Customer retention costs 5-7x less than acquisition for freight brokers, yet most lose 30-40% of shippers annually. Learn 10 proven strategies – from proactive communication protocols to specialized account management – that help top brokers maintain 80%+ retention rates and significantly higher profits.
Freight market cycles occur in 2-3 year periods with four phases:Trough, Recovery, Peak, and Collapse. Learn how to identify cycle position through key indicators and implement specific broker strategies for each phase to maintain profitability regardless of market conditions.
A complete freight broker business plan requires 9 essential components from executive summary to financial projections. Learn exactly what to include in each section, startup prerequisites, and how to create financial projections that reflect industry benchmarks.
Starting a freight broker business in a down market is viable with the right approach—technology adoption, niche specialization, and minimal overhead can lead to profitability in as little as 30-45 days instead of the traditional 6-12 months.