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As Freight Volumes Increase Brokers Multiply

The future of the transportation industry is looking bright. How big is the competition and how can you grow your brokerage. Train people to represent your authority as Freight Agents.

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As Freight Volumes Increase Brokers Multiply

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  1. As Freight Volumes Increase Brokers Multiply Published Jan 4, 2016– Connect with us on LinkedIn for more articles and information. Logistics Academy (LogisticsAcademy.org) is an Online Freight Broker and Freight Agent Training School. Learn how you can get started by visiting our website, the outlook for the transportation industry is bright! A new report released by American Trucking Associations (ATA) in July of 2015 projects freight volumes will increase by nearly 29% over the next 11 years. “The outlook for all modes of freight transportation remains bright,” said ATA Chief Economist Bob Costello in releasing U.S. Freight Transportation Forecast to 2026. “Continued population growth, expansion of the energy sector and foreign trade will boost trucking, intermodal rail, and pipeline shipments in particular.” Keep up with the industry trends; start expanding your business, hiring agents, and brokering more freight. The transportation industry is not going anywhere! So whether you're a broker, related business owner, or logistics professional in general, rest assured knowing we are all playing a role in something BIG.

  2. Understanding this industry with PROPER TRAINING and education is crucial in taking the first step in being successful here. Active Brokers The number of active Freight Brokerages is increasing right before your very own eyes! Before the MAP-21 Act passed in October of 2013 (remember the bond increase from $10,000 to $75,000?), there were 21,000 ACTIVE broker authorities but when the law passed 8,000 brokers deactivated their authority, leaving 13,000 brokers (and their agents) in a sea of newly available freight. 2 years later, there are now +14,000 active brokers and counting. Train the Inexperienced With more people constantly entering the market, brokers today should be taking on as many new qualified agents as possible. Stop turning down people who don't have "experience" AND TRAIN THEM! The barrier to enter the market as a Freight Broker is not high at all (it's a cheap business for any Tom Dick and Harry to start) when you consider the income potential if you execute a successful business model. Turning interested people down at the door is inevitably going to create more competition for your business. Spend the next year adding agents to your brokerage so that you can start creating a constant stream of residual income for yourself. Think about how happy you'll be at this time next year, simply because you took the time to successfully grown your company (and income).

  3. Fortunately for you brokers out there, we offer unlimited training for Agents FOR NO EXTRA PRICE! That's just how we role. Let Logistics Academy help you grow your Freight Brokerage faster than ever before the year ends. LogisticsAcademy.org

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