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Freight rate analyst salary
Average freight rate analyst salary
$56,902
Understanding the Role of a Freight Rate Analyst
A Freight Rate Analyst is essential in managing transportation costs and optimizing shipping strategies. This role involves assessing freight rates, analyzing market trends, and providing pricing recommendations to enhance profitability. The average salary for a Freight Rate Analyst is $56,902 annually, translating to approximately $27 per hour. Salaries can vary significantly based on factors such as experience, location, and the specific company.
Salary Insights by Experience Level
Entry-level analysts can expect to earn lower salaries, while those with several years of experience can see substantial increases in their earnings. Factors like industry specialization and advanced analytical skills also contribute to salary growth. For instance, analysts in high-demand areas may command salaries well above the national average.
Where to Find Higher Paying Opportunities
Regions known for high logistics activity, such as California and Texas, often offer the best compensation for Freight Rate Analysts. It's also beneficial to explore roles in larger companies that may provide additional perks and higher base salaries. Analyst roles in e-commerce and supply chain management are particularly lucrative.
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Where can a Freight Rate Analyst earn more?
Freight rate analyst salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level freight rate analyst | $48,700 | $23.42 |
| Mid-level freight rate analyst | $63,500 | $30.52 |
| Senior-level freight rate analyst | $76,900 | $36.98 |
Freight rate analyst salary estimates from across the web
Average freight rate analyst salary by state
The highest-paying states for freight rate analysts are Alaska, Maryland, and Massachusetts. The lowest average freight rate analyst salary states are South Dakota, Oklahoma, and Tennessee.
- State view
- County view
Highest paying states for freight rate analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $69,092 | $33.22 |
| 2 | New Jersey | $69,234 | $33.29 |
| 3 | Maryland | $72,853 | $35.03 |
| 4 | Alaska | $80,524 | $38.71 |
| 5 | Pennsylvania | $62,069 | $29.84 |
| 6 | Vermont | $68,934 | $33.14 |
| 7 | New York | $65,472 | $31.48 |
| 8 | Washington | $67,238 | $32.33 |
| 9 | Arizona | $63,693 | $30.62 |
| 10 | Michigan | $58,632 | $28.19 |
| 11 | Texas | $67,181 | $32.30 |
| 12 | District of Columbia | $84,341 | $40.55 |
| 13 | Massachusetts | $71,539 | $34.39 |
| 14 | California | $67,963 | $32.67 |
| 15 | Ohio | $57,739 | $27.76 |
| 16 | Maine | $56,816 | $27.32 |
| 17 | Rhode Island | $65,029 | $31.26 |
| 18 | Delaware | $63,972 | $30.76 |
| 19 | Minnesota | $58,897 | $28.32 |
| 20 | Illinois | $56,219 | $27.03 |
| 21 | Nevada | $58,264 | $28.01 |
| 22 | Oregon | $59,006 | $28.37 |
| 23 | Wisconsin | $56,360 | $27.10 |
| 24 | New Hampshire | $53,373 | $25.66 |
| 25 | West Virginia | $56,122 | $26.98 |
| 26 | Georgia | $52,029 | $25.01 |
| 27 | Colorado | $55,020 | $26.45 |
| 28 | Wyoming | $53,459 | $25.70 |
| 29 | Virginia | $59,583 | $28.65 |
| 30 | Iowa | $53,267 | $25.61 |
| 31 | Kansas | $51,806 | $24.91 |
| 32 | North Carolina | $54,715 | $26.31 |
| 33 | North Dakota | $54,608 | $26.25 |
| 34 | Utah | $51,379 | $24.70 |
| 35 | Idaho | $49,362 | $23.73 |
| 36 | Louisiana | $49,995 | $24.04 |
| 37 | Kentucky | $51,619 | $24.82 |
| 38 | Hawaii | $52,299 | $25.14 |
| 39 | Indiana | $51,213 | $24.62 |
| 40 | Missouri | $50,196 | $24.13 |
| 41 | Florida | $51,275 | $24.65 |
| 42 | Oklahoma | $47,079 | $22.63 |
| 43 | Tennessee | $46,537 | $22.37 |
| 44 | South Carolina | $49,824 | $23.95 |
| 45 | Mississippi | $46,187 | $22.21 |
| 46 | Montana | $47,662 | $22.91 |
| 47 | Nebraska | $48,889 | $23.50 |
| 48 | Alabama | $46,140 | $22.18 |
| 49 | South Dakota | $47,145 | $22.67 |
| 50 | New Mexico | $48,211 | $23.18 |
| 51 | Arkansas | $44,795 | $21.54 |
Highest paying cities for freight rate analysts
The highest-paying cities for freight rate analysts are Newton, MA, Oakland, CA, and Temple, TX.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Newton, MA | $71,517 | $34.38 |
| 2 | Oakland, CA | $70,108 | $33.71 |
| 3 | Temple, TX | $67,727 | $32.56 |
| 4 | New York, NY | $65,511 | $31.50 |
| 5 | Centennial, CO | $55,012 | $26.45 |
| 6 | Atlanta, GA | $51,931 | $24.97 |
| 7 | Saint Louis, MO | $50,686 | $24.37 |
| 8 | North Charleston, SC | $49,694 | $23.89 |
| 9 | Bartlesville, OK | $46,627 | $22.42 |
| 10 | Conway, AR | $44,810 | $21.54 |
Freight rate analyst salary details
A freight rate analyst's salary ranges from $33,000 a year at the 10th percentile to $97,000 at the 90th percentile.
What is a freight rate analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $97,000 | $8,083 | $47 |
| 75th Percentile | $75,000 | $6,250 | $36 |
| Average | $56,902 | $4,742 | $27 |
| 25th Percentile | $42,000 | $3,500 | $20 |
| 10th Percentile | $33,000 | $2,750 | $16 |
Highest paying freight rate analyst jobs
The highest paying types of freight rate analysts are billing consultant, analyst, and senior billing analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Billing Coder | $37,554 | $3,130 | $18.06 | 55,376 |
| Biller | $38,333 | $3,194 | $18.43 | 35,740 |
| Billing Administrator | $39,442 | $3,287 | $18.96 | 71,952 |
| Medical Billing Clerk | $33,566 | $2,797 | $16.14 | 164,870 |
| Billing And Insurance Coordinator | $41,141 | $3,428 | $19.78 | 67,385 |
| Billing Representative | $35,002 | $2,917 | $16.83 | 95,425 |
Top companies hiring freight rate analysts now:
Which companies pay freight rate analysts the most?
Freight rate analyst salaries at Cass Information Systems and Artco are the highest-paying according to our most recent salary estimates. In addition, the average freight rate analyst salary at companies like Koch Supply & Trading and S&P; Global are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Cass Information Systems | $79,353 | $38.15 |
| 2 | Artco | $59,174 | $28.45 |
| 3 | Koch Supply & Trading | $59,174 | $28.45 |
| 4 | S&P Global | $58,915 | $28.32 |
| 5 | Hire Velocity | $58,868 | $28.30 |
| 6 | Addison Group | $58,223 | $27.99 |
| 7 | IntelliTrans | $58,127 | $27.95 |
| 8 | FedEx | $56,463 | $27.15 |
| 9 | Cambridge Systematics | $54,711 | $26.30 |
| 10 | Robert Half | $54,629 | $26.26 |
| 11 | Rheem Manufacturing | $52,127 | $25.06 |
| 12 | RH | $47,021 | $22.61 |
Wage gap by gender, race and education
Freight Rate Analyst salary by industry
The average freight rate analyst salary varies across industries:
- The average freight rate analyst salary in the energy industry is $63,317, the highest of any industry.
- The average freight rate analyst salary in the finance industry is $61,225.
- Freight rate analysts in the transportation industry earn an average salary of $50,278, the lowest of any industry.
Highest paying industries for freight rate analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Energy | $63,317 | $30.44 |
| 2 | Manufacturing | $61,225 | $29.44 |
| 3 | Finance | $59,232 | $28.48 |
| 4 | Utilities | $59,079 | $28.40 |
| 5 | Transportation | $50,278 | $24.17 |
High paying freight rate analyst jobs
Freight rate analyst salary trends
The average freight rate analyst salary has risen by $9,644 over the last ten years. In 2014, the average freight rate analyst earned $47,258 annually, but today, they earn $56,902 a year. That works out to a 10% change in pay for freight rate analysts over the last decade.
Compare freight rate analyst salaries for cities or states with the national average over time.
Average freight rate analyst salary over time
Compare freight rate analyst salaries for individual cities or states with the national average.
Freight rate analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $56,900 | $27.36 | +2.1% |
| 2025 | $55,700 | $26.77 | +2.4% |
| 2024 | $54,300 | $26.12 | +2.5% |
| 2023 | $53,000 | $25.47 | +1.9% |
| 2022 | $52,000 | $24.98 | +3.0% |
Recently added freight rate analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Amazon.com, Inc. | Freight Audit Payment Analyst, Iscap-VAR | Austin, TX | 06/11/2025 | $71,500 |
| Hmm21 | Freight Forwarding Analyst | Irving, TX | 02/18/2025 | $43,827 |
| Us Bank | Freight Rating Analyst | Naperville, IL | 01/30/2025 | $68,850 |
| Fns, Inc. | Ocean Freight Analyst | Carson, CA | 01/26/2025 | $48,000 |
| The TJX Companies, Inc. | Freight Payment Analyst | Marlborough, MA | 12/14/2024 | $66,500 |
| Saputo | International Freight Analyst | Milwaukee, WI | 11/23/2024 | $70,050 |
| Saputo | International Freight Analyst | Milwaukee, WI | 10/24/2024 | $70,050 |
| Saputo | International Freight Analyst | Milwaukee, WI | 09/28/2024 | $70,050 |
| Trane Technologies Plc | Freight Payment Analyst | Davidson, NC | 09/11/2024 | $95,000 |
| Ryder System Inc. | Freight Brokerage Analyst | Atlanta, GA | 09/10/2024 | $85,000 |
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