Report overview
Freight brokerage is a business with many participants and few clear leaders. A freight broker is someone who assists shippers with freight ready to haul by finding carriers who are qualified to haul the load.
This report aims to provide a comprehensive presentation of the global market for Freight Brokerage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Freight Brokerage. This report contains market size and forecasts of Freight Brokerage in global, including the following market information:
Global Freight Brokerage Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Freight Brokerage market was valued at US$ 59030 million in 2022 and is projected to reach US$ 82930 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Freight Brokerage key players include C.H. Robinson, Expeditors, Landstar System, TQL, etc. Global top four manufacturers hold a share about 60%.
United States is the largest market, with a share over 70%, followed by China, and Europe, both have a share about 15 percent.
In terms of product, Truckload is the largest segment, with a share about 60%. And in terms of application, the largest application is Food and Beverage, followed by Retail, Manufacturing, Auto and Industrial, etc.
We surveyed the Freight Brokerage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Freight Brokerage Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Freight Brokerage Market Segment Percentages, by Type, 2022 (%)
Truckload
LTL
Other
Global Freight Brokerage Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Freight Brokerage Market Segment Percentages, by Application, 2022 (%)
Food and Beverage
Manufacturing
Retail
Auto and Industrial
Chemical
Other
Global Freight Brokerage Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Freight Brokerage Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Freight Brokerage revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Freight Brokerage revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
C.H. Robinson
Expeditors
Landstar System
TQL
Coyote Logistics
XPO Logistics
Yusen Logistics
Echo Global Logistics
JB Hunt Transport
Worldwide Express
Hub Group
GlobalTranz Enterprises
Allen Lund
Transplace
Werner Logistics
BNSF Logistics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Freight Brokerage, market overview.
Chapter 2: Global Freight Brokerage market size in revenue.
Chapter 3: Detailed analysis of Freight Brokerage company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Freight Brokerage in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
