United States Freight Brokerage Market Outlook Report - Market Size, Share Analysis and Forecast (2025-2034)

The United States freight brokerage market reached a value of nearly USD 17.50 Billion in 2024. The market is projected to grow at a CAGR of 8.60% between 2025 and 2034 to attain around USD 39.93 Billion by 2034.

United States Freight Brokerage Market Outlook

Freight brokers connect shippers with freight carriers to facilitate transportation and form an integral part of the United States supply chain. In 2021, transportation’s total estimated contribution to U.S. GDP was USD 1.33 trillion, of which trucking contributed the largest share of all the freight modes, with USD 389.3 billion. The major driver of the market is the growing economy of the United States. Transportation and freight form a fundamental part of the economy’s tertiary sector, and the rapid economic growth results in significant United States freight brokerage market expansion.

Another key driver aiding the market is the boom in e-commerce. As the trend of online shopping grows, the requirement for safe and timely deliveries of shopped goods also rises. Hence, the expansion of big e-commerce giants like Amazon and eBay facilitates the United States freight brokerage market development.

The Rising Demand for Cost-Effective and Efficient Transportation of Large Shipments is One of the Crucial United States Freight Brokerage Market Trends

• The full truckload (FTL) segment is expected to lead with a CAGR of 9.6% during the forecast period of 2025-2034. The United States freight brokerage demand growth is being driven by the high demand for efficient and cost-effective transportation of large shipments across long distances. The growth of e-commerce and the need for timely delivery of goods are major factors fuelling the expansion of the FTL segment, as businesses seek reliable logistics solutions to meet consumer expectations.
• The less than truckload (LTL) segment is projected to grow at a CAGR of 9.0% between 2025 and 2034. The United States freight brokerage market revenue is being boosted by the increasing demand for shipping smaller, consolidated loads, especially for businesses with frequent but lower volume shipments.
• As per the United States freight brokerage market analysis, the "Others" category, encompassing specialised freight services like intermodal and expedited shipments, is anticipated to grow at a CAGR of 8.2%, reflecting the diverse needs of industries that require flexible and tailored logistics solutions.

The Growing Requirement for Efficient Transportation Solutions Among Manufacturers is Driving the United States Freight Brokerage Market Growth

• Manufacturers are expected to lead with the highest CAGR of 9.8%. The increasing need for efficient transportation solutions to manage supply chains and deliver goods to various markets is creating lucrative United States freight brokerage market opportunities.
• The automotive sector, growing at a CAGR of 9.2%, remains significant due to the need for reliable logistics solutions to transport vehicles and components.
• The consumer goods sector, with a CAGR of 8.9%, is expected to hold a significant portion of the United States freight brokerage market share. The region continues to adopt freight brokerage services to manage the distribution of a wide range of products.
• The healthcare sector, growing at a CAGR of 8.2%, reflects the rising demand for specialised logistics solutions for pharmaceutical and medical device transportation.
• The retail sector, with a CAGR of 7.7%, benefits from the growth of e-commerce and the need for efficient distribution networks.
• As per the United States freight brokerage industry statistics, the 'Others' category, with a CAGR of 6.9%, includes various other end uses contributing to overall market growth, driven by innovation and evolving logistics requirements.

United States Freight Brokerage Market Regional Analysis

• The Far West region is expected to lead with the highest CAGR of 10.0%. The region's robust logistics infrastructure, significant port activities, and a high volume of freight traffic are shaping the United States freight brokerage market dynamics and trends.
• The Rocky Mountain region follows with a CAGR of 9.3%, supported by increasing trade activities and investments in transportation networks.
• The Southwest is estimated to grow at a CAGR of 8.9% during the forecast period of 2025-2034. The growing manufacturing sector and strategic location for cross-border trade are increasing the United States freight brokerage market value.
• The Southeast, growing at a CAGR of 8.5%, shows significant growth due to expanding industrial activities and strong economic growth.
• New England, with a CAGR of 8.0%, and the Mideast, with a CAGR of 7.4%, exhibit steady growth, driven by established trade routes and logistics infrastructure.
• The United States freight brokerage market regional insights show that the Plains region, with a CAGR of 6.9%, and the Great Lakes region, with a CAGR of 6.5%, experience moderate growth due to stable but slower increases in freight brokerage activities.

Key Questions Answered in This Report:

• How has the United States freight brokerage market performed historically, and what are the growth expectations for the future?
• What are the primary factors influencing demand and growth in the United States freight brokerage market?
• What are the key segments within the United States freight brokerage market, and how are they expected to evolve over the forecast period?
• What are the major challenges and opportunities facing stakeholders in the United States freight brokerage market?
• Who are the key players in the United States freight brokerage market, and what strategies are they employing to maintain a competitive edge?
• What are the regulatory and policy factors influencing the United States freight brokerage market globally or regionally?
• How competitive is the United States freight brokerage market according to Porter's five forces analysis, including factors like the bargaining power of buyers and suppliers?
• What are the current trends shaping the United States freight brokerage market landscape, and how are they expected to evolve in the future?
• How are technological advancements impacting the United States freight brokerage market, and what role do innovation and R&D play in driving growth?
• What are the consumer preferences and buying behaviour trends influencing the United States freight brokerage market?
• How sustainable are current growth rates in the United States freight brokerage market, and what factors could potentially disrupt these trends?
• What are the regional dynamics within the United States freight brokerage market, and how do they contribute to overall market growth?
• What are the economic factors influencing the United States freight brokerage market, such as GDP growth, inflation rates, and currency fluctuations?
• How are demographic shifts, such as ageing populations or urbanization trends, affecting demand in the United States freight brokerage market?
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States freight brokerage market?
• What are the regulatory and legal frameworks impacting the United States freight brokerage market globally or in key regions?
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States freight brokerage market?
• What are the emerging market trends and niche opportunities within the United States freight brokerage market that stakeholders should be aware of?
• How resilient is the United States freight brokerage market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
• What are the potential barriers to market entry and growth for new players in the United States freight brokerage market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, and historical and current market trends, and forecasts the dynamics of the United States freight brokerage market spanning from 2018 to 2034.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States freight brokerage market.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States freight brokerage market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States freight brokerage market landscape.