A freight broker is any company or an individual that acts as an intermediate between the shippers and carriers. The shippers provide freight for transportation while carriers have enough capacity to move the freight. Thus, freight broker aids both shippers as well as carriers. For shippers, freight brokers help them find trustworthy carriers that are difficult to locate by shippers. For carriers, freight brokers assist them in filling their truckloads and earning money for the transportation
Technavio’s analysts forecast the global freight brokerage market to grow at a CAGR of 4.19% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global freight brokerage market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of freight brokerage services which include LTL, FTL, temperature-controlled and others. The others type of services includes dry van and flatbed trailers.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Freight Brokerage Market 2017-2021, 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.
Market driver • Rising industrial demand for freight transportation • For a full, detailed list, view our report
Market challenge • High complexity in heavy freight transportation industry • For a full, detailed list, view our report
Market trend • Growing transportation and logistics industry • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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