What is the difference between a freight broker & freight agent?
A freight broker assumes all legal and financial responsibilities for the movement of cargo. They have met the requirements under the FMCSA Guidelines to legally operate as a property broker in the United States. A freight agent serves as an independent contractor for a freight brokerage but serves in the same capacity. Typically freight agents starting out will receive a commission of 50% of the gross profit from every load. An agent who is established with a book of business can command as high as 75% of the gross profit from freight moved for the brokerage. The agent in return does not assume any responsibility for insurance, authority, claims or collections of freight bills.
