Ship shape: Due to improved economic conditions, demand for industry services has increased

The Freight Forwarding Brokerages and Agencies industry in California is primarily engaged in arranging the transportation of cargo. In that capacity, industry operators advise clients on shipment and trade routes, provide customs brokering services and subcontract transportation services to truck, rail, marine and air freight carriers. As a result, demand for industry services is largely determined by the level of consumption and manufacturing activity in California, volumes of international trade and the propensity of downstream clients to outsource freight forwarding services...read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 12-17
2.7%
Forecast Growth 17-22
Profit
Employment
37,688
Businesses
3,031
What Our Customers Say

Industry Threats & Opportunities

  • Strong consumer spending has spurred manufacturing growth in California, benefiting the industry
  • Mounting external competition from various supply chain management companies has somewhat constrained revenue
  • The state’s retail and manufacturing sectors are expected to continue expanding
  • Industry Report - Industry SWOT Analysis Chapter

    ***This section is not used for US State reports***.Only set Reasons & Level!...purchase to read more.

    Additional Insights for the Freight Forwarding Brokerages & Agencies in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Freight Forwarding Brokerages & Agencies in California Industry are

  • Ability to quickly adopt new technology
  • Understanding government policies and their implications
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Manufacturing GDP for California and Consumer Spending in California in the Freight Forwarding Brokerages & Agencies in California industry impact industry performance..

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    What is the Freight Forwarding Brokerages & Agencies in California Industry?

    Companies in this industry arrange the transportation of freight between shippers and carriers. These operators are known as freight forwarders, marine shipping agents or customs brokers, and they offer services for various modes of transportation. Since operators act as agents, the industry does not include the cost of arrangement as part of its revenue.

    Industry Products
  • Domestic freight forwarding and arrangement services
  • International freight forwarding and arrangement services
  • Nonvessel operating common carrier services
  • Industry Activities
  • Freight forwarding
  • Providing marine shipping agency services
  • Customs brokering
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Manufacturing GDP for California
  • Consumer Spending in California
  • Total Exports from California
  • Corporate Profit in California
  • Freight transportation services index

  • Current Performance
  • Growing demand
  • Competition and consolidation
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Strong demand conditions
  • Profit and participation
  • Table: Freight Forwarding Brokerages & Agencies in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Freight Forwarding Brokerages & Agencies in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wholesale Trade
  • Retail Trade
  • Transportation and Warehousing

  • Key Selling Industries
  • International Airlines
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Ocean & Coastal Transportation
  • Rail Transportation

  • Products & Services
  • Domestic freight forwarding and arrangement services
  • International freight forwarding and arrangement services
  • Nonvessel operating common carrier services
  • Other
  • Chart: Freight Forwarding Brokerages & Agencies in California Industry Products and Services Segmentation

  • Major Markets
  • Domestic traders
  • Importers
  • Exporters
  • Chart: Major Market Segmentation for the Freight Forwarding Brokerages & Agencies in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Freight Forwarding Brokerages & Agencies in California

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Freight Forwarding Brokerages & Agencies in California Industry

  • Kuehne + Nagel Inc.United Parcel Service Inc.CH Robinson Worldwide Inc.CEVA Holdings LLCDHL
  • Table: Kuehne + Nagel Inc. - financial performance
  • Table: United Parcel Service Inc. - financial performance
  • Table: CH Robinson Worldwide Inc. - financial performance
  • Table: CEVA Holdings LLC - financial performance
  • Table: DHL - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Freight Forwarding Brokerages & Agencies in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Freight Forwarding Brokerages & Agencies in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Manufacturing GDP for California (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Integrated Logistic Services
  • Provision of transportation activities from door to door through the vertical integration of the supply chain.
  • Just-In-Time (Jit)
  • A strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.
  • Less-Than-Container Load (Lcl)
  • Shipments that do not occupy the space of a single standard cargo container.
  • Less-Than-Truckload (Ltl)
  • When carriers fill trucks with merchandise from several companies, as opposed to one company. Combining multiple shipments enables carriers to be more efficient.
  • Why buy this report?

    The Freight Forwarding Brokerages & Agencies in California industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Freight Forwarding Brokerages & Agencies in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Freight Forwarding Brokerages & Agencies in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Freight Forwarding Brokerages & Agencies in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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