Report forecast the freight brokerage
market in the Americas to grow at a CAGR of 4.33% during the period 2018-2022.
A freight broker is any company or an
individual serving as an intermediate between carriers and shippers. The
shippers provide freight for transportation while carriers have enough capacity
to move the freight.
Thus,
freight brokers aid both carriers as well as shippers:
- Shippers: Freight brokers help shippers find trustworthy carriers that are usually
- difficult to locate.
- Carriers: Freight brokers assist carriers in filling their truckload and earning money
- for the transportation.
Freight brokers are primarily categorized
into two types: asset-based freight brokers and non-asset based freight
brokers.
The report covers the present scenario and
the growth prospects of the freight brokerage market in the Americas for
2018-2022. To calculate the market size, the report considers the revenue
generated from the sales of freight brokerage.
The
market is divided into the following segments based on geography:
- US
- Canada
According to the report, one of the major
drivers for this market is growing demand for outsourced 3pl services in
Americas. The demand for 3PL services in South America will see rapid growth
during the forecast period. Developing countries such as Argentina and Brazil
are witnessing growth in their transportation and logistics infrastructure,
which is expected to boost the demand for contract logistics services in these
countries. Growth in the demand for these services can be attributed to the
underlying benefits of outsourcing in terms of increased operational efficiency
and cost savings. The 3PL market in South America is driven by continuous
capital inflow leading to the supply of new assets, especially in Brazil. However,
the development of vendors in other countries in South America is expected to
be low. With the increase in the investment in transport infrastructure, the
market will develop a strong base for logistics.
Freight Brokerage Market in Americas
2018-2022, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the freight brokerage market
in the Americas: C.H. Robinson, Echo Global Logistics, Expeditors, Landstar,
TQL, and XPO Logistics.
Other Prominent Vendors in the market are:
GlobalTranz Enterprises, Roadrunner Transportation System, Unishippers Global
Logistics, and Worldwide Express.
Market driver
- Growing demand for outsourced 3PL services in Americas
- For a full, detailed list, view our report
Market
trend
- Increase in imports and exports
- For a full, detailed list, view our report
Key
questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 119 pages “Freight
Brokerage Market in Americas 2018 - 2022” report covers Executive
summary, Introduction, Scope of the report, Research Methodology, Market
landscape, Market Sizing, Five Forces Analysis, Market Segmentation By Service
Type, Customer Landscape, Regional Landscape, Decision Framework, Drivers And
Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UYn
For related reports please visit: Freight Market Research Reports
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at: https://www.marketresearchreports.com/transport
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