Global Freight Brokerage Market Growth (Status and Outlook) 2025-2031

Global Freight Brokerage Market Growth (Status and Outlook) 2025-2031

The global Freight Brokerage market size is predicted to grow from US$ 62060 million in 2025 to US$ 85060 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Freight brokerage is a business with many participants and few clear leaders. A freight broker is someone who assists shippers with freight ready to haul by finding carriers who are qualified to haul the load.

Global Freight Brokerage key players include C.H. Robinson, Expeditors, Landstar System, TQL, etc. Global top four manufacturers hold a share about 60%.

United States is the largest market, with a share over 70%, followed by China, and Europe, both have a share about 15 percent.

In terms of product, Truckload is the largest segment, with a share about 60%. And in terms of application, the largest application is Food and Beverage, followed by Retail, Manufacturing, Auto and Industrial, etc.

LPI (LP Information)' newest research report, the “Freight Brokerage Industry Forecast” looks at past sales and reviews total world Freight Brokerage sales in 2024, providing a comprehensive analysis by region and market sector of projected Freight Brokerage sales for 2025 through 2031. With Freight Brokerage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Freight Brokerage industry.

This Insight Report provides a comprehensive analysis of the global Freight Brokerage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Freight Brokerage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Freight Brokerage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Freight Brokerage and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Freight Brokerage.

This report presents a comprehensive overview, market shares, and growth opportunities of Freight Brokerage market by product type, application, key players and key regions and countries.

Segmentation by Type:
Truckload
LTL
Other

Segmentation by Application:
Food and Beverage
Manufacturing
Retail
Auto and Industrial
Chemical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
C.H. Robinson
Expeditors
Landstar System
TQL
Coyote Logistics
XPO Logistics
Yusen Logistics
Echo Global Logistics
JB Hunt Transport
Worldwide Express
Hub Group
GlobalTranz Enterprises
Allen Lund
Transplace
Werner Logistics
BNSF Logistics

Please note: The report will take approximately 2 business days to prepare and deliver.