Business Idea: Start A Freight Brokerage Business in 2024
The transportation industry has experienced rapid interest and growth over the past years. The increased demand has created business opportunities for various professionals, among them freight brokers. Freight brokers connect shipping companies with carriers. Serving different markets, freight brokers help make goods transport a reality for their customers.
If you are looking for a business opportunity within the transportation industry, you may consider starting a freight brokerage company.
To start, take the prerequisite course and look for an internship opportunity where you will gain industry experience. Then, follow licensing requirements and focus on building business relationships with potential customers.
Revenue & Profitability
How much do freight brokerage businesses make?
Startup Costs
How much does it cost to start a freight brokerage business?
- It can cost as low as $20,000 to start a freight brokerage business.
- It can cost as high as $50,000 to start a freight brokerage business.
Learn more about the costs of a freight brokerage business.
Examples Of Successful Freight Brokerage Businesses
Successful freight brokerage business businesses and case studies
Eric Ray founded Easy Auto Ship LLC, a vehicle shipping brokerage, generating $250,000/month in brokerage fees with a net profit of $100,000/month and averaging over 1,500 Google reviews with a 4.6 rating, expected to earn $18 million/year in total sales, expanding into B2B with two more divisions.
DocShipper is a digital freight forwarding and sourcing company that offers a one-stop-shop solution for companies and e-commerce business owners throughout the supply chain, which saw over 700% growth in 2021 with a turnover of $4.9 million.
See full list of successful freight brokerage businesses.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
