If you’re thinking about starting a career in the US transportation or logistics industry, consider becoming a freight broker.
Wyoming freight brokers are important components of the state and national supply chain.
They act as the link between suppliers and carriers that help keep goods rolling.
Becoming a freight broker in Wyoming isn’t a complicated process, but it does require attention to detail and planning.
Below we discuss freight broker duties, licensing requirements, and where to get freight broker training in Wyoming.
Later we answer a few FAQs about what it takes to become a successful broker in Wyoming.
Table of Contents
Freight Broker Duties in Wyoming
Freight brokers are great at multitasking.
This is because they have a multi-faceted role that requires them to carry out a series of essential duties to keep things in motion.
Here are a few examples:
Finding Work
Freight brokers operate as independent contractors, meaning they must find their own work.
New brokers must learn how to track shipping, and carrier leads to secure their first and future clients.
Online training programs offering industry training along with customer service and marketing training can help new brokers increase their earnings.
Shipping and Transportation
One of the primary duties of Wyoming brokers is to secure shipping and carrier contracts.
They earn their fees through commissions customarily paid by the carrier.
Brokers are responsible for the end-to-end transport of bulk cargo loads and ensuring all parties adhere to state and federal transportation regulations.
Documentation and Paperwork
Many freight brokers spend the bulk of their time managing paperwork, contracts, and other licensing documents to transport loads legally.
They are responsible for managing and producing paperwork related to all shipments and logistics scenarios they are a part of.
Communication and Tracking
The work of today’s freight brokers doesn’t end with securing loads.
They also use technology and sophisticated equipment to track and monitor loads from pickup to delivery.
Brokers communicate important route details, changes, and updates to shippers and carriers to ensure that all parties are always on the same page and that they can pinpoint the location of the cargo.
Wyoming Freight Broker Licensing Requirements
There are a few steps for prospective Wyoming freight brokers to take to become licensed to transport commercial goods across the country and state.
The first step is to become licensed and registered with the Federal Motor Carriers Safety Administration.
They work with the US Department of Transportation to ensure that all transporters of commercial goods are licensed, registered, and in legal compliance.
Brokers must complete an application and pay the respective application fee to request licensure.
Upon approval, new brokers will be issued a Motor Carrier Authority license which authorizes them to transport goods according to its regulations.
Licensed brokers will also be required to get a business license and other relevant licenses and insurance, like surety bonds, to act as official brokers in the state.
Programs and Training
Becoming a freight broker in Wyoming requires no formal education or training outside of completing a high school diploma or equivalent program.
Prospective brokers who want to learn more about shipping, logistics, and running a freight broker business can take online continuing education courses to brush up on critical skills and learn about licensing regulations and procedures.
Online vocational education providers offer a variety of online training programs.
These self-paced programs can be completed in as much as six months or in as little as 30 days.
Salary
While some brokers make hundreds of thousands per year, Salary.com reports that Wyoming freight brokers make close to the national average, which is just over $35,000 per year.
Brokers who want to make more money can increase their salaries by investing in continuing education programs and improving their marketing skills.
Annual Salary Range:Location | Avg. Annual Salary |
---|---|
Cheyenne | $44,077 |
Casper | $44,948 |
Laramie | $44,008 |
Gillette | $42,846 |
Rock Springs | $44,824 |
Sheridan | $45,399 |
Green River | $44,824 |
Evanston | $44,824 |
Riverton | $44,229 |
Cody | $45,399 |
Frequently Asked Questions
Who issues freight broker licenses in Wyoming?
The US Department of Transportation and the Federal Motor Carriers Safety Administration work together to provide licensing and registration credentials for Wyoming freight brokers.
New brokers can complete the freight broker license application and pay the relevant processing fees online to begin the process.
Wyoming brokers will also need to contact their local authority and the Wyoming Department of Transportation to ensure local compliance.
Do I need a degree to become a freight broker in Wyoming?
No.
There are no formal education requirements for becoming a freight broker in Wyoming.
Many new brokers still take online training classes to learn how to open and operate a freight broker business legally and remain competitive.
Online training classes can teach prospective brokers about business basics, how to spot industry trends, how to market your freight broker business, and managing customer service.
How much do freight brokers make in Wyoming?
Most Wyoming freight brokers make close to the national average for brokers, which is right around $35,000.00 per year.
This salary figure represents an average that can be affected by factors such as time in the industry, continuing education, commission negotiations, and securing premium contracts.
Freight Broker Info by State
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