How to Become a Freight Broker in Kentucky

Freight broker a profession that most of us probably don’t think much about, or even know exists.

However, it’s an important part of our everyday lives.

A freight broker acts as the go-between for clients on both the shipping and transportation ends of merchandising.

For example, large lumberyards may need trucks to transport orders across the country.

They would employ a freight broker to find said transportation. 

On the other hand, trucking companies may employ a broker to find clients to transport goods to and from their facilities.

They’re basically matchmakers for merchants and transport companies.

If it weren’t for reliable freight brokers, customers end up having a shortage of supplies they need.

In order to be a good freight broker, one must have excellent negotiation skills, as well as top-notch communication and customer service skills.

They must have knowledge of computers, excellent verbal and written skills, and be well organized.

Read on for some important information about becoming a freight broker in Kentucky.

What Are The Duties Of A Freight Broker In Kentucky?

In Kentucky, the duties of a freight broker are the same as in the rest of the country.

A freight broker’s main duty is to ensure they provide reliable transportation to get goods and merchandise to their destination on time and unharmed.

Freight brokers must guarantee that they have met all safety requirements for the transport companies they employ.

They must also negotiate fair prices between clients and still make a profit.

The freight broker is also responsible for filling out and providing invoices and all other paperwork to both clients.

They must provide the transportation companies with clear directions and instructions, as well as keep track of shipments to make sure they will arrive on time.

What Are The Licensing Requirements Of Freight Brokers In Kentucky?

The state of Kentucky does not require any special license to be a freight broker, however, all brokers must have a federal license. 

Freight brokers must be licensed by the Federal Motor Vehicle Commission Safety Association.

In order to get licensed, you must apply and send $300.

If your application is accepted, you will be issued a license number.

It is also required that you put up a $75,000 surety bond and have insurance.

Programs For Freight Brokers In Kentucky

Eastern Kentucky University

About The School

Eastern Kentucky University is a 4-year school that offers over 100 in-person and online degree programs.

The college offers financial aid to most of its students, and all students receive free books.

A plethora of activities helps keep all students engaged with campus life.

The school is accredited by The Southern Schools Commission.

About The Program 

The freight broker program at Eastern Kentucky University is offered online.

The cost of tuition is $1,875.00

It takes 100 hours to complete and students are given 6 months to complete all courses.

Students will have the full support of instructors who are experienced freight brokers.

The program is self-paced, so you can do as much or as little as you can from one week to the next.

The curriculum consists of the basics of freight brokering, setting up your business and office, setting up shipping and carrier packets, operation software, transportation law, contracts, rate quotes, sales, and negotiating skills.

Address: 521 Lancaster Ave.

Richmond, Kentucky 40475

Phone: (859)6221000

Website: https://www.eku.edu

What Is The Salary For Freight Brokers In Kentucky?

The average salary for freight brokers in Kentucky is $33,353 per year.

This salary varies greatly depending on how many hours a freight broker decides to work.

Many brokers in Kentucky can earn much more if they simply work more.

Salary also depends on education, experience, and reputation.

Annual Salary Range: Annual Salary by Location:

Location	Avg. Annual Salary
Lexington	$44,952
Louisville	$45,509
Owensboro	$45,023
Bowling Green	$43,444
Covington	$46,880
Hopkinsville	$43,146
Frankfort	$43,826
Henderson	$45,311
Richmond	$44,513
Aberdeen	$42,762

Regional Salary in Kentucky

* Salary information based on the May 2022 Occupational Employment Statistics (OES) Survey for Cargo and Freight Agents, OCC Code 43-5011, BLS.
* Employment conditions in your area may vary.

Frequently Asked Questions

What are some pros and cons to being a freight broker?

Some of the great things about being a freight broker are the ability to make good money, autonomy, no commute, and you can involve family members to help the business grow.

Some of the cons include stress (it’s a lot of responsibility), time constraints and commitments, and it can be long hours sitting behind a computer screen.

Is the job outlook gid for freight brokers in Kentucky?

The job outlook for freight brokers in Kentucky is excellent.

In fact, the need for brokers is expected to rise by 7% over the next several years.

This is due to online shopping becoming increasingly common and the need for goods to be shipped nationwide.

What is the schedule of a freight broker in Kentucky?

Freight brokers are pretty much able to make their own schedules.

Most communication is done through email and texting, or through a company website, so as long as everyone has the information they need by the deadline, you can do it at any point in the day.

Is being a freight broker an interesting job?

Being a freight broker can be quite interesting for people that enjoy learning about different companies, mapping routes, interacting with new people, and using different computer programs.

Freight Broker Info by State