MLchartDataset catalogue

Freight broker

Term · Insurance and risk management · MLC-T-INS-001594

An intermediary who connects shippers with carriers to arrange for the transportation of goods. Freight brokers do not own the vehicles or directly transport the cargo but facilitate the logistics and negotiation between parties. They typically earn a commission on the freight charges and must be licensed by regulatory bodies such as the Federal Motor Carrier Safety Administration (FMCSA).

Table 1. Record
IdentifierMLC-T-INS-001594
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001594",
  "term": "Freight broker",
  "field": "Insurance and risk management",
  "definition": "An intermediary who connects shippers with carriers to arrange for the transportation of goods. Freight brokers do not own the vehicles or directly transport the cargo but facilitate the logistics and negotiation between parties. They typically earn a commission on the freight charges and must be licensed by regulatory bodies such as the Federal Motor Carrier Safety Administration (FMCSA).",
  "url": "https://mlchart.com/terminology/insurance/freight-broker/"
}

Record 1,471 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.