6 Freight Brokerage Business Success Stories [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.
Here are some real life success stories of starting a freight brokerage business:
1. Easy Auto Ship ($18M/year)
Eric Ray, CEO and Founder of Easy Auto Ship, came up with the idea for his vehicle shipping brokerage after experiencing a frustrating and inconsistent car shipping process. Recognizing the growing demand for car shipping services, particularly with the rise of online car purchases, Ray saw an opportunity to create a better pricing system and started his own brokerage. Through hard work and the development of an instant pricing technology called TAQ, Ray was able to build a successful business, boasting an average of $250,000 a month in brokerage fees and a net profit of $100,000 a month.
How much they make: $18M/year
How much did it cost to start: $20K
Current team size: 23
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.
Learn more about starting a freight brokerage business:
Where to start?
-> How much does it cost to start a freight brokerage business?
-> Pros and cons of a freight brokerage business
Need inspiration?
-> Examples of established freight brokerage business
Other resources
4. Easy Auto Ship
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How much they make: $18M/year
Where they're located: Boardman, OH, USA
How much did it cost to start: $20K
Current team size: 23
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.
5. DAT
Where they're located: Philadelphia, Pennsylvania, USA
Website traffic: 3.98M/month
6. TQL
Total Quality Logistics (TQL) is the largest privately held freight brokerage firm in the nation. We help you find the right solution for your local, national and North American truckload freight and shipping needs.
Where they're located: North Las Vegas, Nevada, USA
Website traffic: 460K/month
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings