Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Competitive Landscape

United Parcel Service, Inc. is a global shipping and supply chain management company, incorporated in 1907 and based in Georgia, the United States. The company offers its freight, logistics, and courier services in over 200 countries. It aids enterprises with custom brokerage solutions such as customs clearance, regulatory compliance, and document imaging, among others.

 

FedEx Corp., established in 1971 and based in Tennessee, the United States, is an e-commerce and transportation company. Some of its primary services include air freight forwarding, ocean freight forwarding, transportation management, and customs brokerage, among others. The company has a robust supply chain in over 220 countries through which it connects businesses with customers.

 

Deutsche Post AG, founded in 1995 and headquartered in Bonn, Germany, is a brand of DHL that offers mail services. The company offers air freight, road freight, ocean freight, domestic freight, and customs services. It provides customs consulting to its clients to optimise duties and identify potential risk areas.

 

Other United States customs brokerage market players include Kuehne and Nagel International AG, CMA CGM Group (CEVA), C.H. Powell Company, Schenker AG, C.H. Robinson Worldwide, Inc., Expeditors International of Washington, Inc., and Livingston International Inc., among others.

 

United States Customs Brokerage Market Report Snapshots

United States Customs Brokerage Market Size

United States Customs Brokerage Market Share

United States Customs Brokerage Companies

 

*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 2023, the market reached an approximate value of USD 3.99 billion.

The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 5.81 billion by 2032.

The major market drivers are the rise of global trade, the robust growth of the e-commerce sector, and increased demand for logistics services.

The key trends of the market include the growing complexity of customs regulations, increased integration of advanced technologies in customs brokerage, and growing acquisitions and mergers between the market players to expand their customs brokerage capabilities.

The major regions in the market are New England, the Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Different modes of transport are sea, air, and cross border land transport.

The key players in the market are United Parcel Service, Inc., FedEx Corp., Deutsche Post AG, Kuehne and Nagel International AG, CMA CGM Group (CEVA), C.H. Powell Company, Schenker AG, C.H. Robinson Worldwide, Inc., Expeditors International of Washington, Inc., and Livingston International Inc., among others.

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