Freight broker vs freight forwarder

The differences between freight brokers and freight forwarders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a freight broker has an average salary of $52,390, which is higher than the $38,215 average annual salary of a freight forwarder.

The top three skills for a freight broker include TMS, logistics and FTL. The most important skills for a freight forwarder are supply chain, customer service, and booking.

Freight broker vs freight forwarder overview

	Freight Broker	Freight Forwarder
Yearly salary	$52,390	$38,215
Hourly rate	$25.19	$18.37
Growth rate	5%	-3%
Number of jobs	7,528	6,961
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 48%
Average age	43	43
Years of experience	-	-

Freight broker vs freight forwarder salary

Freight brokers and freight forwarders have different pay scales, as shown below.

	Freight Broker	Freight Forwarder
Average salary	$52,390	$38,215
Salary range	Between $35,000 And $77,000	Between $27,000 And $54,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between freight broker and freight forwarder education

There are a few differences between a freight broker and a freight forwarder in terms of educational background:

	Freight Broker	Freight Forwarder
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	-	-

Freight broker vs freight forwarder demographics

Here are the differences between freight brokers' and freight forwarders' demographics:

	Freight Broker	Freight Forwarder
Average age	43	43
Gender ratio	Male, 64.6% Female, 35.4%	Male, 55.1% Female, 44.9%
Race ratio	Black or African American, 5.3% Unknown, 6.6% Hispanic or Latino, 16.2% Asian, 12.9% White, 58.3% American Indian and Alaska Native, 0.7%	Black or African American, 6.1% Unknown, 7.0% Hispanic or Latino, 23.6% Asian, 18.0% White, 44.5% American Indian and Alaska Native, 0.8%
LGBT Percentage	11%	11%

Differences between freight broker and freight forwarder duties and responsibilities

Freight broker example responsibilities.

Manage EDI transmit pricing on orders from customers.
Manage, inspect, photograph, and create reports biweekly for U.S. department of HUD and Fannie Mae assign properties.
Book dry and refrigerate freight for FTL and LTL loads.
Specialize in working with power only units and flat beds experience in working with FTL, and LTL shipments.
Create, develop and retain business relationships with shippers.
Provide RFP's for large company customers

Freight forwarder example responsibilities.

Maintain relationships with customs brokers and freight forwarders and assist in reviewing such service providers.
Book material RO/RO, LCL, and FCL loads on ocean line carrier for international delivery.
Maintain TSA clearance in order to ship freight on passenger airlines.
Use LogiSuite to create airway bills & TSA documents for cargo exports.
Communicate with U.S. Customs and FDA officials when necessary to expedite the exam process.
Negotiate rates and contracts with air freight agents as well as LTL and FTL base carriers

Freight broker vs freight forwarder skills

Common freight broker skills

TMS, 19%
Logistics, 18%
FTL, 17%
Shippers, 12%
LTL, 4%
Freight Carriers, 4%

Common freight forwarder skills

Supply Chain, 23%
Customer Service, 18%
Booking, 14%
Import Export, 8%
Delivery Orders, 6%
AES, 6%