Freight Brokerage Market Share

Freight Brokerage Market Share

C.H. Robinson Worldwide, Inc., Total Quality Logistics, LLC and XPO, Inc. hold a significant market share of over 10% in the freight brokerage industry. Companies in the freight brokerage industry employ diverse strategies to fortify their positions. Technological integration plays a pivotal role, with firms investing in advanced digital platforms, automation, and data analytics to enhance operational efficiency and provide real-time visibility. Establishing extensive networks is another crucial strategy, enabling companies to connect shippers with a broad range of carriers, thereby expanding service offerings.
 

Many also focus on scalability, adapting to market dynamics, and accommodating the evolving needs of clients. Moreover, strategic partnerships and acquisitions are common, fostering growth and diversification. Additionally, a commitment to sustainability and compliance with regulations ensures long-term resilience and fosters customer trust, contributing to the overall strengthening of companies' positions in the competitive freight brokerage landscape.
 

Freight Brokerage Market Companies

Major companies operating in the freight brokerage industry are:

• ArcBest Corporation
• BNSF Logistics LLC
• C.H. Robinson Worldwide, Inc.
• Coyote Logistics
• Echo Global Logistics, Inc.
• England Logistics
• GlobalTranz
• Hub Group, Inc.
• J.B. Hunt Transport, Inc.
• Kenan Advantage Group
• Landstar System, Inc.
• Mode Transportation
• Schneider National, Inc.
• Total Quality Logistics, LLC
• Uber Technologies, Inc. (Transplace)
• Worldwide Express
• XPO, Inc.
• Yusen Logistics (Americas) Inc.