North America Freight Brokerage Services Market Size and Share

North America Freight Brokerage Services Market (2025 - 2030)
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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.

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.

North America Freight Brokerage Services Market: Market Share by Service
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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.

North America Freight Brokerage Services Market: Market Share by Business Model
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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

  1. C.H. Robinson Worldwide

  2. Total Quality Logistics (TQL)

  3. XPO, Inc.

  4. RXO

  5. J.B. Hunt ICS

  6. *Disclaimer: Major Players sorted in no particular order
North America Freight Brokerage Services Market Concentration
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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.

Table of Contents for North America Freight Brokerage Services Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Capacity Tightness in Cross-Border U.S.–Mexico Truck Lanes
    • 4.2.2 Rise of Digital Freight Matching Platforms and API-Led Connectivity
    • 4.2.3 Shipper Push for Real-Time Visibility and Data-Rich Tendering
    • 4.2.4 FMCSA Financial-Responsibility Rule Forcing Carrier Preference for Well-Capitalized Brokers
    • 4.2.5 OEM Near-Shoring (Auto, Electronics) Boosting Northbound Southbound Loads
    • 4.2.6 Warehouse Labor Shortages Driving Outsourcing to Managed-Transport Broker Solutions
  • 4.3 Market Restraints
    • 4.3.1 Spot/Contract Margin Compression Amid Prolonged Freight Recession
    • 4.3.2 Surging Receivables Financing Costs as Interest Rates Stay High
    • 4.3.3 Mandatory Trust-Fund Liquidity Tightening Access for Small Brokers
    • 4.3.4 Fraudulent Carrier Identity and Double-Broker Scams Eroding Customer Confidence
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers (Carriers)
    • 4.7.3 Bargaining Power of Buyers (Shippers)
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Service
    • 5.1.1 Full-Truckload (FTL)
    • 5.1.2 Less-than-Truckload (LTL)
    • 5.1.3 Others
  • 5.2 By Equipment / Trailer Type
    • 5.2.1 Dry Van
    • 5.2.2 Refrigerated Van
    • 5.2.3 Flatbed / Step-Deck
    • 5.2.4 Tanker (Bulk Liquid & Chemical)
    • 5.2.5 Others
  • 5.3 By Haul Length
    • 5.3.1 Long-Haul (More than 500 miles)
    • 5.3.2 Regional (100-500 miles)
    • 5.3.3 Local (Less than 100 miles)
  • 5.4 By Business Model
    • 5.4.1 Traditional Freight Brokerage
    • 5.4.2 Asset-Based Freight Brokerage
    • 5.4.3 Agent Model Freight Brokerage
    • 5.4.4 Digital Freight Brokerage
  • 5.5 By End-User Industry
    • 5.5.1 Manufacturing & Automotive
    • 5.5.2 Construction & Infrastructure Projects
    • 5.5.3 Oil, Gas, Mining & Chemicals
    • 5.5.4 Agriculture & Food / Beverage
    • 5.5.5 Retail, FMCG & Wholesale Distribution
    • 5.5.6 Healthcare & Pharmaceuticals
    • 5.5.7 E-commerce & 3PL Fulfilment
    • 5.5.8 Other End-User Industry
  • 5.6 By Customer Size
    • 5.6.1 Large Enterprise Shippers (More than USD 100 M)
    • 5.6.2 Mid-Market Shippers (USD 10–100 M)
    • 5.6.3 Small Businesses (Less than USD 10 M)
  • 5.7 By Geography
    • 5.7.1 United States
    • 5.7.2 Canada
    • 5.7.3 Mexico

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves & M&A
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 C.H. Robinson Worldwide
    • 6.4.2 Total Quality Logistics (TQL)
    • 6.4.3 XPO, Inc.
    • 6.4.4 RXO
    • 6.4.5 J.B. Hunt ICS
    • 6.4.6 Echo Global Logistics
    • 6.4.7 Landstar System
    • 6.4.8 Schneider Logistics
    • 6.4.9 WWEX Group
    • 6.4.10 Arrive Logistics
    • 6.4.11 Mode Transportation
    • 6.4.12 BlueGrace Logistics
    • 6.4.13 Nolan Transportation Group
    • 6.4.14 Sunset Transportation
    • 6.4.15 Werner Enterprises
    • 6.4.16 Trinity Logistics
    • 6.4.17 Ascent Global Logistics
    • 6.4.18 Integrity Express Logistics
    • 6.4.19 ITS Logistics
    • 6.4.20 PLS Logistics Services

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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North America Freight Brokerage Services Market Report Scope

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
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
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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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