Freight Brokerage Services
Freight Brokerage Services Market by Service Type (Expedited, Full Truckload, Intermodal), Mode of Transport (Air, Ocean, Rail), Industry Base, Client Type, Solution Type, Technology Type, End-Use, Product Type, Contract Type - Cumulative Impact of United States Tariffs 2025 - Global Forecast to 2030
SKU
MRR-5D693B46BAB5
Region
Global
Publication Date
May 2025
Delivery
Immediate
2024
USD 60.40 billion
2025
USD 64.48 billion
2030
USD 87.81 billion
CAGR
6.43%
360iResearch Analyst Ketan Rohom
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Get a sneak peek into the valuable insights and in-depth analysis featured in our comprehensive freight brokerage services market report. Download now to stay ahead in the industry! Need more tailored information? Ketan is here to help you find exactly what you need.

Freight Brokerage Services Market - Cumulative Impact of United States Tariffs 2025 - Global Forecast to 2030

The Freight Brokerage Services Market size was estimated at USD 60.40 billion in 2024 and expected to reach USD 64.48 billion in 2025, at a CAGR 6.43% to reach USD 87.81 billion by 2030.

Freight Brokerage Services Market
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Introduction to the Evolving Freight Brokerage Ecosystem

In an era defined by intricate supply chains and accelerating global trade, freight brokerage services have emerged as critical enablers of efficiency and reliability. Organizations across industries are navigating unprecedented disruptions-from shifting consumer demands to geopolitical tensions-requiring a partner that can orchestrate seamless transportation solutions. As market participants seek to optimize costs, improve delivery times, and enhance visibility, the role of the freight broker transcends simple transactional support. It becomes a strategic advisor, leveraging data-driven insights, technology platforms, and deep carrier networks to connect shippers with the right modes and routes. This executive summary delves into the pivotal trends transforming the freight brokerage landscape, examines the cumulative impact of evolving U.S. tariffs in 2025, and highlights key segmentation, regional and competitive insights. By unpacking these dimensions, decision-makers will gain a clear perspective on emerging opportunities and navigate the shifting terrain with confidence and foresight.

Transformative Shifts in the Freight Brokerage Landscape

Over the past few years, the freight brokerage sector has undergone transformative shifts driven by digitalization, sustainability imperatives and evolving customer expectations. Advanced transportation management systems, cloud-based platforms and automated load matching powered by machine learning are replacing manual processes, fostering real-time booking, dynamic pricing and predictive analytics. At the same time, blockchain technology is enhancing transparency in contract execution and compliance. Meanwhile, as shippers demand greener operations, brokers are integrating carbon-tracking tools and prioritizing carriers with fuel-efficient fleets. Finally, the rise of on-demand e-commerce fulfillment and temperature-sensitive pharmaceuticals has elevated specialized services such as refrigerated and oversized freight. These converging forces are not only redefining service portfolios but also raising the bar on agility, responsiveness and end-to-end visibility.

Cumulative Impact of United States Tariffs 2025

The introduction and escalation of U.S. tariffs in 2025 have rippled across freight corridors, compelling brokers and shippers to recalibrate routing strategies and supplier networks. Tariffs imposed on key imports have elevated transportation costs along traditional East-West lanes, stimulating a migration toward alternative corridors and transshipment hubs. In response, many market players have accelerated intermodal solutions that combine rail, ocean and road transport to absorb cost pressures. At the same time, air freight has experienced selective growth for high-value goods, offsetting heightened duties by reducing inventory-holding risks. On the domestic side, cross-border trucking volumes with Canada and Mexico have adjusted in accordance with new duty structures, reshaping capacity planning. Consequently, brokerage firms that leveraged data analytics to model tariff scenarios and reoptimized load allocations have outperformed peers, securing long-term partnerships through enhanced cost predictability and strategic resilience.

Key Segmentation Insights Across Service, Mode and Industry

Segmentation analysis reveals nuanced growth patterns across service, mode, industry, client, solution, technology, end-use, product and contract dimensions. Service type insights show that expedited shipments and full truckload offerings continue to command volume, while intermodal adoption gains traction as stakeholders seek cost-effective long-haul solutions. Less than truckload demand remains steady, particularly for retailers and manufacturers managing smaller consignment sizes, and specialized freight services-encompassing oversized freight and refrigerated cargo-are growing in response to consumer health and infrastructure projects. Mode of transport analysis highlights that road logistics still dominates short-haul deliveries, yet ocean shipping-further differentiated into bulk carriers, container ships and tankers-remains essential for bulk and liquid freight movements, complemented by rail for cost-sensitive, large-volume flows, and air for expedited, high-value parcels. Industry base segmentation underscores the automotive sector’s reliance on just-in-time deliveries, the food and beverages segment’s need for perishable goods management, manufacturing’s focus on supply continuity, pharmaceuticals’ biologics distribution requirements, and retail’s surging e-commerce volumes. Client type considerations expose divergent needs between large enterprises with global networks, medium enterprises seeking balance between cost and scalability, and small enterprises prioritizing flexibility. Solution type exploration demonstrates the growing importance of freight audit and payment services, comprehensive freight management, digital freight trading platforms, and freight visibility solutions that integrate GPS tracking and route optimization. Technology type insights affirm that automated load matching backed by machine learning, blockchain protocols ensuring transactional integrity, digital freight platforms streamlining bookings, and transportation management systems deployed on cloud-based architectures are redefining operational workflows. End-use analysis reveals that cross-docking facilities accelerate throughput, direct customer delivery meets last-mile expectations, and warehouse distribution strategies optimize inventory staging. Product type distinctions-from bulk freight to liquid freight and parcel services-shape carrier selection and pricing models. Finally, contract type examination differentiates contract-based commitments, long-term partnerships and spot agreements, each influencing rate structures and capacity guarantees.

This comprehensive research report categorizes the Freight Brokerage Services market into clearly defined segments, providing a detailed analysis of emerging trends and precise revenue forecasts to support strategic decision-making.

Market Segmentation & Coverage
  1. Service Type
  2. Mode of Transport
  3. Industry Base
  4. Client Type
  5. Solution Type
  6. Technology Type
  7. End-Use
  8. Product Type
  9. Contract Type

Key Regional Insights Shaping Global Freight Brokerage

Regional dynamics further illustrate how demand and service expectations vary across the Americas, Europe, Middle East & Africa and Asia-Pacific regions. In the Americas, robust trade corridors linking the U.S., Canada and Latin America remain anchored by well-developed road and cross-border trucking networks, while infrastructure upgrades in major hubs bolster rail and intermodal capacity. Within Europe, Middle East & Africa, regulatory harmonization across European Union nations is juxtaposed against emerging corridor expansions in the Gulf region and growing port investments in Africa, driving a diverse mix of ocean, road and rail utilization. Asia-Pacific logistics are underpinned by manufacturing centers in China, India and Southeast Asia, where airport cargo terminals and deepwater ports support surging exports, and inland logistics corridors are being modernized to enhance efficiency. Each region’s unique infrastructure projects, trade agreements and environmental policies directly influence route selection, carrier partnerships and service level arrangements, underscoring the need for brokers to tailor strategies to localized conditions and stakeholder priorities.

This comprehensive research report examines key regions that drive the evolution of the Freight Brokerage Services market, offering deep insights into regional trends, growth factors, and industry developments that are influencing market performance.

Regional Analysis & Coverage
  1. Americas
  2. Asia-Pacific
  3. Europe, Middle East & Africa

Key Company Insights and Competitive Landscape

Competitive analysis highlights a diverse ecosystem of freight brokerage and logistics providers, each investing in digital innovation and network expansion. Industry leaders such as Agility Logistics Pvt. Ltd., ArcBest Corporation, C.H. Robinson Worldwide, Inc., CEVA Logistics AG and Coyote Logistics by UPS, Inc. have strengthened carrier networks and launched proprietary platforms to streamline booking and settlement. Firms like Damco International A/S and DHL Supply Chain continue to leverage global footprint advantages for comprehensive end-to-end solutions, while Echo Global Logistics, Inc. and England Logistics focus on customer-centric software enhancements. GlobalTranz Enterprises LLC and Hellmann Worldwide Logistics SE & Co. KG are driving sustainability initiatives, and Hub Group, Inc. alongside J.B. Hunt Transport, Inc. are integrating intermodal services to maximize asset utilization. Kenan Advantage Group, Kuehne + Nagel International AG and Landstar System, Inc. bring niche expertise in bulk and specialized freight, whereas Mode Transportation and Nippon Express Co., Ltd. are expanding digital freight marketplaces. Schneider National, Inc. and Total Quality Logistics, LLC emphasize data-driven analytics, while Uber Technologies, Inc. and Worldwide Express, Inc. innovate last-mile solutions. XPO, Inc. and Yusen Logistics (Americas) Inc. round out a competitive landscape where collaboration, strategic acquisitions and technology partnerships are accelerating the evolution of freight brokerage offerings.

This comprehensive research report delivers an in-depth overview of the principal market players in the Freight Brokerage Services market, evaluating their market share, strategic initiatives, and competitive positioning to illuminate the factors shaping the competitive landscape.

Competitive Analysis & Coverage
  1. Agility Logistics Pvt. Ltd.
  2. ArcBest Corporation
  3. C.H. Robinson Worldwide, Inc.
  4. CEVA Logistics AG
  5. Coyote Logistics by UPS, Inc.
  6. Damco International A/S
  7. DHL Supply Chain
  8. Echo Global Logistics, Inc.
  9. England Logistics
  10. GlobalTranz Enterprises LLC
  11. Hellmann Worldwide Logistics SE & Co. KG
  12. Hub Group, Inc.
  13. J.B. Hunt Transport, Inc.
  14. Kenan Advantage Group
  15. Kuehne + Nagel International AG
  16. Landstar System, Inc.
  17. Mode Transportation
  18. Nippon Express Co., Ltd.
  19. Schneider National, Inc.
  20. Total Quality Logistics, LLC
  21. Uber Technologies, Inc.
  22. Worldwide Express, Inc.
  23. XPO, Inc.
  24. Yusen Logistics (Americas) Inc.

Actionable Recommendations for Freight Brokerage Leaders

To capitalize on emerging trends and navigate rising complexities, industry leaders must pursue actionable strategies. First, optimizing digital infrastructure by integrating transportation management systems with cloud-based, machine-learning powered load matching will drive real-time decision-making and cost efficiencies. Second, expanding intermodal and multimodal capabilities-particularly in regions affected by tariff volatility-will provide routing flexibility and mitigate single-mode dependencies. Third, embedding sustainability metrics into carrier selection and customer reporting will address regulatory requirements and growing stakeholder demands. Fourth, enhancing visibility through freight visibility solutions that include GPS tracking and dynamic route optimization will strengthen customer trust and reduce exceptions. Fifth, cultivating strategic long-term partnerships with carriers under contract-based or long-term partnership agreements ensures capacity assurance and favorable rate negotiations. Lastly, continuous upskilling of in-house talent on blockchain applications and advanced analytics will foster a culture of innovation and resilience.

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Conclusion: Navigating the Future of Freight Brokerage

As the freight brokerage sector continues its transformation under the twin pressures of digitalization and geopolitical shifts, firms that proactively embrace technology, sustainability and strategic partnerships will emerge as industry frontrunners. By leveraging data-driven insights to refine segmentation strategies, tailoring services to specific regional dynamics, and benchmarking performance against leading competitors, brokers can deliver enhanced service levels and cost-effective solutions. Ultimately, the ability to anticipate market disruptions, adapt to evolving client demands and invest in forward-looking capabilities will define the competitive frontier and create long-term value for shippers, carriers and broader supply chain ecosystems.

This section provides a structured overview of the report, outlining key chapters and topics covered for easy reference in our Freight Brokerage Services market comprehensive research report.

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Dynamics
  6. Market Insights
  7. Cumulative Impact of United States Tariffs 2025
  8. Freight Brokerage Services Market, by Service Type
  9. Freight Brokerage Services Market, by Mode of Transport
  10. Freight Brokerage Services Market, by Industry Base
  11. Freight Brokerage Services Market, by Client Type
  12. Freight Brokerage Services Market, by Solution Type
  13. Freight Brokerage Services Market, by Technology Type
  14. Freight Brokerage Services Market, by End-Use
  15. Freight Brokerage Services Market, by Product Type
  16. Freight Brokerage Services Market, by Contract Type
  17. Americas Freight Brokerage Services Market
  18. Asia-Pacific Freight Brokerage Services Market
  19. Europe, Middle East & Africa Freight Brokerage Services Market
  20. Competitive Landscape
  21. ResearchAI
  22. ResearchStatistics
  23. ResearchContacts
  24. ResearchArticles
  25. Appendix
  26. List of Figures [Total: 34]
  27. List of Tables [Total: 771 ]

Call-To-Action: Contact Ketan Rohom for Your Detailed Market Research Report

Ready to gain deeper insights and strategic guidance? Connect with Ketan Rohom (Associate Director, Sales & Marketing) today to secure your comprehensive market research report and drive your freight brokerage vision forward.

360iResearch Analyst Ketan Rohom
Download a Free PDF
Get a sneak peek into the valuable insights and in-depth analysis featured in our comprehensive freight brokerage services market report. Download now to stay ahead in the industry! Need more tailored information? Ketan is here to help you find exactly what you need.
Frequently Asked Questions
  1. How big is the Freight Brokerage Services Market?
    Ans. The Global Freight Brokerage Services Market size was estimated at USD 60.40 billion in 2024 and expected to reach USD 64.48 billion in 2025.
  2. What is the Freight Brokerage Services Market growth?
    Ans. The Global Freight Brokerage Services Market to grow USD 87.81 billion by 2030, at a CAGR of 6.43%
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