One of the many reasons why individuals in Oklahoma are advised to pursue a career in freight brokering is the opportunity to launch a successful business. It is also straightforward to start a career in this profession in the state and arguably across the country.
Individuals seeking to achieve this goal will be pleased to know that they have arrived at the right page. By the time they consume the resources here, they will have a comprehensive understanding of the essential and complementary steps required to become the best freight brokers they can be.
Readers will also discover top training programs to attend and potential salary figures to anticipate.
How to Become a Freight Broker in Oklahoma
Below is a step-by-step breakdown of how to become a successful freight broker in Oklahoma.
Step 1: Transferable Attributes
Attention to detail is key to succeeding as a freight broker. It is one of the fundamental transferable attributes that candidates need to develop as early as possible.
Problem-solving, interpersonal skills, and effective communication are some other notable examples of important transferable attributes.
Step 2: Fundamental Training
As a prospective freight broker in Oklahoma, I find it absolutely crucial to learn fundamental topics in a training program. Fortunately, numerous community colleges and institutions in and around the state offer convenient online freight brokering training programs.
They will learn important subjects, including process and operations management, transportation laws, ethical considerations, and FMCSA requirements.
It is also possible to choose a program that allows students to develop skills in supply chain management and even earn certifications in that field.
Step 3: Business Set-up & Coverages
Currently, the bond requirement to start an official freight brokering business is around $75,000 worth of coverage for damages. This is intended to demonstrate to customers and carriers that the broker has sufficient financial backing to cover unforeseen events.
Candidates also need to file a BOC-3 form, which is a blanket coverage insurance for their business that they are required to have in every state where they operate.
The FMCSA expects businesses to designate a process agent who is responsible for receiving legal documents on their behalf.
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Licensure & Certification Requirements
Anyone practicing as a freight broker in Oklahoma must receive approval from the Federal Motor Carrier Safety Administration. They need to file an OP-1 form, which is typically processed within three to four weeks.
The administration sets approval requirements, which currently include insurance considerations, such as having a surety bond and obtaining a registration number from the state chapter of the US Department of Transportation.
Once approved, candidates may successfully launch their business and implement a marketing strategy. Certification can help with credibility, but it is not compulsory.
Those who wish to be certified in any capacity may consider the Association for Supply Chain Management and the Transportation Intermediaries Association.
Top Freight Broker Schools in Oklahoma
The following are some top freight brokering schools in Oklahoma.
Oklahoma State University
Online, Ok Online Only
Oklahoma State University offers an online freight broker/freight agent program designed for individuals with no prior experience in logistics.
Tuition
$1,895 per ProgramContact
(855) 520-6806
Oklahoma City Community College
Online, Ok Online Only
Oklahoma City Community College, in partnership with Brooke Transportation Training Solutions, provides an online freight brokering training program.
Tuition
$1,895 per ProgramContact
(855) 520-6806
Southern Oklahoma Technology Center
Online, Ok Online Only
The Southern Oklahoma Technology Center offers a comprehensive, fully online Freight Broker/Agent Training program that covers licensing, operations, sales, and marketing.
Tuition
$1,895 per ProgramContact
(855) 520-6806
Explore freight broker training schools in Oklahoma by city:
Salary & Career Outlook
The annual average salary of freight brokers in Oklahoma can vary depending on the professional’s tenure. The specific approach to marketing and promotion, educational background, and reputation will also influence how much a professional in this field earns at the end of the year.
In general, candidates may expect to earn an annual average salary of $61,565 in the median category, an annual average salary of $108,029 in the top-earning category, and an annual average salary of $23,545 in the bottom-earning category. It is also possible for location to play a role, however minimal, in determining a freight broker’s salary in Oklahoma.
According to recent data, the highest-paying destinations are Enid, with an annual average salary of $64,380; Midwest City, with an annual average salary of $64,297; and Moore, with an annual average salary of $64,210.