CFB Study Guide 2026

Everything you need to pass the CFB exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 CFB Exam Format at a Glance

100
Questions
120 min
Time Limit
70.00%
Passing Score

📚 CFB Topics to Study (32)

✍️ Sample CFB Questions & Answers

1. Which best describes the role of a 'shipper of record' concept relevant to a freight broker's career knowledge?
The legal entity responsible for the shipment that appears on the bill of lading

The shipper of record is the legal entity named on the bill of lading as responsible for the shipment, a key compliance concept for brokers.

2. What is the primary goal of a freight broker during the initial sales call with a prospective shipper?
Identify the shipper's lanes, volume, and pain points to offer a tailored solution

The initial sales call is a discovery process where the broker learns the shipper's specific lanes, freight characteristics, volume, and service challenges to propose relevant solutions.

3. A freight broker operating in California must comply with which additional state-level licensing requirement not mandated at the federal level?
Registration with the California Public Utilities Commission (CPUC)

California requires intrastate freight brokers to register with the CPUC in addition to holding FMCSA authority for interstate operations.

4. A freight brokerage firm expanding into managed transportation services is MOST likely targeting which client segment?
Mid-to-large shippers seeking to outsource their logistics operations

Managed transportation services target mid-to-large shippers who want to outsource their logistics function to a third party.

5. Which factor MOST influences a freight broker's earning potential in the US market?
The size and quality of their shipper and carrier network

A broker's earnings are directly tied to the volume and quality of relationships they maintain with shippers and carriers.

6. How should risk be managed in Freight Brokerage Fundamentals?
Through identification, assessment, mitigation strategies, and ongoing monitoring of potential risks

Effective risk management involves a systematic process of identifying, evaluating, and addressing potential threats.

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Your CFB Study Path
1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation