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Freight Brokerage Market in Americas 2018-2022

Freight Brokerage Market in Americas 2018-2022

About Freight Brokerage

A freight broker is any company or an individual serving as an intermediate between carriers and shippers. The shippers provide freight for transportation while carriers have enough capacity to move the freight. Thus, freight brokers aid both carriers as well as shippers:

  • Shippers: Freight brokers help shippers find trustworthy carriers that are usually
difficult to locate.
  • Carriers: Freight brokers assist carriers in filling their truckload and earning money
  • for the transportation.

    Freight brokers are primarily categorized into two types: asset-based freight brokers and non-asset based freight brokers.

    Technavio’s analysts forecast the freight brokerage market in the Americas to grow at a CAGR of 4.33% during the period 2018-2022.

    Covered in this report

    The report covers the present scenario and the growth prospects of the freight brokerage market in the Americas for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of freight brokerage.

    The market is divided into the following segments based on geography:
    • US
    • Canada
    Technavio's report, Freight Brokerage Market in Americas 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    Key vendors
    • C.H. Robinson
    • Echo Global Logistics
    • Expeditors
    • Landstar
    • TQL
    • XPO Logistics
    Other prominent vendors
    • GlobalTranz Enterprises
    • Roadrunner Transportation System
    • Unishippers Global Logistics
    • Worldwide Express.
    Market driver
    • Growing demand for outsourced 3PL services in Americas
    • For a full, detailed list, view our report
    Market trend
    • Increase in imports and exports
    • For a full, detailed list, view our report
    Key questions answered in this report
    • What will the market size be in 2022 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?


    Press Release

    Technavio Announces the Publication of its Research Report – Freight Brokerage Market in Americas 2018-2022

    Technavio recognizes the following companies as the key players in the freight brokerage market in the Americas: C.H. Robinson, Echo Global Logistics, Expeditors, Landstar, TQL, and XPO Logistics.

    Other Prominent Vendors in the market are: GlobalTranz Enterprises, Roadrunner Transportation System, Unishippers Global Logistics, and Worldwide Express.

    Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in imports and exports. Economic development is accompanied by the consumption and export of products. There has been an increase in the demand for imports and exports of products in the Americas. Exporting domestically manufactured goods requires efficient integrated logistics services, which include the management of logistics-related services and transportation. Both retailers and manufacturers require services that act as a link between customers and suppliers across various regions. Different geographies require different supply chain strategies. Exporters look for a one-stop solution where they can get complete supply chain and logistics services. As the market growth gains momentum, a considerable investment in infrastructure projects is carried out to meet the growing needs of the domestic, cross-border, and international demand. The increasing import and export activities will positively impact the freight brokerage market in the Americas because of an increase in the demand for logistics.”

    According to the report, one of the major drivers for this market is growing demand for outsourced 3pl services in Americas. The demand for 3PL services in South America will see rapid growth during the forecast period. Developing countries such as Argentina and Brazil are witnessing growth in their transportation and logistics infrastructure, which is expected to boost the demand for contract logistics services in these countries. Growth in the demand for these services can be attributed to the underlying benefits of outsourcing in terms of increased operational efficiency and cost savings. The 3PL market in South America is driven by continuous capital inflow leading to the supply of new assets, especially in Brazil. However, the development of vendors in other countries in South America is expected to be low. With the increase in the investment in transport infrastructure, the market will develop a strong base for logistics.

    Companies Mentioned

    C.H. Robinson, Echo Global Logistics, Expeditors, Landstar, TQL, XPO Logistics, GlobalTranz Enterprises, Roadrunner Transportation System, Unishippers Global Logistics, and Worldwide Express.

    • Executive summary
    • Scope of the report
    • Research methodology
    • Introduction
      • Market outline
    • Market landscape
      • Market ecosystem
        • Table Related market: 3PL
        • Table Freight brokerage market in Americas 2018-2022
      • Market characteristics
        • Table Market characteristics
      • Market segmentation analysis
        • Table Market segments
    • Market sizing
      • Market definition
        • Table Market definition - Inclusions and exclusions checklist
      • Market sizing 2017
        • Table Market size 2017
        • Table Validation techniques employed for market sizing 2017
      • Market size and forecast 2017-2022
        • Table Freight brokerage market in Americas - Market size and forecast 2017-2022 ($ bn)
        • Table Freight brokerage market in Americas - Year-over-year growth 2018-2022 (%)
    • Five forces analysis
      • Table Five forces analysis 2017
      • Table Five forces analysis 2022
      • Bargaining power of buyers
        • Table Bargaining power of buyers
      • Bargaining power of suppliers
        • Table Bargaining power of suppliers
      • Threat of new entrants
        • Table Threat of new entrants
      • Threat of substitutes
        • Table Threat of substitutes
      • Threat of rivalry
        • Table Threat of rivalry
      • Market condition
        • Table Market condition - Five forces 2017
    • Market segmentation by service type
      • Segmentation by type of services
        • Table Global freight brokerage market in Americas by service type 2017-2022 (% revenue)
        • Table Comparison by type of service
      • FTL - Market size and forecast 2017-2022
        • Table FTL - Market size and forecast 2017-2022 ($ bn)
        • Table FTL long-distance freight trucking expected growth rate in US 2016-2021 (Y-o-Y %)
        • Table FTL - Year-over-year growth 2018-2022 (%)
      • LTL - Market size and forecast 2017-2022
        • Table LTL - Market size and forecast 2017-2022 ($ bn)
        • Table LTL - Year-over-year growth 2018-2022 (%)
      • Temperature-controlled - Market size and forecast 2017-2022
        • Table Temperature-controlled - Market size and forecast 2017-2022 ($ bn)
        • Table Refrigerated transportation market in North America 2016-2021 ($ bn)
        • Table Temperature-controlled - Year-over-year growth 2018-2022 (%)
      • Others - Market size and forecast 2017-2022
        • Table Others - Market size and forecast 2017-2022 ($ bn)
        • Table Others - Year-over-year growth 2018-2022 (%)
      • Market opportunity by application
        • Table Market opportunity by application
    • Customer landscape
      • Table Customer landscape
    • Regional landscape
      • Geographical segmentation
        • Table Freight brokerage market in Americas by geography 2017-2022 (%)
        • Table Regional comparison
      • US - Market size and forecast 2017-2022
        • Table US - Market size and forecast 2017-2022 ($ bn)
        • Table Freight transportation in US 2016 (% volume)
        • Table US - Year-over-year growth 2018-2022 (%)
      • Canada - Market size and forecast 2017-2022
        • Table Canada - Market size and forecast 2017-2022 ($ bn)
        • Table Canada - Year-over-year growth 2018-2022 (%)
      • Others - Market size and forecast 2017-2022
        • Table Others - Market size and forecast 2017-2022 ($ bn)
        • Table Others - Year-over-year growth 2018-2022 (%)
      • Market opportunity
        • Table Market opportunity
    • Decision framework
    • Drivers and challenges
      • Market drivers
        • Table 3PL market in Americas 2017-2022 ($ bn)
        • Table 3PL share of key leading countries in Americas 2016
        • Table E-commerce market revenue in the US 2017-2022 ($ bn)
      • Market challenges
    • Market trends
      • Increase in imports and exports
        • Table Trade merchandise exports in Americas 2009-2015 ($ trillions)
        • Table Trade merchandise imports in Americas 2009-2015 ($ trillions)
      • Rising demand for intermodal freight transport
        • Table Intermodal freight transportation road-rail/ship
      • Technological advances in transportation sector
    • Vendor landscape
      • Overview
        • Table Vendor landscape
      • Landscape disruption
        • Table Landscape disruption
      • Competitive scenario
    • Vendor analysis
      • Vendors covered
        • Table Vendors covered
      • Vendor classification
        • Table Vendor classification
      • Market positioning of vendors
        • Table Market positioning of vendors
      • C.H. Robinson
        • Table C.H. Robinson overview
        • Table C.H. Robinson - Business segments
        • Table C.H. Robinson - Organizational developments
        • Table C.H. Robinson - Geographic focus
        • Table C.H. Robinson - Segment focus
        • Table C.H. Robinson - Key offerings
      • Echo Global Logistics
        • Table Echo Global Logistics overview
        • Table Echo Global Logistics - Business segments
        • Table Echo Global Logistics - Organizational developments
        • Table Echo Global Logistics - Geographic focus
        • Table Echo Global Logistics - Segment focus
        • Table Echo Global Logistics - Key offerings
      • Expeditors
        • Table Expeditors overview
        • Table Expeditors - Business segments
        • Table Expeditors - Organizational developments
        • Table Expeditors - Geographic focus
        • Table Expeditors - Segment focus
        • Table Expeditors - Key offerings
      • Landstar
        • Table Landstar overview
        • Table Landstar - Business segments
        • Table Landstar - Organizational developments
        • Table Landstar - Geographic focus
        • Table Landstar - Segment focus
        • Table Landstar - Key offerings
      • TQL
        • Table TQL overview
        • Table TQL - Business segments
        • Table TQL - Organizational developments
        • Table TQL - Geographic focus
        • Table TQL - Key offerings
      • XPO Logistics
        • Table XPO Logistics overview
        • Table XPO Logistics - Business segments
        • Table XPO Logistics - Organizational developments
        • Table XPO Logistics - Geographic focus
        • Table XPO Logistics - Segment focus
        • Table XPO Logistics - Key offerings
    • Appendix
      • List of abbreviations
    • Explore Technavio

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