The US Freight Brokerage Market Report is Segmented by Service (FTL and More), by Equipment / Trailer Type (Dry Van and More), by Haul Length (Long-Haul and More), by Business Model (Traditional Freight Brokerage and More), by End User (Manufacturing and More), by Customer Size (Large Enterprise and More), and by Geography (Northeast and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

US Freight Brokerage Market size was valued at USD 3.53 Billion in 2024 and is projected to reach USD 41.76 Billion by 2032, growing at a CAGR of 36.20% from 2026 to 2032.• Growth in E-commerce and Retail Trade: The relentless surge in e-commerce and online retail continues to be a primary growth engine for the US freight brokerage market. As consumers increasingly opt for online shopping, the demand for faster, more flexible, and reliable delivery services has skyrocketed.• Digitalization and Technology Adoption: The widespread adoption of digitalization and advanced technologies is revolutionizing the freight brokerage sector, attracting both shippers and carriers with enhanced efficiency and transparency. Modern freight platforms leverage cutting-edge tools such as real-time tracking, artificial intelligence for route optimization, and automation for administrative tasks, significantly streamlining operations.

The US FTL Freight Brokerage Market Report is Segmented by End-User (Manufacturing and Automotive, Oil and Gas Mining and Quarrying, Agriculture Fishing and Forestry, Construction, Distributive Trade, and More), Equipment Type (Dry-Van, Refrigerated Reefer, Flatbed Heavy-Haul, Tanker Bulk, and More), Freight Type (General Freight, Refrigerated Freight), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

Freight Brokerage Market Size 2024-2028

The freight brokerage market size is forecast to increase by USD 17.6 billion, at a CAGR of 5.69% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing global demand for transportation and logistics services. This expansion is influenced by the presence of Free Trade Agreements and trade blocs at the global level, which foster international trade and the need for efficient freight management. The consolidation of the global shipping industry further intensifies market competition, as larger players seek to optimize their operations and offer comprehensive logistics solutions. However, the market faces challenges, including regulatory complexities and the need for technological innovation to streamline processes and enhance customer service.
Companies looking to capitalize on market opportunities must navigate these challenges effectively, focusing on regulatory compliance and investing in advanced technologies to improve operational efficiency and meet evolving customer expectations.

What will be the Size of the Freight Brokerage Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free Sample

The market continues to evolve, driven by dynamic market conditions and advancing technologies. Freight auctions and exchanges facilitate load matching through sophisticated algorithms, optimizing carrier network management and logistics operations. Cloud computing and digital freight platforms streamline data integration, enabling real-time business intelligence (BI) and route optimization. Seamless integration of brokerage fees, automated rate quotes, and software-as-a-service (SaaS) solutions enhances supply chain optimization, customs brokerage, and compliance regulations. Capacity planning, domestic shipping, and fleet management are optimized through data analytics and freight rate negotiation. Ocean freight, less-than-truckload (LTL), and intermodal transportation are transformed by advanced technologies, including real-time data analytics, fuel optimization, and API integration.

Time-sensitive shipments, tracking and visibility, and regulatory compliance are addressed through digital solutions. Environmental sustainability, hazardous materials handling, parcel shipping, and cross-border shipping are also influenced by these technological advancements. Industry associations and professional certifications ensure adherence to safety standards, while blockchain technology enhances data security. Freight forwarding, oversized cargo handling, and insurance coverage are further optimized through these innovative solutions. Air freight, rail freight, and compliance with safety regulations continue to shape the freight brokerage landscape.

How is this Freight Brokerage Industry segmented?

The freight brokerage industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Service

  LTL
  FTL
  Temperature-controlled freight
  Others


Mode Of Transportation

  Road
  Inland waterways and coastal shipping
  Others


Geography

  North America

    US


  Europe

    France
    Germany


  APAC

    China
    Japan


  Rest of World (ROW)

By Service Insights

The ltl segment is estimated to witness significant growth during the forecast period.

The Less-Than-Truckload (LTL) freight market is characterized by the use of carrier networks and logistics management systems, enabling cost-effective solutions for shipping small quantities of goods. These systems facilitate the integration of real-time data analytics and business intelligence for optimizing supply chain operations. LTL freight can be transported via various modes, including roadways, railways, airways, and waterways, with trucks offering the flexibility of faster delivery and last-mile services. Freight exchanges and auctions, powered by digital platforms and load matching algorithms, streamline the process of connecting shippers with available carriers. Industry associations and professional certifications ensure regulatory compliance and safety standards, while carrier network management tools optimize capacity planning and freight rate negotiation.

Cloud computing enables the integration of various services, such as automated rate quotes, API integration, and software-as-a-service (SaaS) solutions, further enhancing operational efficiency. Time-sensitive shipments, hazardous materials handling, and international shipping require specialized services, including customs brokerage and compliance regulations. Fuel optimization, freight claims, and insurance coverage are essential considerations for

The global freight brokerage market size reached nearly USD 59.62 Billion in 2024. The market is estimated to grow at a CAGR of 5.90% between 2025 and 2034, reaching a value of around USD 105.77 Billion by 2034.

The US Freight Brokerage report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

The United States freight brokerage market reached a value of nearly USD 17.50 Billion in 2024. The market is projected to grow at a CAGR of 8.60% between 2025 and 2034 to attain around USD 39.93 Billion by 2034.

This statistic illustrates the freight brokerage penetration rate in the United States from 2000 to 2018. In 2018, the freight brokerage penetration rate in the United States stood at 19 percent, up from 17 percent in the previous year.

The size of the United States Freight Brokerage Market market was valued at USD 17.96 Million in 2023 and is projected to reach USD 31.49 Million by 2032, with an expected CAGR of 8.35% during the forecast period. Recent developments include: August 2023: Digital logistics provider and freight brokerage Convoy unveiled an offering for just-in-time (JIT) trucking, with a pledge of delivery within 15 minutes of the set arrival time. Convoy spotted an opening for a more flexible service that gives shippers the ability to scale up and down in response to fast-changing conditions. Its new JIT service leverages a network of over 400,000 trucks and the IT infrastructure to find matching carriers to meet specific shipper requirements., February 2023: Echo Global Logistics Inc. (Echo), one of the leading providers of technology-enabled transportation and supply chain management services, launched EchoInsure+, a new and integrated, full-coverage cargo insurance product offered exclusively to Echo’s clients. By partnering with insurance group Falvey, EchoInsure+ offers an easy way for clients to access best-in-class protection for their LTL shipments through EchoShip, Echo's proprietary online shipping platform, and Echo’s representatives.. Key drivers for this market are: 4., Growing Construction Across the Country4.; The Growing Number of Freight Brokers Across the Country. Potential restraints include: 4., Rerouting of Cargo and Other Factors4.; Reducing Freight Imports Across the Country. Notable trends are: FTL Service Has Gained Momentum in the Country in Recent Years.

Market Size statistics on the Freight Forwarding Brokerages & Agencies industry in the US

The North America Freight Brokerage Services Market Report is Segmented by Service (Full-Truckload, and More), Equipment/Trailer Type (Dry Van, and More), Haul Length (Long-Haul, and More), Business Model (Traditional, and More), End-User Industry (Manufacturing & Automotive, and More), Customer Size (Large Enterprise, and More), and Geography (United States, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Freight Brokerage market size will be USD 92.41 Billion by 2030. Freight Brokerage Industry's Compound Annual Growth Rate will be 6.17% from 2023 to 2030.

With an estimated net revenue of around *** billion U.S. dollars, C.H. Robinson was the largest freight brokerage firm in North America based on net revenue in 2025. Total Quality Logistics ranked second with a net revenue of some *** billion U.S. dollars. C.H. Robinson C.H. Robinson is a transportation and third-party logistics company headquartered in Minnesota. Providing several services such as freight transportation and transportation management worldwide, they generated revenue of **** billion U.S. dollars in 2022. As the biggest freight brokerage firm in the world, they had around ****** workers worldwide in that year. Most of their net revenue came from their truckload segment. Freight transportation in the U.S. Freight transportation uses several different modes of movement. In the U.S, the market predominantly uses trucks to fulfill services. Truckloads and private truckloads have the biggest market size. The most common commodities transported are natural gas, coke, and asphalt. Others included gravel, gasoline, and cereal grains.

The U.S. Freight Brokerage report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

United States Freight Brokerage Market size was valued at USD 92.56 Billion in 2024 and is projected to reach USD 148.78 Billion by 2032, growing at a CAGR of 6.1% from 2026 to 2032.United States Freight Brokerage Market DynamicsThe key market dynamics that are shaping the U.S. freight brokerage market include:Key Market DriversGrowth in E-commerce and Online Retail: The expansion of e-commerce and online retail continues to drive demand for freight brokerage services in the United States. According to the US Census Bureau, e-commerce sales reached $1.03 trillion in 2022, up 9.1% from 2021. As online shopping becomes more popular, the demand for effective freight solutions to handle increased product volumes and faster delivery times drives market growth.

The global digital freight brokerage market size was USD 3.97 billion in 2024 & is projected to grow from USD 5.21 billion in 2025 to USD 45.99 billion by 2033.
Report Scope:

US FTL Freight Brokerage Market size was valued at USD 57 Billion in 2024 and is projected to reach USD 113.94 Billion by 2032, growing at a CAGR of 8% from 2025 to 2032.

Key Market Drivers:

E-commerce Growth and Supply Chain Complexity: The rapid expansion of e-commerce has increased the demand for FTL freight brokerage services as businesses seek efficient ways to manage complex supply chain networks. U.S. e-commerce sales reached $1.09 trillion in 2023, representing a 15.6% increase from the previous year and accounting for 21.4% of total retail sales. According to the U.S. Census Bureau's Quarterly E-Commerce Report 2023, the sustained growth in e-commerce has fundamentally transformed supply chain demands, with over 75% of large retailers increasing their reliance on freight brokers to manage FTL shipments compared to direct carrier relationships.

Snapshot img

Digital Freight Brokerage Market Size and Trends

The digital freight brokerage market size is forecast to increase by USD 13.54 billion, at a CAGR of 49.2% between 2023 and 2028. The market is experiencing significant growth due to several key trends and factors. Firstly, the increased use of IT-enabled solutions is streamlining the freight brokerage process, enabling real-time tracking, automated pricing, and improved communication between shippers and carriers. Secondly, the growing global e-commerce industry is driving the demand for faster and more efficient shipping solutions, creating an increase in the need for digital freight brokerage services. Lastly, the consolidation of the global shipping industry is leading to increased competition and the need for digital platforms to differentiate and provide value-added services to customers. Overall, these trends are fueling the growth of the digital freight brokerage market and transforming the traditional freight brokerage industry.

Request Free Sample

The digital transformation of the transportation and logistics industry has revolutionized cargo transportation through the adoption of digital technologies. Digital freight brokerage, a significant segment of third-party logistics, has emerged as a key driver of this transformation. Digitalization and technology transformation have enabled mobile-based freight brokers to offer real-time tracking, data analytics, and artificial intelligence-driven solutions for service improvement. Container shipping and air freight have been major beneficiaries of this trend, with digital technologies streamlining air freight management and optimizing business inventories. The commodity disruption caused by e-commerce and online marketplaces has intensified the need for logistics operations centralization. Venture capital investment in digital freight brokerage has been strong, driven by the potential for service improvement and cost savings. Digital technologies, including smartphones and data analytics, have enabled carriers and shippers to optimize scheduling management and reduce environmental impact. Real-time tracking and cargo transportation have become essential components of the digital freight brokerage value proposition. In conclusion, digital freight brokerage is a dynamic and evolving market that is transforming the way cargo is transported and managed. The adoption of digital technologies, including artificial intelligence and data analytics, is driving innovation and efficiency in the transportation and logistics industry. The market is expected to continue growing as businesses seek to optimize their supply chains and adapt to the changing demands of e-commerce and global trade.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion ' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

Mode Of Transportation Outlook

  Roadway
  Seaway
  Airway
  Railway





Application Outlook

  Retail and e-commerce
  Food and beverages
  Healthcare
  Automotive
  Others


Region Outlook

  North America

    The U.S.
    Canada





  Europe

    U.K.
    Germany
    France
    Rest of Europe





  APAC

    China
    India





  Middle East & Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East & Africa

By Mode Of Transportation Insights

The roadway segment is estimated to witness significant growth during the forecast period. The digital freight brokerage market is undergoing a significant transformation in the transportation and logistics sector, driven by the adoption of digital technologies. Container shipping and air freight are key areas where digitalization is making a notable impact, with digital platforms facilitating more efficient and effective management of business inventories. Digital freight brokerage platforms enable service improvement by optimally matching shippers with available carriers, streamlining routes, and maximizing load capacity. This digital transformation is fueled by venture capital investments, automation, and the integration of customer services through mobile applications and artificial intelligence (AI) and machine learning.

Get a glance at the market share of various regions Download the PDF Sample

The roadway segment accounted for USD 718.80 million in 2018 and showed a gradual increase during the forecast period. Centralizing logistics through transportation management systems and blockchain technology enhances asset tracking and transaction recording, ensuring transparency and security. Traditional freight brokerage is being disrupted by specialized marketplaces, crowd shipping platforms, digital freight exchanges, tender platforms, and virtual forwarders. The use of smartphones and third-party logistics is further expandin

Freight Brokerage Market Outlook

According to our latest research, the global freight brokerage market size reached USD 67.1 billion in 2024, driven by the increasing digitalization of logistics and the growing demand for efficient supply chain management. The market is expected to expand at a robust CAGR of 6.7% from 2025 to 2033, reaching a projected value of USD 120.1 billion by 2033. This strong growth trajectory is underpinned by rapid advancements in technology, evolving customer expectations, and the globalization of trade, which collectively are transforming how freight brokerage services are procured and delivered across industries.

One of the primary growth factors propelling the freight brokerage market is the accelerated adoption of digital freight matching platforms and advanced analytics. The integration of artificial intelligence, machine learning, and real-time data analytics has revolutionized the way shippers and carriers interact, enabling faster, more transparent, and cost-effective freight transactions. These digital platforms streamline the process of finding and booking transportation, reducing manual intervention and enhancing efficiency. Additionally, the shift towards cloud-based solutions has facilitated remote access and scalability, allowing brokers to manage operations seamlessly and respond to market fluctuations with agility. This digital transformation is not only improving operational productivity but also attracting new entrants and investments into the freight brokerage ecosystem.

Another significant driver is the surge in e-commerce and omnichannel retailing, which has dramatically increased the volume and complexity of shipments worldwide. The proliferation of online shopping, particularly in emerging markets, has created a pressing need for flexible and responsive logistics solutions. Freight brokers play a crucial role in bridging the gap between shippers and carriers, ensuring timely and reliable delivery even during peak demand periods. The rise of just-in-time inventory models and customer expectations for faster deliveries have further accentuated the importance of freight brokerage services. These trends are prompting both large enterprises and small & medium enterprises (SMEs) to leverage third-party logistics partners to optimize their supply chains and maintain a competitive edge in the market.

Furthermore, the global expansion of manufacturing and industrial activities is fueling the demand for freight brokerage services across various sectors, including automotive, healthcare, and food & beverage. As companies seek to diversify their supplier base and reach new markets, the need for efficient cross-border logistics has intensified. Freight brokers are uniquely positioned to navigate the complexities of international shipping, regulatory compliance, and multimodal transportation. Their expertise in route optimization, customs clearance, and risk management is becoming increasingly valuable in an era of geopolitical uncertainties and supply chain disruptions. This trend is expected to sustain the market’s upward momentum over the forecast period.

From a regional perspective, North America continues to dominate the global freight brokerage market, accounting for the largest share in 2024 due to its mature logistics infrastructure and high adoption of digital technologies. However, the Asia Pacific region is emerging as the fastest-growing market, driven by rapid industrialization, urbanization, and the exponential growth of e-commerce. Europe also holds a significant share, supported by its extensive transportation networks and cross-border trade activities. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, propelled by infrastructure development and increasing investments in logistics modernization. The interplay of these regional dynamics is shaping the competitive landscape and opening new avenues for market players.

Service Type Analysis

The freight brokerage market is segmented by

Digital Freight Brokerage Market Outlook

According to our latest research, the global digital freight brokerage market size reached USD 7.8 billion in 2024, with a robust year-on-year growth trajectory. The market is expected to expand at a CAGR of 25.4% from 2025 to 2033, culminating in a projected value of approximately USD 69.5 billion by 2033. This impressive growth is primarily driven by the rapid adoption of digital platforms, technological advancements in logistics, and the increasing demand for streamlined and efficient freight management solutions across the globe.

Several key growth factors are propelling the digital freight brokerage market forward. The proliferation of e-commerce and the resulting surge in freight volumes have created an urgent need for optimized and transparent logistics solutions. Digital freight brokerage platforms leverage advanced technologies such as artificial intelligence, machine learning, and big data analytics to match shippers with carriers more efficiently, reducing empty miles, improving asset utilization, and lowering operational costs. These platforms offer real-time freight tracking, dynamic pricing, and automated documentation, which significantly enhance the overall customer experience and operational efficiency, driving widespread adoption among both shippers and carriers.

Another significant driver is the ongoing digital transformation within the logistics and transportation sector. Traditional freight brokerage models are increasingly being replaced by digital counterparts that offer greater transparency, scalability, and flexibility. The integration of cloud-based solutions and mobile applications has enabled seamless communication between shippers and carriers, facilitating faster and more reliable transactions. Additionally, the shift towards paperless operations and automated workflows is reducing manual errors and administrative overhead, further accelerating the transition to digital freight brokerage solutions.

The heightened focus on sustainability and environmental responsibility is also fueling the growth of the digital freight brokerage market. By optimizing route planning and load consolidation, digital platforms help minimize fuel consumption and carbon emissions, aligning with the sustainability goals of businesses and regulatory requirements. The ability to analyze vast datasets allows for better decision-making in terms of route selection, vehicle allocation, and shipment scheduling, contributing to greener supply chain operations. This emphasis on sustainability is expected to remain a key growth factor as environmental regulations become more stringent worldwide.

From a regional perspective, North America currently leads the digital freight brokerage market, accounting for the largest share in 2024, followed closely by Europe and the Asia Pacific. The United States, in particular, has witnessed significant investments in logistics technology, supported by a robust transportation infrastructure and a highly competitive e-commerce landscape. Meanwhile, emerging economies in Asia Pacific are experiencing rapid growth due to increasing internet penetration, expanding trade activities, and rising adoption of digital solutions among small and medium enterprises. Europe’s focus on cross-border trade and sustainability initiatives is also driving market expansion. As digital freight brokerage platforms continue to gain traction, regional dynamics will play a pivotal role in shaping the future of the market.

Mode of Transport Analysis

The digital freight brokerage market is segmented by mode of transport into roadways, railways, airways, and waterways, with each segment contributing uniquely to market dynamics. Roadways dominate the market, accounting for the largest share due to the flexibility, accessibility, and cost-effectiveness of trucking services for both short-haul and long-haul shipments. Digital platforms have significantly optimized the road freight sector by enabling real-time tracking, dynamic load matching, and efficient route planning, which are particularly crucial for time-sensitive and perishable goods. The integration of telematics and IoT devices in road freight has further enhanced operational visibility and asset utilization, making digital solutions indispensable for modern logistics operations.

Railways represent another important mode within the digital freight brokerage market, particularly for