MBA6231-101-u06a1-SultanaN.doc - Sultan Logistics Executive Summary Executive Summary Project Name Sultan Logistics Prepared By Nargish Sultana Date 1

MBA6231-101-u06a1-SultanaN.doc - Sultan Logistics Executive...

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Sultan Logistics Executive Summary Executive Summary Project Name: Sultan Logistics Prepared By: Nargish Sultana Date: (03/25/2018) 1. Project Background A freight brokerage can be an individual or company that matches shippers with transportation services in order to transport goods. When a manufacturer has a truckload of goods to get to market, freight brokers find a transportation service that can get that cargo to a specific location via a motor carrier. Freight brokers work with shippers and transportation carriers to help them make a profit in moving cargo and, in return, receive a commission for their services. In order to negotiate deals, brokers must meet certain requirements such as be licensed from the Federal Motor Carrier Safety Administration (FMCSA). In this project we will establish Sultan Logistics as a freight brokerage with a single broker (myself). Most freight brokerage brokers work from home, have flexible hours, and have the potential to earn as little or as much as one wants. For these reasons starting this entrepreneurial venture makes perfect sense for me. Prerequisites to starting this project includes obtain information about freight brokerage industry by networking with established brokers via forum & personal contacts and obtaining a financial backer to cover cost of staring the business. This completion of this project is dependent on several milestones, all of which
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