North America Freight Brokerage Services Market Size and Share
North America Freight Brokerage Services Market Analysis by Mordor Intelligence
The North America Freight Brokerage Services Market size is estimated at USD 22.77 billion in 2025, and is expected to reach USD 32.79 billion by 2030, at a CAGR of 7.57% during the forecast period (2025-2030).
Growth reflects the sector’s pivot from relationship-based intermediation toward data-driven logistics orchestration, enabled by cloud platforms, API connectivity, and machine-learning pricing engines. Brokers are capturing demand created by tight cross-border trucking capacity, heightened shipper focus on supply-chain resilience, and continuous adoption of digital freight matching tools. Consolidation is accelerating as compliance costs rise and fraud risks intensify, giving scale players the working-capital depth and technology budgets needed to sustain competitive advantage. Mexico-oriented nearshoring trends, enterprise shipper visibility mandates, and warehouse-labor shortages further underpin the North America freight brokerage services market’s long-term growth runway.
Key Report Takeaways
- By service, full-truckload held 71.8% of the North America freight brokerage services market share in 2024, while less-than-truckload is advancing at a 9.8% CAGR to 2030.
- By equipment, dry-van moves commanded 44.2% of the North America freight brokerage services market share in 2024, and refrigerated vans are projected to expand at a 10.2% CAGR during 2025-2030.
- By haul length, long-haul shipments (More than 500 miles) accounted for 64.7% of the North America freight brokerage services market size in 2024, whereas local haul (Less than 100 miles) is forecast to grow at 11.2% CAGR through 2030.
- By business model, traditional brokers controlled 58.4% of the North America freight brokerage services market size in 2024; digital freight brokerage is the fastest-growing model at a 21.8% CAGR to 2030.
- By end user, manufacturing & automotive generated a 31.2% share in 2024, while e-commerce & 3PL fulfillment is accelerating at a 15.4% CAGR to 2030.
- By customer size, large enterprises represented 62.1% share in 2024, yet small businesses are expanding at 12.8% CAGR through 2030.
- By geography, the United States dominated with an 86.43% stake in 2024; Mexico is set to log the highest 8.71% CAGR during the outlook period.
North America Freight Brokerage Services Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Capacity Tightness in Cross-Border U.S.–Mexico Truck Lanes | +1.8% | US-Mexico border states, Texas, California | Medium term (2-4 years) |
| Rise of Digital Freight Matching Platforms and API-Led Connectivity | +1.5% | North America, concentrated in major metros | Short term (≤ 2 years) |
| Shipper Push for Real-Time Visibility and Data-Rich Tendering | +1.2% | Global, led by North America enterprise shippers | Short term (≤ 2 years) |
| FMCSA Financial-Responsibility Rule Forcing Carrier Preference for Well-Capitalized Brokers | +0.9% | United States, regulatory compliance zones | Medium term (2-4 years) |
| OEM Near-Shoring (Auto, Electronics) Boosting Northbound Southbound Loads | +1.1% | US-Mexico corridor, automotive manufacturing hubs | Long term (≥ 4 years) |
| Warehouse Labor Shortages Driving Outsourcing to Managed-Transport Broker Solutions | +0.8% | North America, concentrated in logistics hubs | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Capacity Tightness in Cross-Border U.S.–Mexico Truck Lanes
Cross-border congestion is driving structural pricing power for brokers that combine bilingual operations, bonded-carrier networks, and customs-clearance expertise. Load imbalances between southbound finished-goods traffic and northbound raw-material flows allow sophisticated brokers to reposition equipment and secure premium rates. Wait-time volatility at Laredo, Otay Mesa, and other crossings incentivizes shippers to lean on intermediaries to manage scheduling, paperwork, and risk, reinforcing the North America freight brokerage services market’s value proposition[1]Dan Ronan, “CH Robinson News Updates,” Transport Topics, ttnews.com.
Rise of Digital Freight Matching Platforms and API-Led Connectivity
API-native platforms now process more than 3 million logistics tasks weekly, compressing manual tender cycles from hours to minutes. Direct TMS integrations streamline quote-to-delivery workflows and support dynamic pricing models that improve load acceptance. While 61% of brokers still operate partially automated systems, early adopters report transaction-cost reductions of up to 38%, catalyzing share shift toward technology-forward operators within the North America freight brokerage services market[2]Nate Tabak, “Freight industry still lags in technology adoption,” FreightWaves, freightwaves.com.
Shipper Push for Real-Time Visibility & Data-Rich Tendering
Large shippers increasingly require predictive ETAs, emissions footprints, and carrier scorecards embedded in their procurement portals. Brokers that ingest telematics and IoT sensor feeds into analytics engines can offer exception alerts and temperature-traceable audits that command higher margins. Carbon-monitoring dashboards are becoming bid-table prerequisites, further raising the capability bar across the North America freight brokerage services market[3]Hilary Daninhirsch, “2025 Technology Trends in Freight Shipping That Businesses Should Know,” Flock Freight, flockfreight.com.
FMCSA Financial-Responsibility Rule Elevating Capital Barriers
Enhanced surety-bond and trust-fund thresholds are shrinking the long tail of under-capitalized intermediaries. Carriers prefer brokers with BMC-85 levels that exceed USD 75,000, accelerating consolidation. Well-capitalized firms leverage balance-sheet strength to secure carrier loyalty, resist margin squeeze, and comply with new transparency mandates, tightening competitive dynamics throughout the North America freight brokerage services market[4]“FMCSA BMCs: What Freight Brokers Need to Know,” DAT Solutions, dat.com.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Spot/Contract Margin Compression Amid Prolonged Freight Recession | -1.4% | North America, concentrated in oversupplied lanes | Short term (≤ 2 years) |
| Surging Receivables Financing Costs as Interest Rates Stay High | -0.9% | United States, Canada, affecting cash flow management | Medium term (2-4 years) |
| Mandatory Trust-Fund Liquidity Tightening Access for Small Brokers | -0.7% | United States, regulatory compliance zones | Medium term (2-4 years) |
| Fraudulent Carrier Identity and Double-Broker Scams Eroding Customer Confidence | -1.1% | North America, concentrated in high-value freight lanes | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Spot/Contract Margin Compression Amid Prolonged Freight Recession
A spot-to-contract spread of USD 0.52 per mile is forcing shippers to renegotiate routing guides, squeezing broker buy-sell margins. The market counts 92,000 more active carriers than in pre-pandemic levels, sustaining rate pressure and challenging brokers to balance volume retention against profitability. Extended cyclical softness may knock 150-200 basis points off the North America freight brokerage services market’s blended margin profile through 2026.
Fraudulent Carrier Identity & Double-Broker Scams Eroding Confidence
Cargo-theft incidents spiked 600% within 18 months, with average per-load losses topping USD 40,760. Brokers now dedicate over two staff-hours per day to vetting, identity verification, and claims management, adding significant overhead. Persistent fraud risk undermines shipper confidence and raises insurance premiums, restraining growth in the North America freight brokerage services market..
Segment Analysis
By Service: Full-Truckload Dominance Faces LTL Disruption
Full-truckload generated 71.8% of 2024 revenue, leveraging long-haul corridor efficiency and abundant dry-van supply within the North America freight brokerage services market size. Less-than-truckload is scaling at a 9.8% CAGR (2025-2030) as e-commerce fragmentation fuels smaller, more frequent consignments. The LTL uptrend is amplified by carrier exits that tightened capacity, enabling brokers specializing in pallet-level consolidation to realize yield premiums.
Digital platforms are converging modal offerings, allowing shippers to procure FTL, LTL, and expedited services through a single interface. This multi-service bundling enhances stickiness and enlarges the addressable wallet, reinforcing diversification strategies across the North America freight brokerage services market.
Note: Segment shares of all individual segments available upon report purchase
By Equipment/Trailer Type: Dry-Van Leadership Challenged by Cold-Chain Growth
Dry-van moves captured 44.2% of 2024 revenue, reflecting the trailer’s versatility across consumer, industrial, and retail commodities. Refrigerated vans are forecast to deliver a 10.2% CAGR through 2030, supported by fresh-food retailing, pharmaceutical cold-chain expansion, and high-value electronics requiring temperature control. Reefer-qualified carrier scarcity and compliance with FDA FSMA rules grant brokers pricing leverage and margin insulation within the North America freight brokerage services market share.
Flatbed and step-deck demand correlates with construction and energy spending cycles, while tanker movements depend on chemical and liquid bulk output. Specialized equipment expertise differentiates brokers and drives segmentation of carrier networks around safety-critical credentials and hazmat certifications.
By Haul Length: Long-Haul Dominance Meets Local-Haul Acceleration
Long-haul shipments exceeding 500 miles represented 64.7% of 2024 revenue, leveraging North America’s continental scale and consolidated distribution footprints. Local-haul volumes (More than 100 miles) are rising at 11.2% CAGR (2025-2030), powered by urban micro-fulfillment centers and same-day delivery programs that require dense, short-distance routing. The divergence compels brokers to deploy distinct carrier networks, pricing matrices, and technology stacks to serve each haul-length cluster inside the North America freight brokerage services market.
Regional lanes between 100-500 miles retain industrial relevance, particularly across Midwest manufacturing belts and Southeast consumer-goods corridors. Optimization engines calibrate driver hours-of-service, detention risk, and fuel efficiency by haul-length classification to maximize profitability.
By Business Model: Traditional Brokers Face Digital Transformation Pressure
Relationship-oriented firms retained a 58.4% share in 2024, yet digital-first competitors are expanding at a 21.8% CAGR (2025-2030) by automating load matching, pricing, and settlement workflows. Asset-based hybrids leverage owned tractors and trailers to de-risk capacity shortages, while agent models extend geographic reach via commission-based field representatives. Irrespective of origin, winning participants in the North America freight brokerage services market are embedding API suites, AI rate engines, and ELD-sourced telematics to satisfy shipper connectivity mandates.
Scale economics favor multi-modal brokers that spread technology investments across larger revenue bases. Smaller operators join cooperative networks or white-label third-party platforms to remain relevant amid escalating compliance and cybersecurity costs.
Note: Segment shares of all individual segments available upon report purchase
By End-User Industry: Manufacturing Leadership Faces E-Commerce Disruption
Manufacturing & automotive freight generated 31.2% of 2024 revenue thanks to nearshored OEM output and complex just-in-time delivery schedules. E-commerce & 3PL fulfillment shipments are projected to climb at a 15.4% CAGR (2025-2030), driven by direct-to-consumer parcelization and omnichannel retailer requirements for rapid replenishment. Seasonal produce, pharmaceuticals, and retail goods add volume volatility that brokers mitigate through dynamic pricing models within the North America freight brokerage services market.
Construction freight maintains mid-single-digit expansion tied to infrastructure appropriations, while energy and chemical sectors underpin specialized tanker demand. Healthcare loads command premium pricing for temperature-controlled, chain-of-custody compliant services.
By Customer Size: Enterprise Dominance Meets SME Digital Adoption
Large enterprises accounted for 62.1% 2024 revenue owing to bulk tender volumes and multi-lane routing guides. Small businesses are scaling at 12.8% CAGR (2025-2030) as self-serve portals lower the threshold to procure brokerage, enabling same-day quotes and carrier bookings without contract lock-ins. Automated credit checks, instant insurance verification, and embedded finance tools reduce working-capital friction, opening incremental share for brokers focused on the SME cohort inside the North America freight brokerage services market.
Mid-market shippers balance bespoke service expectations with tech-enabled cost visibility, representing a stable pipeline of incremental growth as firms graduate from spot buying to strategic freight procurement.
Geography Analysis
The United States generated 86.43% of 2024 revenue, anchored by diversified industrial production, dense interstate corridors, and mature brokerage regulation under the FMCSA. Freight hubs such as Chicago, Dallas, and Los Angeles exhibit the greatest broker concentration, reflecting high load densities and multi-modal interchange points. USMCA provisions streamline paperwork but still require specialized knowledge of customs, import security filings, and bonded carrier protocols, reinforcing brokerage value in the United States' share of the North America freight brokerage services market.
Mexico is posting the fastest 8.71% CAGR through 2030 as automotive, electronics, and appliance OEMs relocate production to Bajío and northern states. Northbound finished-goods loads paired with southbound component shipments generate round-trip volume potential for brokers versed in Carta Porte regulations, CTPAT compliance, and bilingual driver coordination. Highway upgrades and port-of-entry expansions shorten transit-time variability, raising brokerage adoption among Mexican exporters aiming at U.S. retail markets.
Competitive Landscape
The North America freight brokerage services market features moderate fragmentation. Top platforms such as C.H. Robinson and TQL deploy AI-driven pricing engines that process 2 billion annual rate data points, improving acceptance ratios and reducing manual touches. RXO’s USD 1.025 billion acquisition of Coyote Logistics broadened its cross-border network and injected 10,000 additional carriers into its marketplace. Schneider National’s logistics arm blends asset-based capacity with brokerage to assure coverage during seasonal surges, while Arrive Logistics expands its physical footprint to access regional talent pools and deepen customer intimacy.
Technology capabilities anchor competitive strategy. Market leaders invest in API marketplaces, predictive ETA algorithms, and robotic process automation that cuts order-to-cash cycle times. Mid-tier firms pursue niche specialization in temperature-controlled, hazmat, or project cargo lanes where deep equipment and regulatory expertise trumps pure scale. Venture-backed digital entrants provide rate transparency and instant booking but encounter profitability headwinds linked to heavy customer-acquisition spending.
Regulatory compliance and fraud mitigation now rank alongside price and service as differentiators. Brokers deploying blockchain-enabled carrier identity tools and real-time certificate-of-insurance validation gain trust advantages with enterprise shippers. Those unable to shoulder escalating surety-bond costs or invest in cyber-security risk downgrading, accelerating an M&A wave that is reshaping the competitive topology of the North America freight brokerage services market.
North America Freight Brokerage Services Industry Leaders
-
C.H. Robinson Worldwide
-
Total Quality Logistics (TQL)
-
XPO, Inc.
-
RXO
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J.B. Hunt ICS
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: C.H. Robinson extended AI agents across its end-to-end shipment lifecycle, automating 3 million annual logistics tasks and cutting tender response times by 50%.
- November 2024: Schneider National purchased Cowan Systems for USD 390 million, integrating intermodal brokerage with asset-based trucking to diversify service offerings.
- October 2024: Arrive Logistics opened a Minneapolis–Saint Paul office, its seventh new location in two years, enhancing proximity to Upper-Midwest shippers and carrier partners.
- September 2024: RXO closed a USD 1.025 billion acquisition of Coyote Logistics, creating one of the continent’s largest non-asset freight marketplaces with expanded U.S.–Mexico capabilities.
North America Freight Brokerage Services Market Report Scope
| Full-Truckload (FTL) |
| Less-than-Truckload (LTL) |
| Others |
| Dry Van |
| Refrigerated Van |
| Flatbed / Step-Deck |
| Tanker (Bulk Liquid & Chemical) |
| Others |
| Long-Haul (More than 500 miles) |
| Regional (100-500 miles) |
| Local (Less than 100 miles) |
| Traditional Freight Brokerage |
| Asset-Based Freight Brokerage |
| Agent Model Freight Brokerage |
| Digital Freight Brokerage |
| Manufacturing & Automotive |
| Construction & Infrastructure Projects |
| Oil, Gas, Mining & Chemicals |
| Agriculture & Food / Beverage |
| Retail, FMCG & Wholesale Distribution |
| Healthcare & Pharmaceuticals |
| E-commerce & 3PL Fulfilment |
| Other End-User Industry |
| Large Enterprise Shippers (More than USD 100 M) |
| Mid-Market Shippers (USD 10–100 M) |
| Small Businesses (Less than USD 10 M) |
| United States |
| Canada |
| Mexico |
| By Service | Full-Truckload (FTL) |
| Less-than-Truckload (LTL) | |
| Others | |
| By Equipment / Trailer Type | Dry Van |
| Refrigerated Van | |
| Flatbed / Step-Deck | |
| Tanker (Bulk Liquid & Chemical) | |
| Others | |
| By Haul Length | Long-Haul (More than 500 miles) |
| Regional (100-500 miles) | |
| Local (Less than 100 miles) | |
| By Business Model | Traditional Freight Brokerage |
| Asset-Based Freight Brokerage | |
| Agent Model Freight Brokerage | |
| Digital Freight Brokerage | |
| By End-User Industry | Manufacturing & Automotive |
| Construction & Infrastructure Projects | |
| Oil, Gas, Mining & Chemicals | |
| Agriculture & Food / Beverage | |
| Retail, FMCG & Wholesale Distribution | |
| Healthcare & Pharmaceuticals | |
| E-commerce & 3PL Fulfilment | |
| Other End-User Industry | |
| By Customer Size | Large Enterprise Shippers (More than USD 100 M) |
| Mid-Market Shippers (USD 10–100 M) | |
| Small Businesses (Less than USD 10 M) | |
| By Geography | United States |
| Canada | |
| Mexico |
Key Questions Answered in the Report
What is the current size of North America’s freight brokerage services arena?
The sector generated USD 22.77 billion in 2025 and is projected to reach USD 32.79 billion by 2030.
How fast is digital freight brokerage expanding?
Automated, API-driven platforms are forecast to post a 21.8% CAGR between 2025 and 2030, outpacing all other business models.
Which customer group is growing most quickly for brokers?
Small businesses are scaling at a 12.8% CAGR as self-service portals lower entry barriers and streamline booking.
Why are refrigerated van moves attracting attention?
Cold-chain shipments are expected to rise at a 10.2% CAGR through 2030, fueled by fresh-food retailing and pharmaceutical distribution.
What geographic segment offers the strongest growth outlook?
Mexico is projected to expand at an 8.71% CAGR thanks to nearshoring-led manufacturing and upgraded trade corridors.
How are new FMCSA financial-responsibility rules reshaping competition?
Higher surety-bond and trust-fund thresholds favor well-capitalized brokers, accelerating consolidation and raising barriers for smaller entrants.
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