Digital Freight Brokerage Market Report 2025

The digital freight brokerage market size has grown exponentially in recent years. It will grow from $3.56 billion in 2024 to $4.47 billion in 2025 at a compound annual growth rate (CAGR) of 25.6%. The growth in the historic period can be attributed to e-commerce expansion, regulatory reforms in logistics, fuel price volatility, globalization of trade, shortage of truck drivers, and demand for supply chain visibility.

The digital freight brokerage market size is expected to see exponential growth in the next few years. It will grow to $11.12 billion in 2029 at a compound annual growth rate (CAGR) of 25.6%. The growth in the forecast period can be attributed to a rise in third-party logistics partnerships, dynamic pricing models, urbanization growth, integration of real-time tracking, surge in cross-border shipments, and emphasis on carbon footprint reduction. Major trends in the forecast period include AI-based freight matching, blockchain for shipment transparency, multimodal transport optimization, carrier capacity digitization, predictive analytics in route planning, and digital payment adoption.

The forecast of 25.6% growth over the next five years reflects a slight reduction of 0.2% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through reduced shipping efficiency, as load matching algorithms and real-time tracking platforms, largely developed in the Netherlands and India, face implementation delays due to higher software licensing costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growing adoption of smartphones and tablets is expected to significantly boost the digital freight brokerage market. These portable, internet-enabled devices provide convenient on-the-go access to communication, entertainment, and productivity tools, improving connectivity and daily convenience. As smartphones and tablets become more widely available, they offer cost-effective internet access, allowing individuals to connect, complete tasks, study, and shop from almost any location. In the context of digital freight brokerage, smartphones and tablets enable real-time communication, tracking, and management, improving efficiency and accessibility. For example, Priori Data, a mobile app intelligence company based in Germany, reported in January 2025 that there are 4.88 billion smartphone users worldwide, with approximately 7.21 billion devices in use, representing 60.42% of the global population. This increasing penetration of smartphones and tablets is driving growth in the digital freight brokerage market.

Leading companies in the digital freight brokerage market are developing digital logistics platforms to improve supply chain efficiency, visibility, and automation. These platforms play a key role in supporting digital freight brokerage by facilitating real-time freight matching, booking, and tracking via a centralized, automated system. For instance, in April 2023, Tiger Logistics, an India-based company providing end-to-end supply chain and logistics solutions, launched FreightJar, a digital logistics platform designed to streamline and optimize freight booking and management in international logistics. With its intuitive interface and powerful features, FreightJar boosts operational efficiency by enabling exporters and importers to manage shipping needs more effectively. The platform offers real-time access to freight rates, instant booking options, automated documentation, and shipment tracking, enhancing accessibility, visibility, and transparency throughout the supply chain.

In December 2024, Fura, a US-based digital freight brokerage company focused on logistics optimization, acquired Pinwheel Logistics Inc. for an undisclosed amount. This acquisition aims to broaden Fura's digital freight brokerage capabilities and strengthen its offerings in the food and beverage logistics sector. Pinwheel Logistics Inc. is a US-based company that provides multi-modal freight forwarding services.

Major players in the digital freight brokerage market are DHL International GmbH, DB Schenker Logistics, CEVA Logistics Inc., C.H. Robinson Worldwide Inc, J.B. Hunt Transport Inc., Flexport Inc., Echo Global Logistics Inc., Uber Freight LLC, Coyote Logistics LLC, DAT, NFI Industries, Loadsmart Inc., Convoy Inc., Cargomatic Inc., Freight Waves Inc., ergoCentric Inc., 123 Loadboard, Trucker Path Inc., Freightera Logistics Inc., and Cargo Chief Inc.

North America was the largest region in the digital freight brokerage market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in digital freight brokerage report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the digital freight brokerage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The digital freight brokerage market includes revenues earned by entities by providing services such as drayage services, parcel freight brokerage, white glove delivery services, freight consolidation services, and final-mile delivery. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the ensuing trade tensions in spring 2025 are having a considerable impact on the financial sector, particularly in the areas of investment strategies and risk management. The increased tariffs have intensified market volatility, leading institutional investors to adopt more cautious approaches and driving greater demand for hedging solutions. Banks and asset managers are encountering higher costs in cross-border transactions as disrupted global supply chains and declining corporate earnings weigh on equity market performance. At the same time, insurance providers are facing elevated claims risks linked to supply chain interruptions and trade-related business losses. Furthermore, reduced consumer spending and weaker export demand are limiting credit growth and dampening investment appetite. In response to these challenges, the sector must focus on diversification, accelerate digital transformation, and strengthen scenario planning to manage the heightened economic uncertainty and safeguard profitability.

Digital freight brokerage refers to the use of technology platforms to connect shippers with carriers for the efficient transportation of goods. Unlike traditional freight brokers, digital freight brokers utilize web-based tools, mobile apps, and artificial intelligence to automate and streamline the processes of booking, tracking, and managing freight shipments.

The main types of digital freight brokerage include online platform-based freight brokerage, warehouse aggregation services, automated on-demand freight brokerage solutions, and others. Online platform-based freight brokerage is a digital system that connects shippers and carriers for real-time freight matching, booking, and logistics management. These services are deployed across mobile, desktop, and other platforms, offering various types of services such as full truckload brokerage, less than truckload brokerage, intermodal brokerage, expedited freight, refrigerated freight (temperature-controlled), cross-border freight brokerage, and more. Supported transportation modes include road, sea, air, rail, and others. The services cater to a wide range of end users including retail and e-commerce, manufacturing, healthcare, automotive, and others.

The digital freight brokerage market research report is one of a series of new reports that provides digital freight brokerage market statistics, including the digital freight brokerage industry's global market size, regional shares, competitors with a digital freight brokerage market share, detailed digital freight brokerage market segments, market trends and opportunities, and any further data you may need to thrive in the digital freight brokerage industry. This digital freight brokerage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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