Shipping and handling: Rising e-commerce has led to dramatic revenue growth for the industry in Georgia

The Freight Forwarding Brokerages and Agencies industry in Georgia comprises companies that arrange the transportation of freight between shippers and carriers. Over the five years to 2018, the industry has performed well, rising at an annualized rate of 7.4% to $3.5 billion, including an expected 7.0% jump in 2018. Demand for industry services has climbed over the past five years, as increasing consumer spending and a strong economy have pushed up e-commerce sales and total trade value. For example, e-commerce sales have surged at an annualized rate of 14.3% over the past five years and have proven to be a strong driver of industry demand. Furthermore, total US trade value has increased at an annualized rate of 3.1% during the same period, further contributing to higher demand...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
7.4%
Forecast Growth 18-23
Profit
Employment
15,983
Businesses
4,340

Industry Threats & Opportunities

  • The level of spending on freight services is a key indication of this industry’s performance
  • Industry Report - Industry Locations Chapter

    The Freight Forwarding Brokerages and Agencies industry in Georgia is most concentrated in Fulton County and Clayton County. Together, these two counties account for 35.3% of all state establishments. These counties are also a part of the Atlanta-Sandy Springs-Roswell Metropolitan Statistical Area (MSA), which is the largest population center in Georgia. Other relevant counties for this industry include Gwinnett County, Chatham County and Cobb County, which each represent between 5.0% and 10.0% of establishments in the state.Within Georgia, the industry is extremely prevalent and overrepresented in the Atlanta-Sandy Springs-Roswell MSA. This MSA covers 29 counties in Georgia, including four of the five most represented counties for this industry. In ...purchase to read more.

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

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Freight Forwarding Brokerages & Agencies in Georgia 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 commerce sales and Freight transportation services index in the Freight Forwarding Brokerages & Agencies in Georgia industry impact industry performance..

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    What's in this report

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

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

    Industry Products
  • International freight forwarding and customs brokerage services
  • Domestic freight forwarding and customs brokerage 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
  • commerce sales
  • Freight transportation services index
  • Consumer spending in Georgia
  • Total trade value
  • World price of crude oil

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

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

  • Key Selling Industries
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Ocean & Coastal Transportation
  • Rail Transportation
  • Transportation and Warehousing

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

  • Major Markets
  • Importers
  • Wholesalers
  • Manufacturers
  • Exporters
  • Chart: Major Market Segmentation for the Freight Forwarding Brokerages & Agencies in Georgia Industry

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

  • Basis of Competition
    Barriers to Entry
    CH Robinson Worldwide Inc., Deutsche Post DHL Group, Flexport Inc., UPS Supply Chain Solutions Inc.,
  • Table: CH Robinson Worldwide Inc. - financial performance
  • Table: Deutsche Post DHL Group - financial performance
  • Table: Flexport Inc. - financial performance
  • Table: UPS Supply Chain Solutions Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Freight Forwarding Brokerages & Agencies in Georgia 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 Georgia Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Freight transportation services index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Integrated Logistic Services
  • The 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 rather than just one. Combining multiple shipments enables carriers to be more efficient.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Freight Forwarding Brokerages & Agencies in Georgia is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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 Georgia:
    • 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 Georgia 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 Georgia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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