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Freight Forwarding Services in the US Procurement Price, Data and Insights
Freight forwarders handle the logistics of cargo movement by arranging transportation and tracking, negotiating freight charges, preparing documents, overseeing customs clearance, insuring goods, arranging warehousing, and consolidating freight services. Vendors subcontract freight carriers, such as trucking companies, rail carriers, cargo airlines, and waterborne carriers, to transport buyers' goods. Key buyers include manufacturers and retailers, while key suppliers are freight forwarding services companies.
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What’s included in this market coverage
IBISWorld's research coverage on the Freight Forwarding Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Freight Forwarding Services market in the United States includes Air Freight Forwarding, Sea Freight Forwarding, LTL Freight Forwarding, Arranging Warehouse Consolidating Freight Services, Preparing Documents and Arranging Transportation & Freight Tracking. Standard coding in this coverage includes ISIC-5229-Other transportation support activities, NACE-52.29-Other Transportation Support Activities, NAICS-488510-Freight Transportation Arrangement and UNSPSC-78141501-Freight forwarders services.
What common market terminology is included?
Common market terminology included in the Freight Forwarding Services procurement coverage includes Freight (Goods that are transported primarily via ship, aircraft, train, or truck.), Freight Integrator (Suppliers that provide both shipping services and forwarding (logistics) services.), Carriers (Companies that provide transportation services via ship, aircraft, train, or truck.), Bill of Lading (A document issued by a carrier that lists the goods shipped and gives title of a shipment to a specified party.) and Intermodal Transport (Using a single container or vehicle to transport freight across multiple modes of transportation (e.g., rail, ship, truck) without handling any of the freight itself when changing modes.).
What companies are included as top suppliers?
The top companies covered in the Freight Forwarding Services procurement report as suppliers are Expeditors International of Washington Inc., Flexport Inc., Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc. and Fedex Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Freight Forwarding Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per pound, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Freight Forwarding Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Freight Forwarding Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Freight Forwarding Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Freight Forwarding Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Freight Forwarding Services?
The 2026 benchmark market price for Freight Forwarding Services is $4.25 per pound. Prices have increased at a CAGR of 2.91 from 2023-26.
Who are the top vendors in the Freight Forwarding Services market?
The top vendors in the Freight Forwarding Services market include Expeditors International of Washington Inc., Flexport Inc., Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc. and Fedex Corporation.
What industries supply the Freight Forwarding Services market?
The top industries supplying the Freight Forwarding Services market are Charter Flights in the US, Gasoline & Petroleum Wholesaling in the US, Local Freight Trucking in the US, Truck & Bus Manufacturing in the US, Ocean & Coastal Transportation in the US, Ship Building in the US, Rail Transportation in the US and Train, Subway & Transit Car Manufacturing in the US.
What is the supply chain risk for Freight Forwarding Services?
Low supplier concentration support buyer leverage and reduce dependency risk. The freight forwarding services market in the United States is characterized by low concentration, with a large number of providers offering long-haul and international logistics. This market landscape fosters competition and increases the pool of qualified suppliers. Buyers benefit from broad choices and reduced risk of over-dependence on any one vendor; however, buyers should nonetheless invest in strategic partnerships and business continuity planning to safeguard against interruptions or unfavorable contract terms.
What factors affect the price of Freight Forwarding Services?
Supplier experience and qualifications significantly affect pricing in freight forwarding services, as established suppliers with a proven track record can negotiate better shipping rates with carriers due to high volumes and trusted relationships. For example, a freight forwarder with extensive industry experience and certifications can command premium rates for their services, as they are perceived to provide higher reliability and efficiency, which can be measured through metrics such as on-time delivery rates and customer satisfaction scores.
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