Freight brokers in New York don’t just negotiate with carriers on behalf of shippers; they must also be able to handle paperwork such as contracts, bills of lading, and freight bills. These professionals also have extensive expertise in monitoring shipments to identify and fix issues that may arise during transit.
The following sections explore the requirements for starting a successful freight brokering career in New York. We break down the process into key parts, such as preparatory and educational requirements.
We then explore the licensure and certification options and top programs. Lastly, we outline the possible annual earnings for freight brokers in New York and the key factors that may help professionals increase their yearly returns on the job.
How to Become a Freight Broker in New York
Below is a step-by-step breakdown of the considerations needed to start a successful freight brokering career in New York.
Step 1: Training Arrangement
The specific training arrangement an aspiring freight broker chooses in New York will be entirely up to them. Candidates may apply for a logistics, business, or transportation program. They may earn a diploma, associate degree, or bachelor’s degree. Furthermore, they may enroll in an online program for convenience or choose one that takes place on campus.
Step 2: Business Plan
Freight brokerage is a serious business that requires extensive planning. After being properly trained, candidates must develop a plan for their new business, including marketing strategies, organizational principles, and how to approach networking and relationship building.
Afterward, they can officially register their business and start compliance.
Step 3: Insurance & Licensure
Freight brokers in New York are expected to acquire a license from the FMCSA (Federal Motor Carrier Safety Administration).
Freight brokerage businesses are also advised to have insurance to protect goods and products, such as workers’ compensation insurance.
We discuss the licensure and insurance requirements for freight brokers in Florida below.
Step 4: Industry Experience & Continuing Education
Industry Experience is important for a freight broker in New York. Candidates will improve their skills as they spend more time on the job.
At the same time, professionals in the field must keep on improving themselves through continuous learning.
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Licensure & Certification Requirements
The major licensure requirements for freight brokers in New York are not state-mandated but nationally required. The United States Department of Transportation mandates that all freight brokers register with the FMCSA and obtain a broker authority license.
To do so, candidates must reveal the details of their brokerage business and submit an official application with a $300 registration fee. The application should be processed within 4 to 6 weeks, and candidates can officially start their businesses.
It is also worth noting that freight brokers in New York must always have a surety bond of at least $75,000.
Top Freight Brokerage Schools in New York
The state of New York has the following training programs for aspiring freight brokers.
The City College of New York
Online , NY Online Only
The City College of New York offers undoubtedly one of the most prominent programs for prospective freight brokers in New York.
Tuition
$1,895 per ProgramContact
(855) 520-6806
Wagner College
Staten Island, NY Online Only
Located in Staten Island, Wagner College offers an online freight broker training program for candidates across the state. Organized by the school's Department for Lifelong Learning, candidates will learn about the technical and business aspects of being a freight broker.
Tuition
$1,795 per ProgramContact
(855) 520-6806
Brooke Training Solutions
Online, NY Campus + Online
Lastly, candidates may consider Brooke Training Solutions, a nationwide training destination for future freight brokers. For candidates in New York, the school has in-person learning centers across the state.
Tuition
$1,895 - $3,995 per ProgramContact
(214) 206-1169
Info@transportationtraining.com
Explore freight broker training schools in New York by city:
Salary & Career Outlook
The exact annual average salary that a freight broker in New York will manage at the end of each year depends on several factors. Among the most prominent of these is location.
For instance, while freight brokers in New York City earn an annual average salary of $102,041, freight brokers in Hauppauge take home an annual average salary of $61,456. Another notable destination for freight brokers in New York is Brooklyn, with an annual average salary of $59,110.
Along with location, experience, and professional reputation can help candidates increase their annual average returns. Those who have successfully leveraged these factors can earn as high as $132,781 in annual average salary or more.
Candidates just starting may fall among the bottom 10%, taking home an annual average salary of $20,466, or the average earners in the midpoint, making a salary of around $52,130 yearly.