Freight Broker/Agent Training Schools in Missouri

The best way to start a freight brokering career in Missouri is to join an established company and gain industry experience before developing a personal business strategy. However, several important steps must be fulfilled before candidates can be considered for employment.

The guide below discusses all of these steps as extensively as possible.

It introduces readers to possible training arrangements, legal requirements, business concentrations, federal regulatory expectations, and avenues for credibility and career growth. It then provides an extensive overview of the factors affecting the annual average salaries of freight brokers in Missouri and the salaries professionals can expect depending on their earning category.

How to Become a Freight Broker in Missouri

The steps below are vital in launching a freight brokering career in Missouri.

Basic Requirements

Missouri has no major state requirements for protective freight brokers. However, individuals looking to enter the field may be expected to have a high school diploma or GED, depending on the specific training program they would like to enter.

Foundational skills like problem-solving, critical thinking, planning, and management skills are also important.

Training Programs

Self-study online training programs are the most common approach to starting a freight brokering career in Missouri. The major appeal of these programs, apart from the comprehensive curriculum, is the fact that they take place predominantly online – allowing candidates access to learning materials for a specified period.

What’s more, thanks to their self-paced nature, students can choose to complete their education as quickly as they want without losing access to these learning materials before the training duration is over. Candidates may also select custom classes in areas such as logistics and supply chain management to supplement their freight brokering courses.

Carrier Relationships & Networking

Freight brokers are expected to have solid relationships with trusted carriers and logistics companies. It is also important to have a strong professional network, whichs can be achieved by joining a professional organization.

Insurance & Bonds

For credibility, a freight brokering business needs relevant insurance coverage and a surety bond of at least $75,000 to cover possible damages. This bond signals trust to potential customers and guarantees that they will be compensated in case of unforeseen damages.

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Licensure & Certification Requirements

Registration with the Federal Motor Carrier Safety Administration is the major regulatory requirement for becoming a freight broker and running a successful business in Missouri. The administration requires the submission of an official application and a registration number from the state branch of the US Department of Transportation.

After registration with the FMCSA, candidates can go on to grow their businesses. Certification will help in this regard, but it is not compulsory.

Those who would like to become still certified anyway can consider the credentials offered by the Transportation Intermediaries Association. Professionals may acquire the Certified Supply Chain Professional credential to establish supply chain management skills.

Top Freight Broker Schools in Missouri

Before, there were the top training programs for aspiring freight brokers in Missouri.

Explore freight broker training schools in Missouri by city:

• Freight broker training schools in Kansas City

Salary & Career Outlook

While freight brokers in Missouri can be categorized into three categories, those who are among the average earners in the middle category are usually the most common. Professionals who find themselves here manage an annual average salary of $71,420.

The other two categories are those who are among the bottom 10%, making an annual average salary of $26,005, and those who are among the top 10,% making around $196,145 every year.

Candidates may improve their yearly returns through networking and business strategy. It is also possible to analyze these figures by location.

In this case, freight brokers in North Kansas City are the highest-paid in the state, with an annual average salary of $179,877. Those follow them in Kansas City and Joplin,n with annual average salaries of $93,716 and $89,443, respectively.