Freight Forwarding Brokerages & Agencies in the US - Market Research Report (2014-2029)

Chugging along: Increased consumer spending and e-commerce will bolster freight volumes

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The industry, which arranges freight transportation between shippers and carriers, has experienced climbing demand as rising economic activity has bolstered consumer spending. E-commerce sales and industrial output levels have each ascended, boosting domestic freight volumes as a result and generating demand for freight brokerage services from manufacturers and online retailers. As total US trade volumes have accelerated, so has demand for international freight services requiring brokerages' services.

Companies in this industry arrange the transportation of freight between shippers and carriers. These operators are usually known as freight forwarders, marine shipping agents or customs brokers, and they offer services for many modes of transportation. Because operators act as agents, the industry does not include the cost of arrangement as part of its revenue.