Transportation broker vs broker

The differences between transportation brokers and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $51,127 average annual salary of a transportation broker.

The top three skills for a transportation broker include customer service, delivery appointments and logistics. The most important skills for a broker are brokerage, financial services, and insurance products.

Transportation broker vs broker overview

	Transportation Broker	Broker
Yearly salary	$51,127	$124,861
Hourly rate	$24.58	$60.03
Growth rate	5%	5%
Number of jobs	9,784	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 66%
Average age	43	49
Years of experience	-	-

Transportation broker vs broker salary

Transportation brokers and brokers have different pay scales, as shown below.

	Transportation Broker	Broker
Average salary	$51,127	$124,861
Salary range	Between $34,000 And $74,000	Between $68,000 And $227,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Child Guidance & Family Solutions
Best paying industry	-	Insurance

Differences between transportation broker and broker education

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

	Transportation Broker	Broker
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	-	University of Southern California

Transportation broker vs broker demographics

Here are the differences between transportation brokers' and brokers' demographics:

	Transportation Broker	Broker
Average age	43	49
Gender ratio	Male, 64.1% Female, 35.9%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 5.5% Unknown, 6.6% Hispanic or Latino, 18.8% Asian, 13.4% White, 54.9% American Indian and Alaska Native, 0.7%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	13%

Differences between transportation broker and broker duties and responsibilities

Transportation broker example responsibilities.

Utilize TMS to actively manage on-time performance and automation objectives
Bid jobs for full truck load plus LTL freight.
Oversee full truck load and LTL shipments across the nation.
Negotiate cost of hire details with hundreds of logistics carriers daily ranging from small logistics companies to global supply chain organizations.
Support comprehensive business development and company growth to ensure continuous bottom line success for this transportation and logistics management company.
Verify insurance benefits/Medicaid eligibility on refer patients.

Broker example responsibilities.

Manage, lease and sell office condominiums on site.
Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
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Transportation broker vs broker skills

Common transportation broker skills

Customer Service, 21%
Delivery Appointments, 15%
Logistics, 12%
Shippers, 12%
Customer Accounts, 5%
LTL, 4%

Common broker skills

Brokerage, 17%
Financial Services, 9%
Insurance Products, 7%
Risk Management, 6%
Client Relationships, 6%
Real Estate Transactions, 5%