Freight Forwarding Brokerages & Agencies in the US - Industry Market Research Report

Freight Forwarding Brokerages & Agencies in the US - Industry Market Research Report

  • July 2017
  • 32 pages
  • Ibisworld
Report ID: 237512
Chugging along: US economic growth and increased consumer spending will boost demand

Abstract

Freight Forwarding Brokerages & Agencies in the US



Over the past five years, the Freight Forwarding Brokerages and Agencies industry has expanded. In this period, economic recovery led to rising consumer spending, e-commerce sales and industrial output. As a result, domestic freight volumes increased, which drove demand for industry services. Moreover, initially strong growth in emerging markets encouraged trade, thereby increasing demand for the industry’s trade-related services, such as customs brokerage. Overall, over the five years to 2017, industry revenue is expected to increase.

Over the five years to 2022, industry revenue is forecast to climb due to accelerated US economic growth and increased consumer spending.

Companies in this industry arrange the transportation of freight between shippers and carriers. These operators are usually known as freight forwarders, marine shipping agents or customs brokers, and offer services for many modes of transportation. Since operators act as agents, the industry does not include the cost of arrangement as part of its revenue.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY


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Country=UnitedStates Industry=LogisticsAndFreight ParentIndustry=Transportation Date=201707 Topic=MarketReport Publisher=Ibisworld Price=1000