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Freight Forwarding Brokerages & Agencies in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN48851

Freight Forwarding Brokerages & Agencies in Minnesota industry analysis

The Freight Forwarding Brokerages & Agencies industry in Minnesota 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 increased an annualized x.x% to x,xxx locations. Industry employment has decreased 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 grow 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 Minnesota Market Research Report

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

Definition of the Freight Forwarding Brokerages & Agencies in Minnesota?

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 Minnesota?

The Freight Forwarding Brokerages & Agencies in Minnesota 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 Minnesota 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 Minnesota

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

Freight Forwarding Brokerages & Agencies in Minnesota

#15 in Highest Revenue 1.5% 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 Minnesota

See how key industry drivers, such as population, private investment in non-residential construction, total jobs, research and development expenditure, e-commerce sales and freight transportation services index are impacting Freight Forwarding Brokerages & Agencies in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Non-Residential Construction
Total Jobs

View more economic information in MN 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 Minnesota

Access proprietary data on county in the Freight Forwarding Brokerages & Agencies in Minnesota, such as Hennepin County, Dakota County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

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

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 Minnesota in 2025?

The market size of the Freight Forwarding Brokerages & Agencies industry in Minnesota is $2.5bn in 2025.

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

There are 1,251 businesses in the Freight Forwarding Brokerages & Agencies industry in Minnesota, which has been growing at an average annual rate of 0.6% from 2020 to 2025.

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

The market size of the Freight Forwarding Brokerages & Agencies industry in Minnesota has been growing at an average annual rate of 3.6% from 2020 to 2025.

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

There are 6,390 employees in the Freight Forwarding Brokerages & Agencies industry in Minnesota, which has been declining at an average annual rate of -0.8% from 2020 to 2025.