PUBLISHER: Allied Market Research | PRODUCT CODE: 1140079
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140079
A freight brokerage service provider or freight broker is an intermediary between the shippers and the carrier. Using a network of these regional, national, and international ways of transportation, a freight broker is capable of providing the optimum capacity to each shipper to ship their cargo to the destination.
The global logistics has experienced tremendous transformation in the past few years. The COVID-19 pandemic is compelling the shippers to focus on using faster and cost effective method of shipping the cargo, which is expected to fuel the market for freight brokerage. Moreover, the growth in online sales owing to its ease is anticipated to fortify the demand for freight brokerage up to a great degree during the forecast period.
Freight brokerage market is segmented on the basis of end use industry, customer type, services, mode of transport, and region. By end use industry, it is divided into retail & e-Commerce, manufacturing, healthcare, automotive, and others. By customer type, it is divided into B2B, and B2C. By services, it is segmented into intermodal, truckload, and less than truckload. By mode of transport, it is divided into waterways, roadways, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter's five forces analysis to understand competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights competitive landscape of key players to increase their market share and sustain intense competition in the industry.
The key players that operate in this market are Allen Lund Companies, ArcBest Corporation, BNSF Logistics, C.H. Robinson Worldwide, Inc., Coyote Logistics LLC, Echo Global Logistics, England Logistics, Inc., Hub Group, Inc., GlobalTranz, J.B. Hunt Transport, Inc., Kenan Advantage Group, Inc. (KAG), Landstar System, Inc., Mode Transportation, Redwood Logistics, Schneider National, Inc., Total Quality Logistics, Transplace, Worldwide Express, Yusen Logistics Co., Ltd., and XPO Logistics, Inc
Key Benefits For Stakeholders
Key Market Segments
By End Use Industry
By Customer Type
By Services
By Mode of Transport
By Region