Freight Broker Salary

An average Freight Broker in the United States can expect to take home roughly $42K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Male Freight Brokers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. For the most part, Freight Brokers enjoy their work and report high levels of job satisfaction. Although one in five lack health benefits of any kind, a fair number do enjoy medical insurance, and a majority get dental coverage, too. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$30,577 - $66,757

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$10.21 - $21.97

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$30,577 - $66,757  
   
Bonus
$0.00 - $15,850  
Profit Sharing
$1,542 - $11,792  
Commission
$3,041 - $40,851  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,070 - $71,540  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 235
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$10.21 - $21.97  
   
Overtime
$16.50 - $27.87  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$0.00 - $15,850  
   
Commission
$3,041 - $40,851  
Profit Sharing
$1,542 - $11,792  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,070 - $71,540  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 30
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Job Description for Freight Broker

A freight broker is a key employee in the logistics operation of any company doing a significant portion of their business in shipping and delivery. The broker typically uses a variety of computer software to help him or her efficiently schedule freight deliveries and pickups. He or she helps ensure that personnel and fleet vehicles and equipment are adequate to handle these needs and also has strong organizational skills to ensure that specialized cargo is correctly matched to the proper shipping containers and vehicles.

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Freight Broker Tasks

  • Rate loads for current and prospective clients.
  • Cultivate new business and manage existing accounts.
  • Build relationships with existing carrier database.
  • Develop and maintain strong relationships with current and prospective clients.
  • Arrange for freight transportation using internal systems.

Freight Broker Job Listings

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Freight Brokers usually report a few specific skills. Most notably, skills in Logistics, Sales, Negotiation, and Customer Service are correlated to pay that is above average. Customer Service, on the other hand, is typically associated with much lower pay. Many workers who know Negotiation also know Sales.

Pay by Experience Level for Freight Broker

Median of all compensation (including tips, bonus, and overtime) by years of experience.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Workers with less than five years' experience earn around $41K on average, and those who have five to 10 years under their belts see a higher median salary of $47K. After working for 10 to 20 years, Freight Brokers make a median salary of $60K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $65K.

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Experience Affects Freight Broker Salaries

Late-Career
up arrow 44%

Experienced
up arrow 33%

Mid-Career
up arrow 5%

National Average
$45,000

Entry-Level
up arrow 9%

Skills That Affect Freight Broker Salaries

Logistics
up arrow 5%

Sales
up arrow 4%

Negotiation
up arrow 1%

National Average
$45,000

Customer Service
up arrow 22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
8%
1-4 years
50%
5-9 years
18%
10-19 years
18%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 60%
vision benefits Vision: 45% employee benefits None: 21%
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