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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Competitive Landscape
C.H. Robinson Worldwide, Inc. is a leading company operating in the transportation sector that aims to meet the logistics and technology needs of numerous companies around the world. The company was founded in the year 1905 and its headquartered in Minnesota, the United States. Since its establishment, the company has developed expertise in various fields including product sourcing, technology, and supply chain, among others.
Total Quality Logistics, LLC stands as a prominent third-party logistics (3PL) firm established in the United States. Its inception took place in 1997, with its headquarters situated in Cincinnati, Ohio. TQL has since grown to become one of the leading freight brokerage companies in North America, delivering comprehensive solutions. Its primary focus lies in establishing connections between shippers and carriers to efficiently facilitate the transportation of goods across diverse industries.
XPO, Inc, based in Connecticut, the USA, is a renowned worldwide company specialising in transportation and logistics. Since its establishment in 1989, it has experienced remarkable growth, positioning itself as one of the premier logistics providers globally. The company leverages cutting-edge data analytics, automation, and artificial intelligence to optimise supply chain operations and enhance overall efficiency.
Other market players include Echo Global Logistics, Inc., Worldwide Express, LLC, Coyote Logistics, LLC, Landstar System Holdings, Inc, Mode Global, LLC, GlobalTranz Enterprises, LLC, and Hub Group, Inc., among others.
Freight Brokerage Market Report Snapshots
Freight Brokerage Market Share
Freight Brokerage Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 59.62 billion
The market is projected to grow at a CAGR of 5.90% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach around USD 99.77 billion by 2034.
The market is being driven by the steadily increasing demand for cross-border freight services and the growing dependency of countries on international trade for resources.
The market is augmented by the rising adoption of automation and data analytics and the rapid growth of the e-commerce sector, enhancing the demand for freight services.
The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major end-use industries considered in the market report include retail and e-commerce, manufacturing, healthcare, and automotive, among others.
The key players in the global freight brokerage market include C.H. Robinson Worldwide, Inc, Total Quality Logistics, LLC, XPO, Inc., Echo Global Logistics, Inc., Worldwide Express, LLC, Coyote Logistics, LLC, Landstar System Holdings, Inc, Mode Global, LLC, GlobalTranz Enterprises, LLC, and Hub Group, Inc., among others.
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