According to the report by Expert Market Research (EMR), the global freight brokerage market attained a value of USD 63.14 billion in 2025. Supported by the increasing demand for efficient transportation management, rising global trade, and the growing reliance on third-party logistics solutions, the market is projected to expand at a CAGR of 5.90% during the forecast period of 2026–2035, reaching a value of approximately USD 112.01 billion by 2035.

Freight brokerage involves connecting shippers with carriers to facilitate the movement of goods across domestic and international supply chains. Brokers act as intermediaries, managing contracts, rates, and shipment logistics, and providing critical services such as freight tracking, route optimisation, and regulatory compliance. The growing complexity of global supply chains, coupled with the increasing need for cost-effective and timely transportation solutions, has significantly enhanced the adoption of freight brokerage services across industries.

Drivers of Growth

A key driver of growth in the freight brokerage market is the rapid expansion of e-commerce and the rising demand for faster, more reliable shipping solutions. Businesses are increasingly outsourcing logistics functions to brokers to streamline operations, reduce costs, and improve service levels. Additionally, the globalisation of trade and the expansion of international shipping routes have amplified the need for specialised brokerage services to navigate complex customs, regulatory, and compliance requirements.

The rise of digital freight platforms and technology-enabled logistics solutions is also boosting market growth. Brokers are leveraging advanced software for real-time shipment tracking, automated load matching, and predictive analytics, enhancing efficiency and transparency in freight operations. Moreover, increasing adoption of multimodal transport solutions, including road, rail, sea, and air, is creating further demand for integrated brokerage services.

Freight Brokerage Market Trends

One notable trend in the freight brokerage market is the growing integration of digital platforms and mobile applications to streamline shipment management. Cloud-based freight management systems and AI-driven route optimisation tools are becoming increasingly popular, allowing brokers to provide real-time updates and reduce operational inefficiencies.

Another emerging trend is the consolidation of smaller brokerage firms into larger, technologically advanced players. Mergers and acquisitions are enabling brokers to expand their geographic presence, diversify service offerings, and enhance operational capabilities. Additionally, sustainability-focused logistics practices, including eco-friendly routing and carbon footprint monitoring, are gaining traction among brokers and their clients.

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Freight Brokerage Market Forecast

Over the forecast period of 2026–2035, the global freight brokerage market is expected to witness steady growth, driven by the rising need for efficient supply chain management, technological advancements, and global trade expansion. With the market projected to reach USD 112.01 billion by 2035, freight brokerage services will continue to play a critical role in enabling seamless, cost-effective, and reliable logistics solutions across industrie