigan
Obtaining a freight broker license in Michigan starts with following the federal requirements set by the Federal Motor Carrier Safety Administration (FMCSA).
Here are the steps you need to follow to comply with the Michigan licensing requirements:
- Register your business with the Michigan Department of Licensing and Regulatory Affairs (LARA).
- Obtain a USDOT number from the FMCSA.
- Apply for a Broker Authority (MC Number) through the FMCSA Unified Registration System.
- Obtain a $75,000 surety bond (BMC-84) or set up a trust fund (BMC-85) as financial security.
- File a BOC-3 form to designate a process agent in Michigan.
- Register for state taxes if necessary.
Once the FMCSA approves your licensing application, you will have what you need to get your freight brokerage up and running.
Career Opportunities for Freight Brokers in Michigan
Due to the increasing demand for efficient supply chain management and the state’s strategic position in national and international trade, Michigan’s freight brokerage industry is poised for growth.
The state has a particularly important role in North American supply chains thanks to its transportation infrastructure as well as its proximity to Canadian markets.
Reports from the U.S. Department of Transportation underscore the critical role of Michigan’s highways in domestic and international trade, with substantial freight volume creating numerous career opportunities in the logistics sector.
Added to this is the fact that recent federal grants are being used to enhance rail and intermodal facilities in Michigan, further bolstering this growing industry.
Choose your career as a freight broker
Once you obtain your freight broker license, there are one of two routes you can take with your new career.
Setting up your own brokerage
If the point of obtaining your freight broker license is to become an entrepreneur, you can establish your own freight brokerage. As a business owner, you have the chance to build direct client relationships and have greater control of your daily operations. There is also the benefit of unlimited earning potential.
Working for an existing company
If receiving a stable income is your preference, you can join an existing freight brokerage business in Michigan. Not only does this mean you’ll be working with an existing client base, but if you’re just starting out, you can learn from established professionals.
Regardless of your choice, our 90 Day Freight Broker Course can give you a running head start in an exciting industry with a lot of potential.
Earning potential and salary for freight brokers in MI
The annual mean wage of $52,390 for freight brokers in Michigan is on par with the national wage of $52,460. However, freight brokers in certain percentile brackets can earn even more!
Here’s how Michigan compares to national average salaries:
| Percentile | Michigan Salary | U.S. Salary |
|---|---|---|
| 10% | $37,210 | $36,520 |
| 25% | $45,950 | $40,410 |
| 50% (Median) | $48,890 | $48,330 |
| 75% | $59,300 | $60,140 |
| 90% | $67,640 | $72,820 |
Employment trends for freight brokers in MI
Where only 3,240 employees were working in the cargo and freight sector in Michigan in 2020, this number is set to increase by at least 10% by 2030.
Over and above this, reports show that there should be around 370 job openings annually over this period, which shows that the Michigan freight brokers sector is going through a healthy growth spurt that newcomers can take advantage of.
| Location | Jobs (2020) | Projected Jobs (2030) | Projected Growth (2020-2030) | Projected Annual Job Openings (2020-2030) |
|---|---|---|---|---|
| U.S. | 95,900 | 105,200 | 10% | 11,000 |
| Michigan (MI) | 3,240 | 3,570 | 10% | 370 |
FAQS
1. What do freight brokers do?
Freight brokers help businesses move goods around more efficiently by acting as intermediaries between shippers and carriers. By leveraging industry connections and market knowledge, they are able to optimize logistics, reduce costs, and streamline the supply chain.
2. What is the difference between a freight broker and an agent?
A freight broker is a licensed professional who operates independently, securing freight contracts, negotiating rates, and managing shipments. They hold a broker authority (MC number) from the FMCSA and are responsible for ensuring financial compliance.
A freight agent, on the other hand, works under a licensed broker. They essentially act as a sales representative who connects shippers with carriers. Agents do not need a license or bond since the broker assumes legal and financial responsibility for transactions.
3. How long does it take to become a freight broker in Michigan?
Becoming a freight broker in Michigan typically takes 30 to 90 days, depending on how quickly you complete the required steps. The FMCSA application process for a broker authority takes about 4 to 6 weeks, and securing a $75,000 surety bond and filing a BOC-3 form can add a few days. It’s recommended that you pursue your training concurrently to save time.