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Freight Broker Salary

Freight Brokers in the United States take home an average $42K per year. Career duration and the particular city each impact pay for this group, with the former having the largest influence. The majority of Freight Brokers claim high levels of job satisfaction. Not all workers are lucky enough to have benefits; in fact, nearly one-fifth are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by a majority. Most Freight Brokers survey respondents are men (71 percent). This snapshot results from replies to PayScale's salary survey.
$30,249 - $61,417
(Median)
30K
42K
51K
61K
MEDIAN: $42,335
10%
50%
75%
90%

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$11.74 - $21.32
(Median)
12
17
20
MEDIAN: $16.00
10%
50%
75%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$30,249 - $61,417  
   
Bonus
$0.00 - $15,456  
Commission
$3,041 - $49,316  
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).
)
$30,425 - $70,136  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 149
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$11.74 - $21.32  
   
Overtime
$17.69 - $28.23  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $15,456  
   
Commission
$3,041 - $49,316  
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).
)
$30,425 - $70,136  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 16
United States (change)

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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Job skills reported by Freight Brokers are limited. Sales and Negotiation are considered valuable skills and can increase employee pay. At the other end of the pay range are skills like Negotiation.

Pay by Experience Level for Freight Broker

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


Freight Brokers with a lot of experience tend to enjoy higher earnings. Folks with fewer than five years of experience take home $41K on average, and those who have worked for five to 10 years see a bigger median salary of $46K. For Freight Brokers, 10 to 20 years of experience on the job amounts to an average salary of $62K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $64K.

Related Job Salaries

Experience Affects Freight Broker Salaries

Late-Career
up arrow 42%

Experienced
up arrow 39%

Mid-Career
up arrow 3%

National Average
$45,000

Entry-Level
up arrow 8%

Skills That Affect Freight Broker Salaries

Sales
up arrow 12%

National Average
$45,000

Negotiation
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
7%
1-4 years
49%
5-9 years
22%
10-19 years
16%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 58%
vision benefits Vision: 42% employee benefits None: 21%