Freight Brokerage has the potential to yield high annual revenues with exciting profit margins!
Depending on various factors, including number of customers, volume of shipments, and profitability on those shipments, a freight broker can make between $50,000 (inexperienced) and $500,000 (very experienced) per year.
1-3 Years Experience: $50,000 – $100,000
4-6 Years Experience: $100,000 – $250,000
7-10 Years Experience: $250,000 – $350,000
10+ Years Experience: $400,000+
Aside from experience alone, there are other contributing factors that play a role in how much freight brokers are compensated. Here are some of the most common things that will impact earnings for a broker: