Freight broker startup costs

Every amount below is an example or placeholder. Get real quotes, especially for your bond, which depends on your credit.

One-time and yearly costs

FMCSA registration fee ($)Bond premium for the $75,000 BMC-84 ($ a year) (depends on credit)BOC-3 process agent filing ($)UCR registration ($) (check the current fee)Business setup: LLC, EIN, bank ($)Contingent cargo and liability insurance ($ a year)Other one-time costs ($)

Monthly costs

Broker software (TMS) ($)Load board subscription ($)Marketing and leads ($)Phone and email ($)Months of costs to keep in reserve

Estimated cash to start

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One-time and yearly costs: –
Monthly costs: –
Reserve for monthly costs: –

Many brokers also need working capital to pay carriers before shippers pay.

Your next step

Want someone to book your loads?Request a vetted dispatcher, free for carriers.Find a dispatcher Coverage brokers requireMost brokers want $1M liability and $100K cargo.Check my coverage

Freight broker startup costs

One-time and yearly costs

Monthly costs

Your next step

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