How do freight brokers pay drivers?
Freight brokers make their money in the margin between the amount they charge each shipper (their customer) and what they pay the carrier (the truck driver) for every shipment. Although it varies from one transaction to the next, healthy freight brokers typically claim a net margin of 3-8 percent on each load.
How do brokers find carriers?
Posting and Searching
Posting loads and searching trucks are the two most common ways of finding carriers and covering loads. And even though both are done in the same marketplace, they are very different approaches and offer advantages and disadvantages.
How many trucks do you need to be a carrier?
Though there is not set minimum, we find that carriers usually need at least 15 trucks in their fleet before they can handle dedicated opportunities. Since most dedicated freight is drop trailer, carriers will often need more trailers than trucks — a 2:1 trailer-to-truck ratio is ideal.