Track 03 · Intermediate
Freight broker training: authority, compliance and fraud control.
What a freight broker legally is, how to get and keep broker authority, and how to run loads without getting burned by fraud. Taught from the regulations, not from a sales funnel.
Who this course is for
Dispatchers who want to understand the broker side, people planning their own brokerage, and anyone who needs to know exactly where dispatching ends and brokering begins.
What you'll be able to do
- Explain the legal definition of a broker and the bona fide agent exception
- Walk through broker registration: MC authority, BMC-84/85, BOC-3, UCR
- Vet and onboard a carrier and spot the red flags of identity fraud
- Set up broker-shipper and broker-carrier agreements
- Run a load from the broker side, including claims and accessorials
Curriculum
Module 1: Broker vs dispatcher: the real difference
- What a broker legally is, and why authority is the dividing line
- The broker's place between shipper and carrier
Module 2: Getting broker authority
- FMCSA broker authority (MC number) and the application
- The BMC-84 surety bond ($75,000) vs a BMC-85 trust
- BOC-3 process agents, UCR and ongoing compliance
Module 3: Setting up the brokerage
- Broker-shipper and broker-carrier agreements
- Carrier vetting and onboarding: authority, insurance, safety
- Credit, factoring and cash flow
Module 4: Fraud and risk
- Double brokering and identity fraud
- Vetting tools, red flags and protecting your bond
- Cargo claims, OS&D and liability
Module 5: Finding and keeping shippers
- Prospecting shippers and the sales side
- Pricing freight and building margin
- Co-brokering and carrier relationships
Module 6: Running loads as a broker
- Posting, covering and tracking loads
- Rate cons, BOL and accessorials from the broker side
- Ethics, reputation and industry bodies (TIA)
Capstone: Vet a carrier and cover a load as a broker
- A guided, practical exercise that proves the skill. Finish it to earn the operator's seal.
How it's taught
Every legal point is taught from the regulation (49 CFR Part 371 and 387, FMCSA guidance) with the source linked, so you can check it yourself. Fraud is taught with real patterns and the checks that catch them.
Freight Brokerage course FAQ
How much is the freight broker bond?
Brokers must file proof of $75,000 in financial security with FMCSA, usually as a BMC-84 surety bond or a BMC-85 trust fund (49 CFR 387.307). What you pay for a surety bond is a yearly premium that depends on your credit and history.
Is a dispatcher a broker?
Not if they act only as the carrier's agent. If a dispatcher negotiates directly with shippers, takes payment from the broker or factoring company, or decides which of several carriers gets a load, FMCSA guidance says they need broker authority. Read our guide: dispatcher vs freight broker.
Can I get broker authority from outside the U.S.?
Foreign-based companies can apply to FMCSA, but requirements differ and you need a U.S. process agent (BOC-3), the bond and usually U.S. banking. The course explains the steps; for your own case, check with FMCSA or a transportation attorney.