As a freight broker, you’ll work with shippers and carriers to help shipments go smoothly.
If you are interested in the freight business, but don’t want to spend your time on the road, being a freight broker in Wisconsin may be the perfect fit for you.
Table of Contents
- Freight Broker Duties in Wisconsin
- Licensing Requirements to Become a Freight Broker in Wisconsin
- Freight Broker Programs in Wisconsin
- Freight Brokers Schools in Wisconsin – Summary Table
- Frequently Asked Questions
- Freight Broker Info by State
Freight Broker Duties in Wisconsin
As a freight broker, you’ll act as a middleman between shippers and carriers.
In addition to making a good living, you’ll provide benefits for those shipping and delivering goods.
You will be responsible for ensuring freight gets to its destination safely and in a reasonable time frame.
As a freight broker in Wisconsin, you may:
- Help shippers find the best carrier for their needs
- Negotiate rates and delivery times with carriers and pass the information to shippers
- Track freight and keep shipper informed
- Keep detailed records of shipments and deliveries
There are also some skills you will need to be a successful freight broker in Wisconsin.
These skills include:
- Excellent communication and problem-solving skills
- Negotiation to secure the best deals for clients and yourself
- Ability to thrive under pressure and make quick decisions
- Time management skills
Licensing Requirements to Become a Freight Broker in Wisconsin
Wisconsin doesn’t have any state requirements to become a freight broker.
However, there are national requirements that you’ll need to meet.
These regulations are determined by the Federal Motor Carrier Safety Organization, or FMCSA.
First, you’ll need to have a high school diploma or GED, and be at least 18 years old.
You’ll also need a valid driver’s license.
Now you are ready to apply for a transportation number through the Department of Transportation, or DOT.
Once you have your transportation number, you can send in an application to the FMCSA.
The application will include your transportation number and a $300 licensing fee.
Once you’ve received your freight broker license, the next step is to get a surety bond of at least $75,000.
You will also need to designate a process agent in Wisconsin.
This person or company can legally act on your behalf.
Freight Broker Programs in Wisconsin
Unfortunately, there are no in-person training programs for freight brokers in Wisconsin.
However, there are online training courses available.
University of Wisconsin Oshkosh
The University of Wisconsin Oshkosh offers an online freight broker training course.
You’ll learn the basics of being a freight broker, and how to get your freight broker license.
You’ll also learn how to set up your business, manage accounts payable, and market yourself to potential clients.
You’ll also learn how to use freight broker software, maintain logs, and forms needed to keep your business legal and functioning smoothly.
The course costs $1,895.
It consists of 100 hours of training.
Students have six months to complete the course, but many choose to finish it much sooner.
Job Center of Wisconsin
The Job Center of Wisconsin offers a more in depth training course, called Purchasing & Supply Chain with Freight Broker Training.
In this course, you’ll learn how to become a freight broker and a supply chain manager.
The course has 220 credit hours.
It usually takes 1 year to complete, with a time commitment of 6 hours per week.
This allows you to maintain a career while preparing to be a freight broker.
The cost of the program is $3,945.
Once you’ve completed the program, you can take the Certified Supply Chain Professional exam.
This credential can prove your knowledge and help you advance your career.
Freight Brokers Schools in Wisconsin – Summary Table
|University of Wisconsin Oshkosh||800 Algoma Blvd, Oshkosh, WI 54901, United States|
|Job Center of Wisconsin|
Freight brokers in Wisconsin make an average salary of $54,635.
On the lore end of the spectrum, some brokers make $47,220, while highly paid brokers can earn as much as $62,722.
How much you earn will depend on your experience, training, marketing, and business skills, and your location.
Brokers in cities usually earn more than those in rural areas.
For example, the average salary in Milwaukee is $54,895, which is slightly better than the overall average.Annual Salary Range: Annual Salary by Location:
|Location||Avg. Annual Salary|
Frequently Asked Questions
Are there yearly costs to be a freight broker in Wisconsin
You won’t need to renew your license each year, but you will need to renew your surety bond.
The cost of renewal will depend on your credit score, how long you’ve been in business, and how your business is performing.
Do freight brokers in Wisconsin need training?
Training isn’t required to be a freight broker in Wisconsin, but it is strongly recommended.
This is particularly important if you don’t have prior experience in the shipping industry.
Training gives you the skills and knowledge you need to start your business off the right way.
It also gives you credentials, which can help set you apart from the competition.
Are freight brokers in demand in Wisconsin?
Demand for freight brokers is expected to grow by 30% over the five years, which is much better than average.
Wisconsin’s demand is expected to grow 3% faster than the national average, making it a great place to start your career.
Freight Broker Info by State
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia