Key Insights
The United States freight brokerage market, valued at approximately $17.96 billion in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 8.35% from 2025 to 2033. This expansion is fueled by several key factors. The rise of e-commerce continues to drive demand for efficient and cost-effective logistics solutions, significantly benefiting freight brokerage services. Furthermore, increasing complexities in supply chain management, coupled with a persistent shortage of truck drivers, are pushing businesses to outsource their freight transportation needs to specialized brokers who can optimize routes, manage capacity, and negotiate favorable rates. Technological advancements, including the adoption of sophisticated transportation management systems (TMS) and digital freight matching platforms, are streamlining operations and improving overall efficiency within the industry. The manufacturing and automotive sectors remain significant end-users, contributing substantially to market growth, although the construction, distributive trade (including FMCG), and oil and gas sectors also exhibit strong demand.
Market segmentation reveals a diverse landscape. Less-than-truckload (LTL) and full-truckload (FTL) services dominate the service segment, reflecting the prevalent shipment sizes in the US market. However, the "other services" category, encompassing specialized services like intermodal transportation and last-mile delivery, is also expected to experience significant growth, driven by evolving customer needs and supply chain diversification. Competition is intense, with major players like Coyote Logistics, CH Robinson, and J.B. Hunt Transport Inc. vying for market share. However, the market also accommodates numerous smaller, regional brokers catering to niche markets and specific geographic areas. The continued expansion of e-commerce, technological innovation, and the persistent challenges in the trucking industry suggest a bright outlook for the US freight brokerage market over the forecast period, despite potential economic headwinds that could affect growth trajectory.
United States Freight Brokerage Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the United States Freight Brokerage Market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. With a market size projected to reach XX Billion by 2033, the US freight brokerage sector presents significant opportunities and challenges. This report covers the period 2019-2033, with 2025 as the base year and a forecast period of 2025-2033.
United States Freight Brokerage Market Market Concentration & Dynamics
The US freight brokerage market is characterized by a blend of large, established players and smaller, niche operators. Market concentration is moderate, with the top 10 players holding an estimated XX% market share in 2025. However, the market is dynamic, witnessing significant M&A activity. The number of M&A deals in the sector averaged XX per year during the historical period (2019-2024).
- Key Players: Coyote Logistics, Total Quality Logistics, Hub Group, Landstar System Inc, CH Robinson, KAG Logistics Inc, SunteckTTS, BNSF Logistics LLC, XPO Logistics Inc, Uber Freight, Worldwide Express, Schneider, Echo Global Logistics, GlobalTranz, J B Hunt Transport Inc, and 63 other companies.
- Innovation Ecosystems: Technological advancements, particularly in digital freight matching platforms and supply chain management software, are driving innovation. Startups are emerging, challenging established players.
- Regulatory Frameworks: Federal and state regulations, including those related to safety, security, and environmental compliance, significantly impact market operations.
- Substitute Products: While freight brokerage remains dominant, alternative transportation modes and direct carrier relationships pose some level of substitution.
- End-User Trends: E-commerce growth, increasing demand for faster delivery, and supply chain diversification are shaping end-user demands.
- M&A Activities: Consolidation is a key trend, with larger companies acquiring smaller players to expand their market reach and service offerings.
United States Freight Brokerage Market Industry Insights & Trends
The US freight brokerage market exhibits robust growth, driven by a booming e-commerce sector, increasing manufacturing activities, and a complex and evolving supply chain landscape. The market size reached XX Billion in 2024 and is projected to grow at a Compound Annual Growth Rate (CAGR) of XX% during the forecast period (2025-2033), reaching XX Billion by 2033. This growth is fueled by several factors, including technological advancements that improve efficiency and transparency, increased demand for specialized services like less-than-truckload (LTL) and full-truckload (FTL) shipping, and a growing preference for outsourced logistics management. The industry is witnessing a shift towards digitalization, with more brokers adopting technology to streamline operations and enhance customer experience. Consumer behavior is increasingly influenced by the demand for real-time tracking, faster delivery times, and greater supply chain visibility.
Key Markets & Segments Leading United States Freight Brokerage Market
The US freight brokerage market is geographically diverse, with significant activity across all regions. However, the Eastern and Western regions consistently represent the highest volume of transactions and revenue.
By Service:
- FTL (Full Truckload): Remains the largest segment, driven by the need for efficient transportation of large volumes of goods.
- LTL (Less-than-Truckload): Experiencing significant growth due to the increasing number of smaller shipments and e-commerce activity.
- Other Services: This segment encompasses specialized services like intermodal transportation, specialized freight handling, and value-added services.
By End User:
- Manufacturing and Automotive: A significant driver due to the substantial volume of goods movement involved in production and distribution.
- Distributive Trade (Wholesale and Retail, FMCG included): Rapid growth fueled by e-commerce and consumer demand for fast delivery.
- Other End Users: Segments like oil and gas, construction, and pharmaceuticals contribute substantially to market demand.
Growth Drivers:
- Robust economic growth stimulating freight activity.
- Expanding e-commerce and its impact on last-mile delivery.
- Increasing demand for supply chain efficiency and visibility.
- Investments in transportation infrastructure.
- Technological advancements.
United States Freight Brokerage Market Product Developments
Significant product innovations are transforming the freight brokerage landscape. The integration of advanced technologies like AI and machine learning in route optimization, predictive analytics for demand forecasting, and real-time tracking and visibility are providing competitive edges. The development of specialized software platforms for streamlining operations, enhancing communication, and improving customer service is further driving market growth. These technological advancements are not only improving efficiency but also increasing transparency and trust within the supply chain.
Challenges in the United States Freight Brokerage Market Market
The US freight brokerage market faces challenges including driver shortages, fluctuating fuel prices, increased regulatory scrutiny, and intense competition. These factors impact profitability and operational efficiency. For example, driver shortages lead to higher transportation costs and potential delays. The impact of these challenges is estimated to reduce annual market growth by approximately XX%.
Forces Driving United States Freight Brokerage Market Growth
Key growth drivers include technological advancements like AI and blockchain, improving efficiency and transparency. Economic growth fuels increased freight demand. Favorable regulatory changes can streamline operations, and strategic partnerships between brokers and carriers foster collaboration and reduce costs.
Challenges in the United States Freight Brokerage Market Market
Long-term growth is fueled by innovation in areas such as autonomous trucking and drone delivery. Strategic partnerships with technology companies and expansion into new markets (e.g., cross-border shipping) enhance growth potential.
Emerging Opportunities in United States Freight Brokerage Market
Emerging opportunities include the growing adoption of sustainable transportation solutions and the development of specialized freight brokerage services for niche industries. The expanding use of big data analytics to optimize supply chains creates further possibilities.
Leading Players in the United States Freight Brokerage Market Sector
- Coyote Logistics
- Total Quality Logistics
- Hub Group
- Landstar System Inc
- CH Robinson
- KAG Logistics Inc
- SunteckTTS
- BNSF Logistics LLC
- XPO Logistics Inc
- Uber Freight
- Worldwide Express
- Schneider
- Echo Global Logistics
- GlobalTranz
- J B Hunt Transport Inc
Key Milestones in United States Freight Brokerage Market Industry
- August 2023: Convoy launches JIT trucking service, enhancing flexibility and speed of delivery. This reflects the growing demand for agile and responsive logistics solutions.
- February 2023: Echo Global Logistics introduces EchoInsure+, expanding its service offerings and providing clients with integrated cargo insurance. This demonstrates a focus on risk management and enhanced customer value.
Strategic Outlook for United States Freight Brokerage Market Market
The future of the US freight brokerage market is bright, driven by continued technological advancements, evolving consumer demands, and a dynamic economic landscape. Strategic investments in technology, expansion into underserved markets, and a focus on sustainability will be crucial for long-term success. The market presents substantial opportunities for growth and innovation for both established players and new entrants.
United States Freight Brokerage Market Segmentation
-
1. Service
- 1.1. LTL
- 1.2. FTL
- 1.3. Other Services
-
2. End User
- 2.1. Manufacturing and Automotive
- 2.2. Oil and Gas, Mining, and Quarrying
- 2.3. Agriculture, Fishing, and Forestry
- 2.4. Construction
- 2.5. Distribu
- 2.6. Other En
United States Freight Brokerage Market Segmentation By Geography
- 1. United States
United States Freight Brokerage Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 8.35% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Growing Construction Across the Country4.; The Growing Number of Freight Brokers Across the Country
- 3.3. Market Restrains
- 3.3.1. 4.; Rerouting of Cargo and Other Factors4.; Reducing Freight Imports Across the Country
- 3.4. Market Trends
- 3.4.1. FTL Service Has Gained Momentum in the Country in Recent Years
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Service
- 5.1.1. LTL
- 5.1.2. FTL
- 5.1.3. Other Services
- 5.2. Market Analysis, Insights and Forecast - by End User
- 5.2.1. Manufacturing and Automotive
- 5.2.2. Oil and Gas, Mining, and Quarrying
- 5.2.3. Agriculture, Fishing, and Forestry
- 5.2.4. Construction
- 5.2.5. Distribu
- 5.2.6. Other En
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. United States
- 5.1. Market Analysis, Insights and Forecast - by Service
- 6. North America United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1 United States
- 6.1.2 Canada
- 6.1.3 Mexico
- 7. Europe United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1 Germany
- 7.1.2 France
- 7.1.3 United Kingdom
- 7.1.4 Italy
- 7.1.5 Spain
- 7.1.6 Russia
- 7.1.7 Rest of Europe
- 8. Asia Pacific United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1 China
- 8.1.2 Japan
- 8.1.3 India
- 8.1.4 Bangladesh
- 8.1.5 Turkey
- 8.1.6 South Korea
- 8.1.7 Australia
- 8.1.8 Indonesia
- 8.1.9 Rest of Asia Pacific
- 9. Middle East United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. Egypt United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1 South Africa
- 10.1.2 Saudi Arabia
- 10.1.3 Rest of Middle East
- 11. South America United States Freight Brokerage Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 Brazil
- 11.1.2 Argentina
- 11.1.3 Rest of South America
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2024
- 12.2. Company Profiles
- 12.2.1 Coyote Logistics
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Total Quality Logistics
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Hub Group
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Landstar System Inc
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 CH Robinson
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 KAG Logistics Inc
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 SunteckTTS
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 BNSF Logistics LLC
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 XPO Logistics Inc
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 Uber Freight**List Not Exhaustive 6 3 Other Companie
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.11 Worldwide Express
- 12.2.11.1. Overview
- 12.2.11.2. Products
- 12.2.11.3. SWOT Analysis
- 12.2.11.4. Recent Developments
- 12.2.11.5. Financials (Based on Availability)
- 12.2.12 Schneider
- 12.2.12.1. Overview
- 12.2.12.2. Products
- 12.2.12.3. SWOT Analysis
- 12.2.12.4. Recent Developments
- 12.2.12.5. Financials (Based on Availability)
- 12.2.13 Echo Global Logistics
- 12.2.13.1. Overview
- 12.2.13.2. Products
- 12.2.13.3. SWOT Analysis
- 12.2.13.4. Recent Developments
- 12.2.13.5. Financials (Based on Availability)
- 12.2.14 GlobalTranz
- 12.2.14.1. Overview
- 12.2.14.2. Products
- 12.2.14.3. SWOT Analysis
- 12.2.14.4. Recent Developments
- 12.2.14.5. Financials (Based on Availability)
- 12.2.15 J B Hunt Transport Inc
- 12.2.15.1. Overview
- 12.2.15.2. Products
- 12.2.15.3. SWOT Analysis
- 12.2.15.4. Recent Developments
- 12.2.15.5. Financials (Based on Availability)
- 12.2.1 Coyote Logistics
List of Figures
- Figure 1: United States Freight Brokerage Market Revenue Breakdown (Billion, %) by Product 2024 & 2032
- Figure 2: United States Freight Brokerage Market Share (%) by Company 2024
List of Tables
- Table 1: United States Freight Brokerage Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 2: United States Freight Brokerage Market Revenue Billion Forecast, by Service 2019 & 2032
- Table 3: United States Freight Brokerage Market Revenue Billion Forecast, by End User 2019 & 2032
- Table 4: United States Freight Brokerage Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 5: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 6: United States United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 7: Canada United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 8: Mexico United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 9: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 10: Germany United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 11: France United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 12: United Kingdom United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 13: Italy United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 14: Spain United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 15: Russia United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 16: Rest of Europe United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 17: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 18: China United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 19: Japan United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 20: India United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 21: Bangladesh United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 22: Turkey United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 23: South Korea United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 24: Australia United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 25: Indonesia United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 26: Rest of Asia Pacific United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 27: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 28: United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 29: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 30: South Africa United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 31: Saudi Arabia United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 32: Rest of Middle East United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 33: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 34: Brazil United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 35: Argentina United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 36: Rest of South America United States Freight Brokerage Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 37: United States Freight Brokerage Market Revenue Billion Forecast, by Service 2019 & 2032
- Table 38: United States Freight Brokerage Market Revenue Billion Forecast, by End User 2019 & 2032
- Table 39: United States Freight Brokerage Market Revenue Billion Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the United States Freight Brokerage Market?
The projected CAGR is approximately 8.35%.
2. Which companies are prominent players in the United States Freight Brokerage Market?
Key companies in the market include Coyote Logistics, Total Quality Logistics, Hub Group, Landstar System Inc, CH Robinson, KAG Logistics Inc, SunteckTTS, BNSF Logistics LLC, XPO Logistics Inc, Uber Freight**List Not Exhaustive 6 3 Other Companie, Worldwide Express, Schneider, Echo Global Logistics, GlobalTranz, J B Hunt Transport Inc.
3. What are the main segments of the United States Freight Brokerage Market?
The market segments include Service, End User.
4. Can you provide details about the market size?
The market size is estimated to be USD 17.96 Billion as of 2022.
5. What are some drivers contributing to market growth?
4.; Growing Construction Across the Country4.; The Growing Number of Freight Brokers Across the Country.
6. What are the notable trends driving market growth?
FTL Service Has Gained Momentum in the Country in Recent Years.
7. Are there any restraints impacting market growth?
4.; Rerouting of Cargo and Other Factors4.; Reducing Freight Imports Across the Country.
8. Can you provide examples of recent developments in the market?
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.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "United States Freight Brokerage Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the United States Freight Brokerage Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the United States Freight Brokerage Market?
To stay informed about further developments, trends, and reports in the United States Freight Brokerage Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
