A Freight Broker is required to be licensed by the Federal Motor Carrier Safety Administration (FMCSA) and secure a surety bond. The Freight Broker acts as a middleman to arrange the transport of goods by matching available trucks with shipper loads/needs. A Freight Broker can range from a one-person operation to a larger multinational company with many employees. Additionally, Freight Brokers are responsible for the financial aspects of the company such as invoicing shippers, paying carriers, extending credit, paying agents, and assisting with claims.
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