GITNUX MARKETDATA REPORT 2024

Freight Brokerage Industry Statistics [Fresh Research]

Statistic 1

"The Freight Brokerage Market in North America was valued at $4,806.3 million in 2017, and is projected to reach $5966.2 million by 2025."

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Statistic 2

"There are 18,000 freight brokers in the U.S., but the top ten brokerages account for about 43% of the market."

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Statistic 3

"There are around 36,000 employees in the U.S Freight Brokerage Industry as of 2021."

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Statistic 4

"In the year 2017, Freight Brokerage Market Share in LTL was over 30%."

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Statistic 5

"The estimated amount of revenue generated by the brokerage and transportation sectors in the U.S in 2019 was around $80 billion."

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Statistic 6

"The freight transport management market globally which includes freight brokerage is expected to reach $41.41 billion USD by 2026."

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Statistic 7

"Asian countries are expected to exhibit a higher growth rate in the freight brokerage market due to a rise in industrialization and urbanization."

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Statistic 8

"The global freight brokerage market is expected to grow at a CAGR of 4.28% during the period 2018-2022."

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Statistic 9

"Top five companies in the freight brokerage industry account for less than 30% of the total industry revenue."

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Statistic 10

"The freight brokerage market is expected to exceed a valuation of $58.52 billion by 2028."

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Statistic 11

"The US Freight Brokerage market had registered a growth rate of 6.8% during the year 2016."

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Statistic 12

"North America will proceed to dominate the global freight brokerage market forecast period from 2020 to 2027."

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Statistic 13

"Market share of trucking freight in USA in 2018 was 72.5% and is expected to grow in the future."

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Statistic 14

"The average net revenue margin for freight brokers was about 16% in 2018."

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Statistic 15

"The revenues from the global freight brokerage market are expected to triple in the next seven years."

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Statistic 16

"In the last five years, the freight brokerage industry has grown by 2.7%."

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