Published 2/2023MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHzLanguage: English | Size: 1012.79 MB | Duration: 1h 7m

freight brokerage and logistics, Understanding the Industry, What is freight brokerage and how does it work?

What you'll learn

Understanding the Industry

Different types of freight services

Setting up a business plan

Legal Considerations

Necessary licenses and insurance

Getting loads from shippers and finding the carriers to move them

Requirements

no experience needed in order to take this course.

Description

Welcome to know it all! This is our comprehensive course on becoming a successful freight broker. What is freight brokerage? Freight brokerage is a service that matches shippers who need to transport goods with carriers who have the capacity to move those goods. The broker acts as an intermediary, facilitating the negotiation of terms and handling the logistics of the shipment. Freight brokerage can offer several benefits to shippers, including access to a wider pool of carriers, cost savings through competitive pricing, and the convenience of having a single point of contact for the entire shipment process.Following the steps and lessons covered in this course, you will have a solid foundation for starting and running a successful freight brokerage business. Remember, success is a result of continuous effort and dedication. Stay focused, stay organized, and stay committed to providing excellent service to your clients. Good luck on your journey to becoming a successful freight broker! Understanding the IndustryWhat is freight brokerage and how does it work?Key players in the industry and their rolesDifferent types of freight servicesUnderstanding the market and demand for freight servicesCompetitor analysisSetting up a business planLegal ConsiderationsRegistering your businessObtaining the necessary licenses and insuranceCompliance with regulationsBuilding Your NetworkBuilding relationships with carriersBuilding relationships with shippersNegotiating rates and contractsOperations and TechnologySetting up an efficient operationUtilizing technology to streamline processesChoosing the right software and toolsMarketing and SalesMarketing strats to attract shippersBuilding a sales strategyClosing deals and retaining clientsFinancial ManagementSetting up a financial systvoicing and receiving paymentManaging cash flow and profitsKeeping up with industry trends and changesImproving your services to stay ahead of competitorsAdapting to changes in the marketManaging RisksUnderstanding and managing operational risksMitigating financial risksProtecting your business and assetsScaling Your BusinessIdentifying growth opportunitiesManaging customer complaints and resolving issuesBuilding long-term relationships with clientsand more...

Overview

Section 1: LESSON 1

Lecture 1 Understanding the Industry

Section 2: LESSON 2

Lecture 2 Market Research & Planning

Section 3: LESSON 3

Lecture 3 Legal Considerations

Section 4: LESSON 4

Lecture 4 Building Your Network

Section 5: LESSON 5

Lecture 5 Operations and Technology

Section 6: LESSON 5

Lecture 6 Marketing and Sales

Section 7: LESSON 7

Lecture 7 Financial Management

Section 8: LESSON 8

Lecture 8 Staying Ahead of the Competition

Section 9: LESSON 9

Lecture 9 Managing Risks

Section 10: LESSON 10

Lecture 10 Scaling Your Business

Section 11: LESSON 11

Lecture 11 Customer Service

Section 12: LESSON 12

Lecture 12 Continuous Improvement

Career changers who want to transition to a new career in the logistics and transportation industry, entrepreneurs, logistics professionals and students who have recently graduated with a degree in logistics and want to become a broker.

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