Start Your Own Freight Brokerage Business

Start Your Own Freight Brokerage Business

You need to apply for broker authority with the Federal Motor Carrier Safety Administration (FMCSA). You can use the Unified Registration System to get a license known as a Motor Carrier number for interstate commercial operations. You must also get a minimum surety bond of $75,000 and insurance. You can even contact Real Estate Diary to assist you to apply for your broker authority.

File Form BOC-3 (Designation of Agents for Service of Process) to baptize process agents in every state you plan to engage. Through this process, you will be legally allowing them to accept court papers from the state on behalf of yourfreight brokerage company.

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