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Freight Forwarding Brokerages & Agencies in Michigan

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MI48851

Freight Forwarding Brokerages & Agencies in Michigan industry analysis

The Freight Forwarding Brokerages & Agencies industry in Michigan is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Freight Forwarding Brokerages & Agencies in Michigan Market Research Report

What’s Included in the Freight Forwarding Brokerages & Agencies in Michigan Market Research Report

Definition of the Freight Forwarding Brokerages & Agencies in Michigan?

Freight forwarding brokerages and agencies coordinate the transport of goods between shippers and carriers. These businesses, commonly referred to as freight forwarders, marine shipping agents, or customs brokers, provide services that cover various transportation modes. Although they operate as intermediaries, the cost of arranging shipments is not counted as industry revenue.

What’s included in the Freight Forwarding Brokerages & Agencies in Michigan?

The Freight Forwarding Brokerages & Agencies in Michigan includes domestic freight transportation arrangement services, international freight forwarding and customs brokerage services, non-vessel operating common carrier services and storage and distribution services. Related terms covered in the Freight Forwarding Brokerages & Agencies in Michigan industry report includes when carriers fill trucks with merchandise from several companies, as opposed to one company. combining multiple shipments enables carriers to be more efficient, shipments that don't occupy the space of a single standard cargo container, a strategy implemented to improve profitability by reducing inventory and purchasing only the raw materials needed for the immediate term and provision of transportation activities from door to door through the vertical integration of the supply chain.

Industry Performance of the Freight Forwarding Brokerages & Agencies industry in Michigan

Benchmark the Freight Forwarding Brokerages & Agencies in Michigan industry performance with all MI county and national performance.

Freight Forwarding Brokerages & Agencies in Michigan

#12 in Highest Revenue 2.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Freight Forwarding Brokerages & Agencies in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Freight Forwarding Brokerages & Agencies industry in Michigan

See how key industry drivers, such as median houshold income, population, net migration, research and development expenditure, e-commerce sales and freight transportation services index are impacting Freight Forwarding Brokerages & Agencies in Michigan

Michigan Economic Indicators

Median Houshold Income
Population
Net Migration

View more economic information in MI State Economic profile

US Key External Drivers

Research and development expenditure
E-commerce sales
Freight transportation services index

For the full list of industry drivers, see report purchase options.

County Data of the Freight Forwarding Brokerages & Agencies industry in Michigan

Access proprietary data on county in the Freight Forwarding Brokerages & Agencies in Michigan, such as Wayne County, Oakland County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Freight Forwarding Brokerages & Agencies industry in Michigan

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Freight Forwarding Brokerages & Agencies industry in Michigan in 2025?

The market size of the Freight Forwarding Brokerages & Agencies industry in Michigan is $4.0bn in 2025.

How many businesses are there in the Freight Forwarding Brokerages & Agencies industry in Michigan in 2025?

There are 1,806 businesses in the Freight Forwarding Brokerages & Agencies industry in Michigan, which has been declining at an average annual rate of -0.2% from 2020 to 2025.

Has the Freight Forwarding Brokerages & Agencies industry in Michigan grown or declined over the past 5 years?

The market size of the Freight Forwarding Brokerages & Agencies industry in Michigan has been growing at an average annual rate of 6.8% from 2020 to 2025.

How many employees in the Freight Forwarding Brokerages & Agencies industry in Michigan in 2025?

There are 10,420 employees in the Freight Forwarding Brokerages & Agencies industry in Michigan, which has been growing at an average annual rate of 1.8% from 2020 to 2025.