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Freight Forwarder Business Startup: How to Start, Run & Grow a Successful Freight Forwarding Business Paperback – February 2, 2017

3.9 3.9 out of 5 stars 84 ratings

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Freight Forwarder Business Startup

How to Start, Run & Grow a Successful Freight Forwarding Business

The global freight forwarding market has been seeing a steady growth of around 5% for last four years in a row now. This trend is expected to continue and grow bigger. With all the new trade deals like TPP (Trans-Pacific Partnership), TAP (Trans-Atlantic Partnership) and many other similar trade deals between countries are bringing the whole world into one marketplace.

According to Transportation Intelligence, a leading logistics research firm, in 2013 the freight forwarding industry was at 129 Billion, but as of today, it has grown by another 16-20 billion more.

This is an industry that in my opinion still in its infancy, with TPP, TAP and many other global trade agreements, the need for such services will grow higher every year.

Another rapid growth I see in this business is from all the Amazon FBA(Fulfilled By Amazon) business owners, most of who buy their merchandise from China. Now Amazon never accepts merchandise directly from a foreign country, so each and every piece of merchandise has to come through a freight forwarder/broker. This way the merchandise can get relabeled and shipped to various Amazon warehouses.

In This Book You Will Learn:

  • What is a Freight Forwarder
  • What Is Freight Forwarding Business
  • Types of Freight Forwarders
  • Steps To Becoming A Freight Forwarder
  • How to get started
  • How and Where to Get Trained
  • What Courses You Should Take
  • How To Setup Your Business
  • Legal Factors
  • Freight Forwarder Licenses
  • Steps to FMCSA Registration
  • Insurance Requirements
  • Running a Freight Forwarding Business
  • Trading Condition and Limiting Liability
  • How To Promote & Grow Your Business
  • The Elements of Price Quote
  • Links to all forms and applications

But one word of caution, please don’t think reading this book will be enough to get started as a freight forwarder, it takes some training either on the job (like I did) or formal school or online training to get started in this business. In this book, I shared some of the resources that are available for you to get started.

If you are thinking about getting into this business, trust me when I say this, there is not a better time than now to get started. Do your research, get educated, get started.

Good luck!

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Editorial Reviews

About the Author

In 1995, three years after graduating high school and enrolled in MGCCC (Mississippi Gulf Coast Community College) to study business, but after two semesters, I lost my motivation and drive to finish school. Around that time I got a job at a mid-size freight brokerage company in New Orleans as a data entry clerk. I was getting paid $7.50 an hour and had a desk and a chair, much better than doing landscaping work that I did for two long years. Once I started, I started liking the industry and started learning the ropes. By 2001, I had two promotions, and I was working as an associate broker, dealing mostly with clients in the mid-west regions. Fast forward two more years, I was transferred to their new business wing of freight forwarding division as the lead manager. In just 18 months I shaped their freight forwarding company and took it to a new level where the revenue increase was 217% over previous two years. By then I knew this was what I was meant to do, and around the end of 2008, I gave my notice and left my job right before Christmas. In March of 2009, I opened up my own freight brokerage and forwarding company. Since I knew both ends of this business, I knew having both wings I can entertain a large client base. Lo behold, in June of 2014, I got an offer from a large logistics brokerage company that showed interest in buying my business, it was an offer I just could not refuse, we closed the deal in just three months. The only drawback to the deal was where I had to sign a non-compete agreement with them, which meant I could not open, operate or work for any other freight brokerage or logistics related company for next five years. But the agreement never said I couldn't write a book about it. So here I am.

Product details

  • Publisher ‏ : ‎ CreateSpace Independent Publishing Platform (February 2, 2017)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 98 pages
  • ISBN-10 ‏ : ‎ 1542905184
  • ISBN-13 ‏ : ‎ 978-1542905183
  • Item Weight ‏ : ‎ 5 ounces
  • Dimensions ‏ : ‎ 6 x 0.23 x 9 inches
  • Customer Reviews:
    3.9 3.9 out of 5 stars 84 ratings

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Allen McCarthy
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Customer reviews

3.9 out of 5 stars
84 global ratings

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Customers say

Customers find the book provides good general information about the freight business and starting a business. They find it easy to read and understand, with acceptable writing and presentation. However, some editing issues were noted.

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11 customers mention "Information quality"11 positive0 negative

Customers find the book provides good general information about the freight business and starting a business. They find it useful for beginners, though some feel it lacks detail.

"...guide to freight forwarding, including all the necessary prerequisites for starting and growing a successful business." Read more

"...Easy read as well. This writer speaks to you and provides fundamental deails." Read more

"Nice book to read to educate you about freight forwarding. The author sheared his experience in establishing a new FF co...." Read more

"...understand anything I didn’t already know - it gives general information about starting a business and lots of acronyms (explained at end of book),..." Read more

4 customers mention "Readability"4 positive0 negative

Customers find the book easy to read, with good outlines and information. The writing and presentation are acceptable, though some editing issues are noted.

"...The writing and presentation were acceptable as were several of the ideas. The weighting given to different topics was out of balance...." Read more

"Comprehensive book on starting a freight forwarding business! Easy read as well. This writer speaks to you and provides fundamental deails." Read more

"...Overall, decent reading material. Quick read." Read more

"Good information, good outlines, but several eyebrow-raising editing misses." Read more

Top reviews from the United States

  • Reviewed in the United States on February 29, 2024
    This book provides a comprehensive guide to freight forwarding, including all the necessary prerequisites for starting and growing a successful business.
  • Reviewed in the United States on September 29, 2018
    The growing segment of freight delivery is well served by the freight forwarder. Distinct from a broker, the freight forwarder provides a chain of custody for shipments that can give the shipper added value. Matching its opportunity is a complexity that demands experience, applied study and persistence.

    The writing and presentation were acceptable as were several of the ideas. The weighting given to different topics was out of balance. There were whole chapters to regulation and one page on how to market the business. While regulation deserves whole chapters to be sure, getting your contact list and job volume off the ground deserves much more than the scant attention it receives. This is not a book on creating a startup, it is a book about being in regulatory compliance as a freight forward and is not a complete tutorial for a new entrant by any means.

    Cautiously recommend.
  • Reviewed in the United States on January 21, 2018
    Comprehensive book on starting a freight forwarding business! Easy read as well. This writer speaks to you and provides fundamental deails.
    One person found this helpful
    Report
  • Reviewed in the United States on May 25, 2019
    Nice book to read to educate you about freight forwarding.

    The author sheared his experience in establishing a new FF co.

    Some good hints in there as well.
  • Reviewed in the United States on June 20, 2020
    I purchased this book because I want to figure out the freight forwarding business; my husband owns a company and I want to help it grow. This book did not help me understand anything I didn’t already know - it gives general information about starting a business and lots of acronyms (explained at end of book), but most of the information would be useful for starting any business. I wanted something a little more in depth, not what I got.
  • Reviewed in the United States on October 3, 2020
    Nice!
  • Reviewed in the United States on March 2, 2022
    I was expecting a little more but this is what you get ........looking for something deeper. Something that really gets into the nooks and cranny of the business. Proper form processing and the like. Overall, decent reading material. Quick read.
    One person found this helpful
    Report
  • Reviewed in the United States on August 2, 2019
    This is Exactly the starting point

Top reviews from other countries

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  • Iulia Florentina Anghel
    5.0 out of 5 stars Muy bien
    Reviewed in Spain on December 10, 2024
    Muchísima información muy interesante
    Report
  • Ryan
    1.0 out of 5 stars Limited Information, not worth the price
    Reviewed in Canada on May 5, 2017
    This book is a joke. It is simply a list of courses and licenses that need to be completed. Do not buy this, this is a cash grab. Very little useful information.
  • Amazon Customer
    1.0 out of 5 stars May b good for USA
    Reviewed in India on October 16, 2018
    May be Suitable for US users... that to I doubt..
    As an Indian it did not add value to me
  • T. Lass
    1.0 out of 5 stars Speaks so generally of the subect that you are better off gooling up on freight forwarding online and reading ...
    Reviewed in the United Kingdom on May 24, 2017
    Absolutely rubbish. Speaks so generally of the subect that you are better off gooling up on freight forwarding online and reading the generic articles. Waste of £4 for the kindle download. Would have been better off buying ice cream with that money and I recommend you pass this purchase as well.
  • Rocío Martínez
    5.0 out of 5 stars Tons of info!!
    Reviewed in Spain on February 7, 2017
    I have been interested in learning about this business for a while now, I have learned how lucrative this industry has been getting through a neighbor of ours, but unfortunately he won’t share much about how to get started in this line of work. I was glad to find this book on a free promotion, tons of info and shows a clear path on how to get into it. I appreciate the author’s honesty. Thanks!