Freight Broker Salary

On average, commissions constitute a fair portion (just under a third) of final income for Freight Brokers. That final number averages out to $45K across the industry. The most important factor affecting compensation for this group is career length, followed by geography and the individual firm. Not all workers are lucky enough to have benefits; in fact, just over one in five are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by more than half. Most workers in this position report high levels of job satisfaction.

$30,277 - $68,466
(Median)
$30K
$42K
$68K
MEDIAN: $41,730
10%
50%
90%

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$10.02 - $24.73
(Median)
$10
$15
$25
MEDIAN: $15.00
10%
50%
90%

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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$25K$50K$75K
Salary
$30,277 - $68,466  
   
Bonus
$0.00 - $14,971  
Profit Sharing
$4,500  
Commission
$2,990 - $48,047  
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).
)
$29,721 - $73,771  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 309
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$15$30$45
Hourly Rate
$10.02 - $24.73  
   
Hourly Tips
$2.50  
Overtime
$10.30 - $43.63  
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$30K$60K$90K
Bonus
$0.00 - $14,971  
   
Commission
$2,990 - $48,047  
Profit Sharing
$4,500  
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).
)
$29,721 - $73,771  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 45
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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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Popular Employer Salaries for Freight Broker


Popular Skills for Freight Broker


Freight Brokers only report a few specific skills. Most notably, skills in Sales Management, Sales, Logistics, and Negotiation are correlated to pay that is above average. Skills that seem to negatively impact pay include Customer Service. Those familiar with Negotiation also tend to know Customer Service.

Pay by Experience Level for Freight Broker

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


Experience seems to be a major factor in determining the incomes of Freight Brokers. The average worker who claims fewer than five years of experience earns around $41K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $50K. Freight Brokers see a median salary of $54K after reaching one to two decades on the job. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $66K.

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Experience Affects Freight Broker Salaries

Late-Career
up arrow 47%

Experienced
up arrow 21%

Mid-Career
up arrow 10%

National Average
$45,000


Skills That Affect Freight Broker Salaries

Sales Management
up arrow 14%

Sales
up arrow 3%

Logistics
up arrow 1%

National Average
$45,000

Negotiation
up arrow 1%

Customer Service
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
8%
1-4 years
50%
5-9 years
20%
10-19 years
16%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 60%
medical benefits
Vision: 44%
dental benefits
None: 23%
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