Brokerage History – An Overview

Stephen Patrick Day is a leading logistics executive in Houston and guides Logistics Group International (LGI) in efforts to assist clients in arranging freight transport throughout the United States, Mexico, and Canada. Stephen Day is a member of the Transportation Intermediaries Association (TIA), and is also a Certified Transportation Broker.

Brokers have been playing important roles in the trucking industry for decades, and their involvement can date back to the early 20th century when the industry was new. Before the last quarter of the century, however, highly strict regulations were created, and governed brokers to the point where many brokerage firms lost interest in the industry. However, drastic changes in federal transportation policy that occurred in the 1970s lifted multiple regulatory restrictions, creating entrepreneurial opportunities in the 3PL sector. 

As the industry expands, a wider range of participants is incorporated to sustain the industry. Some of the participants have certain responsibilities in common which may make their differences less obvious. However, the key participants in brokerage include shippers, freight brokers, motor carriers, import-export brokers, and freight forwarders.

Overview of the Certified Transportation Broker Program

The president and CEO of Logistics Group International (LGI), Stephen Patrick Day is an entrepreneur within the freight brokerage industry. In addition to managing LGI, Stephen Day serves as a partner with Petro Wire & Steel Limited in Houston, Texas. He holds several board memberships in the logistics industry and is a certified transportation broker.

The Certified Transportation Broker (CTB) Program is a prestigious and widely recognized certification course that trains transportation brokers to master the basic knowledge of the brokerage and transportation industry. The Transportation Intermediaries Association (TIA) presents the CTB certification to professionals who pass all three sections of the program: brokerage basics and basic business skills, traffic management and transport services contracting, and legal and regulatory issues.

The curriculum offers insight to transport brokers on how to increase business acumen, improve operational and sales skills, and better manage risk. Completing the course takes a participant to the next level: exam. This is a four-hour multiple-choice test that covers all course sections. Furthermore, participants can review course sections prior to taking the exam through the CTB Online Study Course, which lasts 17 weeks. Eligibility criteria for the CTB program includes professional experience and education in the property brokerage or logistics management sectors.

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