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Freight Forwarding Brokerages & Agencies in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Freight Forwarding Brokerages & Agencies Market Research Report | NAICS 48851 | Apr 2016

Chugging along: US economic growth and increased consumer spending will boost demand

IBISWorld’s Freight Forwarding Brokerages & Agencies market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • The industry is becoming increasingly competitive due to its fragmented nature
  • Operators experience intense competition on the basis of price and efficiency
  • The domestic economy will take on a more prominent role in industry growth
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the past five years, the Freight Forwarding Brokerages and Agencies industry was able to surpass prerecessionary levels as demand for industry services climbed. As a result, domestic freight volumes increased, which drove demand for industry services. Moreover, initially strong emerging markets growth encouraged trade, thereby increasing demand for the industry's trade-related services. However, over the next five years, emerging market growth is anticipated to slow, limited trade volumes and value. Furthermore, competition due to low barriers to entry and commoditization will cause consolidation. Nonetheless, the industry is anticipated to grow over the next five years... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Freight Forwarding Brokerages and Agencies industry is estimated to have a low level of concentration, as the top four players are expected to account for less than 10.0% of industry revenue in 2016. Despite the presence of international players, the industry is dominated by small- and medium-sized enterprises, with close to 55.0% of all companies employing one to four people and more than 61.0% of establishments consisting of nonemploying entities. However, industry concentration has increased over the past five years as the impact of the recession forced smaller operators to exit the industry or be acquired by larger players due to low demand for freight transportation services. Moreover, larger player have used their size to gain market share and expand internationally. The.. ... purchase to read more

Additional Insights for the Freight Forwarding Brokerages & Agencies Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Freight Forwarding Brokerages & Agencies 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 Freight transportation services index and Total trade value in the Freight Forwarding Brokerages & Agencies industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Freight Forwarding Brokerages & Agencies 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
    Domestic freight transportation arrangement servicesInternational freight forwarding and customs brokerage servicesNon-vessel operating common carrier services
    Industry Activities
    Freight forwardingProviding marine shipping agency servicesCustoms brokering

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Freight transportation services index
  • Total trade value
  • Consumer spending
  • commerce sales
  • World price of crude oil
  • Current Performance
  • Demand climbs
  • Industry competition and other trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Further growth
  • Competition and other trends
  • Table: Freight Forwarding Brokerages & Agencies Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Freight Forwarding Brokerages & Agencies Industry Lifecycle vs The Economy
  • Products & Markets
    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
  • Domestic freight transportation arrangement services
  • International freight forwarding and customs brokerage services
  • Non-vessel operating common carrier services
  • Other
  • Chart: Freight Forwarding Brokerages & Agencies Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Manufacturers
  • Wholesalers
  • Exporters
  • Importers
  • Chart: Major Market Segmentation for the Freight Forwarding Brokerages & Agencies Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Freight Forwarding Brokerages & Agencies
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Freight Forwarding Brokerages & Agencies Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Freight Forwarding Brokerages & Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Freight Forwarding Brokerages & Agencies Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Freight transportation services index (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    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 firm. Combining multiple shipments allows carriers to be more efficient.

  • Why Buy this Report?
    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:
    • 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 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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