United States Freight Brokerage Market Size and Share
United States Freight Brokerage Market Analysis by Mordor Intelligence
The United States freight brokerage market size was valued at USD 21.28 billion in 2026 and estimated to grow from USD 22.82 billion in 2027 to reach USD 32.88 billion by 2032, at a CAGR of 7.58% during the forecast period (2027-2032).
Retail fulfillment needs and a fragmented carrier base in the United States make dependable freight coordination central to the brokerage proposition. Digital integration can connect load creation with execution, while emissions criteria add another consideration to carrier selection. Refrigerated LTL and cross-border handoffs illustrate where specialization can address a defined shipping requirement. Spot-market gross-margin dispersion and equipment-specific capacity pressure limit profitable coverage, while larger brokers pursue consolidation and integrated services, making lane-specific capacity commitments central to competing for a shipper's business.
Key Report Takeaways
- By service, full-truckload (FTL) led with a 63.32% United States freight brokerage market share in 2026, while less-than-truckload (LTL) is forecast to grow fastest at a 9.1% CAGR during 2027-2032.
- Among equipment and trailer types, dry van held a 44.41% share of the United States freight brokerage market size in 2026, and refrigerated van is projected to grow fastest at a 10.2% CAGR during 2027-2032.
- In the haul-length mix, long-haul moves of more than 500 miles represented 52.75% of brokerage revenue in 2026, whereas regional moves of 100 to 500 miles are forecast to grow fastest at an 8.45% CAGR during 2027-2032.
- Traditional freight brokerage led the business-model mix with 53.52% of brokerage revenue in 2026, and digital freight brokerage is projected to grow fastest at a 17.2% CAGR during 2027-2032.
- Across end-user industries, retail, FMCG and wholesale distribution accounted for 29.26% of brokerage revenue in 2026, while e-commerce and 3PL fulfillment is forecast to grow fastest at a 13.6% CAGR during 2027-2032.
- By customer size, large enterprise shippers with annual revenue above USD 100 million held 55.91% of brokerage revenue in 2026, and small businesses below USD 10 million in annual revenue are projected to grow fastest at a 10.5% CAGR during 2027-2032.
- Geographically, the Midwest led with 26.58% of brokerage revenue in 2026, while the Southwest is forecast to grow fastest at an 8.3% CAGR during 2027-2032.
Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.
Market Trends and Insights
Drivers Impact Analysis of United States Freight Brokerage Market*
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| E-Commerce Volume Surge and Next-Day Delivery Expectations | +3.1% | Nationwide | Short term (≤ 2 years) |
| Highly Fragmented Carrier Base Boosts Broker Relevance | +2.8% | Nationwide | Long term (≥ 4 years) |
| Rapid Digitization of TMS / API Integrations | +2.5% | Nationwide | Short term (≤ 2 years) |
| Shipper Demand for Carbon-Footprint-Optimized Routing | +0.9% | Nationwide | Medium term (2-4 years) |
| PE-Backed Shipper Consolidation Outsourcing to Brokers | +0.2% | Nationwide | Medium term (2-4 years) |
| Nearshoring and US-Mexico Cross-Border Expansion | +0.7% | US-Mexico border crossings | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
E-Commerce Volume Surge and Next-Day Delivery Expectations
Online retail expansion makes freight replenishment speed commercially consequential before the consumer delivery occurs. US retail e-commerce sales reached USD 340.2 billion in Q2 2026, up 12.2% (±0.9%) from Q2 2025 on a seasonally adjusted, not price-adjusted basis. US Prime members received over 8 billion Amazon items the same or next day in 2025, over 30% above 2024.[1] An AlixPartners online survey of 1,000 US consumers in 2026 found a maximum acceptable free-shipping delivery time of 2.6 days. Brokerage can support the upstream freight connections needed to replenish fulfillment operations serving such short windows. A retailer promising free delivery within 2.6 days has little room to absorb an uncovered replenishment load, so quick tendering and carrier coverage become the brokerage services that protect that promise.
Highly Fragmented Carrier Base Boosts Broker Relevance
A dispersed carrier base gives brokers a role in making small fleets commercially accessible to shippers. As of June 2025, nearly 580,000 active US motor carriers registered with the Federal Motor Carrier Safety Administration (FMCSA) owned or leased at least one tractor, and 91.5% operated 10 or fewer trucks. This distribution makes assembling coverage across separate fleets a different task from negotiating with a single transport provider. For shippers needing several lanes, brokerage can consolidate that search into one freight-arrangement relationship. The demand mechanism is access to dispersed capacity rather than an increase in the number of trucks. Securing another small fleet on a difficult lane can matter more to a shipper than a broader directory of carriers serving unrelated routes.
Rapid Digitization of TMS / API Integrations
Connecting load creation with execution can make brokerage practical for more frequent shipping requirements. In September 2025, Port TMS made an integration with DAT's Convoy Platform available to its users at no additional cost. The integration linked load posting from brokers' transportation management systems to automated freight matching, rate negotiation, booking, tracking, document management, and carrier payments. Bringing these activities into a connected workflow can reduce the separate handoffs required to arrange and administer a shipment. With booking and administration connected, brokers can reserve manual handling for exceptions instead of repeating those tasks on every routine shipment.
Shipper Demand for Carbon-Footprint-Optimized Routing
In 2025, Trane Technologies reported that 75% of its company-wide shipments used SmartWay-certified carriers, avoiding approximately 8,700 metric tons of CO2e emissions compared with non-SmartWay carriers. SmartWay is a US Environmental Protection Agency program promoting freight efficiency through transparent data tracking. For shippers using emissions criteria, carrier choice becomes part of the freight-arrangement task. A broker can compare suitable carrier options alongside route and consolidation alternatives for the same movement. That work can add service value when a lower-emissions option must also meet a defined delivery window. For a shipper prioritizing SmartWay carriers, access to a certified-carrier pool gives a broker a reason to be chosen when a load calls for that qualification.
Restraints Impact Analysis of United States Freight Brokerage Market*
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Spot-Rate Volatility Compressing Brokerage Margins | -1.3% | Nationwide | Short term (≤ 2 years) |
| Driver Shortage and Capacity Unpredictability | -0.8% | Florida, South Texas, Southern Arizona, and California | Short term (≤ 2 years) |
| Compliance Costs from AB5, Speed-Limiter Proposals | -0.3% | State of California | Medium term (2-4 years) |
| Shipper Direct Contracting via Digital Load Boards | -0.2% | Nationwide | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Spot-Rate Volatility Compressing Brokerage Margins
Spot-rate volatility constrains a broker's ability to price capacity confidently while preserving the gross margin on each load. Ken Adamo, EASE Logistics chief strategy officer and former DAT chief of analytics, reported DAT's June 2026 data linked volatility to margin dispersion, with nearly 20% of spot loads at negative gross margin. He put spot-load gross margins at just under 13.5%, down about 2 percentage points year over year, while describing the level as still healthy. For a broker pricing additional spot freight, that dispersion means an aggregate margin cannot establish whether the next load will cover its carrier cost. Buying capacity above the amount recoverable from the shipper creates a negative gross contribution, so additional loads can reduce returns rather than reward expansion.
Driver Shortage and Capacity Unpredictability
Qualified-driver scarcity can raise the cost of carrier capacity before a broker arranges the freight movement. Motor carrier Heartland Express reported that the trucking industry's qualified-driver shortage increased driver compensation in 2025. Separately, TA Services reported that produce season tightened reefer capacity in Q2 2026 from Florida into the Southeast and from South Texas and Southern Arizona into Central and North California. These distinct pressures expose brokers to both labor-related costs and corridor-specific equipment scarcity when quoting service to food shippers. Motor carrier Schneider National, Inc., announced plans on October 1, 2026, to increase driver-instructor positions by 26% across its US training network. Training expansion can address the labor pipeline, but dependable refrigerated coverage also requires capacity in the affected corridor when seasonal loads compete for it.
*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.
United States Freight Brokerage Market Segment Analysis
By Service:
Full-Truckload Coverage and Refrigerated LTL ExpansionFull-truckload (FTL) accounted for a 63.32% share of the United States freight brokerage market size in 2026, making it the largest segment. C.H. Robinson's North American Surface Transportation truckload volume increased 0.5% in Q2 2026 versus Q2 2025. In such a truckload operation, the broker must match each complete freight requirement to carrier availability as loads are added. As truckload activity expands, a shipper gains little from a lower quote unless the broker also secures a carrier for the entire load.
Less-than-truckload (LTL) is forecast to be the fastest-growing segment, at a 9.1% CAGR during 2027-2032. On September 14, 2026, Circle Logistics announced that it was expanding refrigerated LTL service for food and beverage shippers and building a frozen-producer referral network. The broker and 3PL serves the continental United States and Mexico and described consolidating multiple pallet shipments onto a single temperature-controlled trailer. For smaller producers, this structure can connect partial shipments to carrier capacity without the charge for an entire truck. Building the producer referral network can make several small orders jointly serviceable, so access to compatible co-loads becomes as consequential as access to a trailer.
By Equipment / Trailer Type:
Dry Van Activity and Specialized Cargo RequirementsDry van represented a 44.41% United States freight brokerage market share in 2026, making it the largest segment. For the week ending October 17, 2026, DAT reported that dry-van load posts fell 6.0% and posted trucks slipped 0.5% week over week, while load posts were 23.4% above a year earlier. The load-to-truck ratio was 9.70, down from 10.27 the week before last but above 5.75 a year earlier, when posted trucks ran more than one-third higher. A broker pricing dry-van freight on DAT therefore faces a thinner posted-truck pool than a year earlier, limiting the reassurance that weekly easing offers about carrier coverage.
Refrigerated vans are forecast to be the fastest-growing segment, with a 10.2% CAGR during 2027-2032. On October 20, 2026, FreightWaves reported a national refrigerated truckload tender rejection rate of 21.44%, with fall-harvest produce and pre-Thanksgiving protein shipments tightening Pacific Northwest and Midwest capacity. Near-term volumes qualify the outlook, as USDA reported 7.76 million short tons of US fresh-produce truck shipments in Q1 2026, up 1% from Q4 2025 but down 10% from Q1 2025. Following its 2025 acquisition of Ohio refrigerated carrier Kandel Transport, Nagle Companies reported a combined fleet of 115 tractors and 200 trailers, with Kandel retaining its name and management and the combined operation serving Canada. Seasonal carrier refusals create a need for alternative refrigerated coverage even when produce tonnage is below its year-earlier level.
By Haul Length:
Through Movements and Recurring Regional ConnectionsLong-haul moves of more than 500 miles were the largest segment, accounting for 52.75% of brokerage revenue in 2026. C.H. Robinson's October 2026 North American update reported route-guide depth of 1.51 on shipments over 600 miles versus 1.25 under 400 miles. The measure tracks how far shippers turn to backup providers after an awarded carrier rejects a tender. For buyers of longer-haul movements, this weaker acceptance performance makes replacement coverage relevant before the shipment begins. Advance backup commitments can protect a long-distance service promise that would otherwise depend on the first carrier accepting every tender.
Regional moves of 100 to 500 miles are forecast to be the fastest-growing segment, at an 8.45% CAGR during 2027-2032. Covenant Logistics' combined truckload operations averaged 212 miles per haul in Q2 2026, inside the regional band and down from 285 miles in Q2 2025. For shippers repeatedly connecting a plant and warehouse within the regional band, both sites' pickup and receiving requirements can be established together. Once those requirements are fixed, a broker's effort on later loads shifts from rebuilding each load specification to handling exceptions.
By Business Model:
Brokerage Relationships and Digital Offer ActivityTraditional freight brokerage was the largest segment, with 53.52% of brokerage revenue in 2026. Total Quality Logistics reported more than 3.9 million shipments managed across its North American capacity in 2025. TQL also described a network of more than 140,000 transportation providers in 2025. A traditional broker can spread the effort of maintaining such a network across successive shipments, so its scale depends on repeat use of provider relationships as well as the number of contacts.
Digital freight brokerage is forecast to be the fastest-growing segment, at a 17.2% CAGR during 2027-2032. RXO said improved AI freight matching and user experience helped increase its digital carrier offers by approximately 25% sequentially in Q2 2026. Agent-model brokerage has a distinct channel example in Landstar, which marketed its integrated transportation-management solutions primarily through independent commission sales agents in fiscal 2025. Landstar exclusively used third-party capacity providers to transport its customers' freight. RXO credited matching-model and user-experience improvements with helping increase digital offers, whereas Landstar's fiscal 2025 model paired primarily agent-led marketing with exclusively third-party freight capacity.
By End-User Industry:
Store Networks and Specialized Fulfillment CapacityRetail, FMCG and wholesale distribution was the largest segment, with 29.26% of brokerage revenue in 2026. In March 2026, NRF forecast nominal US retail sales to grow 4.4% over 2025 to USD 5.6 trillion in 2026. Target used its nearly 2,000-store US network, including 18 stores opened in 2025, to fulfill the vast majority of sales through stores that year. Same-day options fulfilled two-thirds of its digital sales. Target's store-based fulfillment model gives freight replenishment 2 connected service purposes, supporting merchandise availability for retail selling and digital order fulfillment.
E-commerce and third-party logistics (3PL) fulfillment is forecast to be the fastest-growing segment, with a 13.6% CAGR during 2027-2032. ShipMonk opened KY2, a 406,000-square-foot Louisville fulfillment center for apparel brands, in March 2026, expanding its existing campus serving customers shipping nationwide. The facility's design includes 60 dock doors and more than 300,000 storage locations. The apparel focus favors a brokerage offer organized around this category's receiving requirements rather than an undifferentiated promise of nationwide coverage.
By Customer Size:
Enterprise Networks and Transaction-Based AccessLarge enterprise shippers with annual revenue above USD 100 million were the largest segment, with 55.91% of brokerage revenue in 2026. Walmart U.S. reported net sales of USD 483 billion in fiscal 2026. Walmart Inc. used a 192-facility US distribution network with its private truck fleet and contracted common carriers in fiscal 2026. The company began combining Sam's Club U.S. supply-chain functions with Walmart U.S. during that fiscal year to streamline operations and apply enterprise systems and infrastructure over time. Serving an enterprise with both owned-fleet and contracted-carrier operations requires brokers to fit around existing transport arrangements, so network scale cannot be treated as wholly contestable freight.
Small businesses with annual revenue below USD 10 million are forecast to be the fastest-growing segment, at a 10.5% CAGR during 2027-2032. For a small business arranging an occasional load, the service can be organized around a single freight requirement rather than a continuing carrier agreement. The broker can match the required pickup, delivery, and equipment to available third-party capacity. Commercial feasibility then depends on covering the coordination cost of that individual move.
Geography Analysis
Midwest Freight Brokerage Market
The Midwest accounted for a 26.58% share of the United States freight brokerage market size in 2026, making it the largest geography. Midwest Refrigerated Services opened a 200,000-square-foot distribution center with more than 36,000 refrigerated pallet positions in Belvidere, Illinois, in 2025, owning and operating it for Lactalis USA's Midwest logistics network. Concentrating refrigerated stock at a regional receiving center creates a coordination task between inbound supply and customer dispatch. Because the Belvidere site serves as a central site for the region's Lactalis customers, brokers that can schedule inbound arrivals against that dispatch cycle address a timing problem the pallet capacity alone does not solve.
Southwest Freight Brokerage Market
The Southwest is forecast to be the fastest-growing geography, with an 8.3% CAGR during 2027-2032. In February 2026, Total Quality Logistics opened a Laredo office for sales and operations support. It partnered with 3 transloading facilities offering over 200,000 square feet of storage and more than 75 dock doors within an average of 7 miles of the Laredo World Trade Port of Entry. U.S. Bank's seasonally and calendar-adjusted Freight Payment Index recorded Southwest domestic truckload and LTL shipments 20.2% below year-earlier levels in Q2 2026. Transloading near Laredo gives brokers a staging point for cross-border handoffs, distinguishing that service from the weaker domestic shipment channel.
The Northeast's port-linked freight channel includes the Port of New York and New Jersey, which handled 8.9 million TEUs in 2025, up 2.3% from 2024. In the Southeast, the Georgia Ports Authority handled nearly 5.7 million TEUs at the Port of Savannah in 2025, up 2.6% from 2024. In the West, the California Transportation Commission's approved 2026 program included planned spending of USD 33 million to expand rail freight operations at the Port of Long Beach. The Northeast and Southeast examples create opportunities for truck connections to established container gateways. On the West Coast, coordinating truck links with planned rail capacity offers a different commercial focus at the port interface.
Regulatory Framework and Outlook
This comparison assesses selected jurisdictions' financial-security and transaction-record frameworks from the perspective of a federally permitted interstate freight broker. FMCSA's broker financial-responsibility provisions took effect on January 16, 2026. Operating authority is subject to suspension if available security falls below USD 75,000 and the broker fails to replenish it within 7 calendar days. Maintaining the required backing therefore forms part of service continuity for a broker arranging freight between shippers and carriers.
Regulatory Table of United States Freight Brokerage Market
| Decision factor | United States | Texas |
|---|---|---|
| Primary authority | Federal Motor Carrier Safety Administration | Texas Department of Motor Vehicles |
| Key instruments or direction | 49 CFR 387.307 financial security and pending transaction-record changes under 49 CFR 371.3 | Transportation Code Chapter 646, including the federal-permit exception |
| Commercial effect | USD 75,000 surety bond or trust fund, with trust assets liquidatable within 7 calendar days | Chapter 646 does not apply to brokers holding the specified federal permit |
| Current policy attractiveness | Medium | High |
| Future direction of policy attractiveness | Hardening | No change |
| Source: Mordor Intelligence | ||
The federal regime has Medium attractiveness because ongoing financial backing and trust-fund liquidity conditions add an operating requirement. Hardening reflects FMCSA's unadopted November 2024 proposal for electronic transaction records and disclosure within 48 hours of transaction parties' requests, with an Office of Information and Regulatory Affairs review meeting held September 17, 2026. Texas has High attractiveness for this broker because Section 646.002 exempts holders of permits issued under Subtitle IV of Title 49, United States Code, from Chapter 646 and its minimum USD 10,000 bond. The operative permit exception supports No change in Texas policy attractiveness, while federal financial-security duties continue to apply alongside it.
Value Chain Stages
The comparison follows a freight order from load discovery through brokerage arrangement to physical carrier execution. DAT sells load-board access through flat monthly subscriptions connecting carriers and owner-operators with freight brokers. Total Quality Logistics provides North American freight brokerage. These activities separate payment for information access from income earned by arranging a movement and performing the transportation itself.
Value Chain Analysis Table of United States Freight Brokerage Market
| Primary activity | Key participants | Value capture | Bottleneck | Resilience response |
|---|---|---|---|---|
| Load discovery and matching | Load-board providers such as DAT | Monthly access subscriptions | A posted opportunity does not secure carrier acceptance | Connect search to broker acceptance and carrier confirmation |
| Freight arrangement | Freight brokers such as C.H. Robinson and Total Quality Logistics | Transportation-arrangement service revenue | Coordinating the shipper commitment with purchased capacity | Maintain alternative carrier options for the agreed movement |
| Physical freight movement | LTL motor carriers such as Old Dominion Freight Line | Transportation operating revenue | Old Dominion identifies equipment and parts procurement risk | Diversify capacity access and maintenance supply options |
| Source: Mordor Intelligence | ||||
Old Dominion warns that reduced equipment and parts supply or higher costs may harm its profitability and cash flows. A broker relying on that LTL carrier for a movement is therefore exposed to its equipment risk. Old Dominion invested USD 2.4 billion in its service-center network over the 10 years through 2025 to provide capacity for customer growth, a different kind of capacity from equipment supply.[2] Alternative-carrier access can complement load-board matching when reliance on Old Dominion would leave a movement exposed to equipment availability.
Competitive Landscape
Market Concentration
The dispersed field combines specialized brokers and broader logistics providers, including Total Quality Logistics (TQL) in freight brokerage and Echo Global Logistics in North American brokerage and managed transportation. C.H. Robinson's North American Surface Transportation business brokers truckload and LTL freight through offices in the United States, Canada, and Mexico. UPS sold its truckload brokerage Coyote Logistics to RXO, Inc., in a transaction completed on September 16, 2024. RXO reported company-wide brokerage volume growth of 2% in Q2 2026 versus Q2 2025, with truckload up 2% and LTL up 3%. Because TQL, Echo, C.H. Robinson, and RXO each offer truckload and LTL brokerage, shippers have several suppliers covering both modes and can compare service coverage across those alternatives.
Echo completed its acquisition of ITS Logistics in March 2026, and the 2 companies generated approximately USD 5.2 billion in combined company revenue in 2025. ITS brought a drop-trailer and trailer-pool program, dedicated capacity, container management, drayage, and omnichannel fulfillment capabilities to the combination. For a shipper combining container arrivals with domestic delivery requirements, those functions can support a more continuous freight-arrangement relationship across the North American network. Without drayage capability, a rival broker would need a partner to compete for the complete container-to-inland assignment.
On October 5, 2026, C.H. Robinson entered a merger agreement to acquire RXO. Both boards unanimously approved the agreement, with closing expected in the first half of 2027 subject to customary conditions including regulatory approval and RXO stockholder approval. RXO reported FMCSA licensing and certain federal bonding duties for its U.S. ground property-broker subsidiaries in its fiscal 2025 filing. For a shipper choosing contracts with both firms to obtain independent counterparties, closing would place 2 brokerage relationships under one corporate owner. Those buyers would have a concrete reason to retain backup brokerage relationships outside the proposed combination.
United States Freight Brokerage Industry Leaders
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Total Quality Logistics (TQL)
-
Echo Global Logistics
-
C.H. Robinson
-
RXO, Inc.
- *Disclaimer: Major Players sorted in no particular order
United States Freight Brokerage Market Companies Covered in this Report
- Allen Lund Company
- ArcBest Corporation
- Arrive Logistics
- BlueGrace Logistics
- BNSF Logistics
- C.H. Robinson
- Convoy Inc.
- Echo Global Logistics
- GlobalTranz (WWEX)
- Hub Group
- J.B. Hunt Transport Services, Inc.
- Landstar System, Inc.
- Mode Global
- Nolan Transportation Group
- Spot, Inc.
- Redwood Logistics
- Schneider FreightPlus
- SunteckTTS
- Total Quality Logistics (TQL)
- Trinity Logistics
- Uber Freight
- Worldwide Express
- RXO, Inc.
Key Opportunities for Market Participants
The comparison evaluates cross-border coordination and financial-security assurance as opportunities for US freight brokers. Mexico introduced an upgraded single-window system and a trade-facilitation framework in May 2026.[3] Changed customs workflows give brokers serving Mexico trade a reason to align truck dispatch with customs status.
Market Opportunities Table of United States Freight Brokerage Market
| Opportunity | Why now | Buyer / lead segment | Recommended play | Main barrier | Likely beneficiaries |
|---|---|---|---|---|---|
| Cross-border workflow integration | Connecting changed customs workflows to freight dispatch | US enterprise shippers trading with Mexico | Align brokered truck handoffs with customs-document and clearance status | Coordinating responsibilities across customs and transportation participants | Cross-border brokers such as C.H. Robinson |
| Financial-security assurance | Eligible trust assets are restricted to cash, irrevocable letters of credit from federally insured depository institutions, and Treasury bonds | Shippers evaluating brokers using BMC-85 trusts | Provide clear evidence of eligible financial security alongside freight coverage | Maintaining qualifying liquid assets while funding operations | Brokerages able to meet the trust-fund conditions |
| Managed cross-border exception handling | Workflow transition creates a need to coordinate exceptions | Smaller US shippers needing outside cross-border coordination | Combine document checks and escalation contacts with brokered truck arrangements | Covering hands-on coordination costs within the freight arrangement | Brokers offering managed cross-border coordination |
| Source: Mordor Intelligence | |||||
The central opening is to manage the customs-to-truck handoff, combining freight brokerage and cross-border services such as those provided by C.H. Robinson. Connecting those capabilities in a managed handoff can give the shipper a clearer point of responsibility. Brokers offering both services can coordinate dispatch after clearance without requiring the shipper to appoint a separate freight arranger.
Recent Industry Developments in United States Freight Brokerage Market
- Oct 2026: C.H. Robinson agreed to acquire RXO, with closing expected in the first half of 2027 subject to customary conditions including regulatory and RXO stockholder approval.
- Sep 2026: Circle Logistics announced that it was expanding refrigerated LTL service for food and beverage shippers and building a frozen-producer referral network. The freight broker and 3PL serves the continental United States and Mexico.
- Mar 2026: Echo Global Logistics completed its acquisition of ITS Logistics, bringing together brokerage and transportation-management services with drop-trailer, dedicated-capacity, container-management, drayage, and fulfillment capabilities across North America.
United States Freight Brokerage Market Report Scope and Research Methodology
Market Definition and Coverage
The United States freight brokerage market measures annual gross revenue from licensed intermediaries arranging freight transportation between shippers and for-hire carriers in the United States. It includes brokerage operations of firms that also own transportation assets.
Scope exclusions: Pure freight forwarding, asset-based trucking revenue, parcel integrator services, customs brokerage-only services, and maritime or air forwarding are excluded.
Segments Covered in This Report
- By Service
- Full-Truckload (FTL)
- Less-than-Truckload (LTL)
- Others
- By Equipment / Trailer Type
- Dry Van
- Refrigerated Van
- Flatbed / Step-Deck
- Tanker (Bulk Liquid and Chemical)
- Others
- By Haul Length
- Long-Haul (More than 500 miles)
- Regional (100-500 miles)
- Local (Lesser 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 and Automotive
- Construction and Infrastructure Projects
- Oil, Gas, Mining and Chemicals
- Agriculture and Food / Beverage
- Retail, FMCG and Wholesale Distribution
- Healthcare and Pharmaceuticals
- E-commerce and 3PL Fulfillment
- Other End-User Industry
- By Customer Size
- Large Enterprise Shippers (Greater than USD 100 M)
- Mid-Market Shippers (USD 10-100 M)
- Small Businesses (Lesser than USD 10 M)
- By Geography
- Northeast
- Midwest
- Southeast
- Southwest
- West
Data Sources, Market Sizing, and Validation
Desk Research
Secondary research draws on public sources such as the U.S. Census Bureau's Quarterly Retail E-Commerce Sales Report for shipper-demand indicators, the Freight Analysis Framework from the Federal Highway Administration and Bureau of Transportation Statistics for freight flows, ATRI's trucking cost research for carrier-cost context, and the Federal Register's FMCSA broker financial-responsibility rules for operating requirements. These sources describe demand, transportation activity, operating costs and regulatory conditions that inform the market model without treating freight movement or carrier revenue as brokerage revenue.
Company filings, annual reports, investor materials and reputable logistics and business press provide supplementary checks on brokerage-service descriptions, reported segment trends, acquisitions and changing operating conditions. These named sources are illustrative and not exhaustive, and further sources inform collection, validation and clarification.
Primary Interviews and Surveys
Interviews and structured surveys with US freight brokers, shipper transportation and procurement leaders, and for-hire carrier representatives can clarify how brokerage revenue is recognized and how service, equipment, haul length, business model and customer categories are applied. Respondents can review secondary-source interpretations, test the commercial relevance of demand and capacity indicators, and identify gaps in segment or regional evidence. Conflicting accounts should be checked against filings and independent activity data before incorporation.
Distribution of primary research fieldwork respondents
| Company type | Respondent position | Region |
|---|---|---|
| Top tier: 25% | CXOs: 15% | |
| Mid tier: 60% | Functional/Unit leaders: 35% | |
| Smaller Players: 15% | Managers: 50% |
Market-Sizing & Forecasting
The model estimates US annual gross brokerage revenue at the national level using a top-down build from broker-to-shipper arrangement revenue, with selective bottom-up checks from public broker segment disclosures and sampled service-level shipment activity multiplied by representative brokerage revenue per move. It tracks shipment counts and freight activity, spot and contract truckload rate movements, e-commerce and retail demand, carrier availability and operating costs, and reported brokerage revenue trends. These indicators explain changes in loads arranged, realized revenue per load and the service mix. Shares are derived by comparing evidence for FTL, LTL and other services, trailer types, haul bands, business models, end-user industries, shipper sizes and US regions, then checking that the categories together represent the market boundary. Time-series patterns and multivariable regression can project the indicators through 2032, with scenario analysis for rate and capacity conditions where historical relationships are unstable. Rate and mix changes are reconciled to the single USD value series. Analysts compare variable-level forecasts with specialist respondents, and where a selective bottom-up check lacks disclosed volume or yield, use an evidence-based range and reconcile it to the national revenue estimate rather than treating missing inputs as observed data.
Data Validation & Update Cycle
Analysts triangulate filings, public freight and demand indicators, regulatory information and respondent evidence, then investigate year-over-year discontinuities, implausible segment shares and unexplained differences between national and regional signals. A second review checks source dates, definitions, arithmetic and the consistency of segment totals with the market boundary. Analysts re-contact respondents when a material discrepancy or definition change cannot be resolved from independent evidence. The dataset is refreshed annually, updated between cycles when material freight, regulatory or corporate events change the evidence, and reviewed again immediately before delivery.
Mordor Intelligence's United States Freight Brokerage Market Estimate Compared With Other Published Estimates
The United States freight brokerage market measures annual gross revenue from licensed intermediaries arranging freight transportation between shippers and for-hire carriers in the United States. Analysts compare variable-level forecasts with specialist respondents, and where a selective bottom-up check lacks disclosed volume or yield, use an evidence-based range and reconcile it to the national revenue estimate rather than treating missing inputs as observed data.
Key Gap Drivers are addressed through a consistent transaction boundary, market-specific demand inputs and cross-checks across the study. Analysts triangulate filings, public freight and demand indicators, regulatory information and respondent evidence, then investigate year-over-year discontinuities, implausible segment shares and unexplained differences between national and regional signals.
Benchmark comparison
| Source | Market Size | Gaps in Research Methodology |
|---|---|---|
| Mordor Intelligence | USD 22.82 B (2027) | |
| Global Market Research Publisher A | USD 19.01 B (2025) | At its 2025 base, this estimate is 16.7% below this report's 2027 value of USD 22.8 B, 2 years later. |
| Global Consultancy B | USD 2.03 B (2024) | At its 2024 base, this estimate is 91.1% below this report's 2027 value of USD 22.82 B, 3 years later. |
Mordor Intelligence ties the estimate to the study’s defined coverage and demand model. Analysts triangulate filings, public freight and demand indicators, regulatory information and respondent evidence, then investigate year-over-year discontinuities, implausible segment shares and unexplained differences between national and regional signals.
Key Questions Answered in the Report
What is the United States freight brokerage market size and growth outlook?
The size was USD 21.28 billion in 2026 and is estimated to grow from USD 22.82 billion in 2027 to USD 32.88 billion by 2032, at a 7.58% CAGR during 2027-2032.
What is driving demand for US freight-brokerage services?
Carrier fragmentation and e-commerce support demand. In June 2025, nearly 580,000 active US FMCSA-registered motor carriers owned or leased at least one tractor, and 91.5% operated 10 or fewer trucks.
Which freight-brokerage service holds the largest share in the United States?
Full-truckload held 63.32% of brokerage revenue in 2026. Less-than-truckload is forecast to grow fastest at a 9.1% CAGR during 2027-2032.
Which companies compete in US freight brokerage?
Active providers include Total Quality Logistics (TQL), Echo Global Logistics, C.H. Robinson, and RXO, offering freight-arrangement services.
What is a key challenge for US freight brokers?
Spot-market volatility can compress gross margins. Ken Adamo, chief strategy officer at EASE Logistics, reported that nearly 20% of spot loads in DAT's June 2026 data had negative gross margins.
Which US region leads freight brokerage, and which is forecast to grow fastest?
The Midwest led with 26.58% of brokerage revenue in 2026. The Southwest is forecast to grow fastest at an 8.3% CAGR during 2027-2032.