As per MRFR analysis, the US Freight Forwarding Market Size was estimated at 40.13 (USD Billion) in 2023. The US Freight Forwarding Market is expected to grow from 42.5 (USD Billion) in 2024 to 83 (USD Billion) by 2035. The US Freight Forwarding Market CAGR (growth rate) is expected to be around 6.274% during the forecast period (2025 - 2035).
Key US Freight Forwarding Market Trends Highlighted
Growing globalization and the expansion of e-commerce are driving major market trends in the US freight forwarding industry. Freight forwarders are being forced to use cutting-edge technologies as a result of the increased demand for effective shipping solutions brought on by the growth in online shopping.
These technological advancements improve shipment speed and accuracy by streamlining logistical procedures through the use of digital platforms and automation solutions. Additionally, there is now more focus on supply chain visibility and openness as companies look to improve customer happiness by offering real-time shipment monitoring.
One of the primary factors driving the US freight forwarding market is the need for companies to improve their supply chains in order to stay competitive. Freight forwarders now need to be flexible and responsive to changing market conditions due to the constant changes in trade laws and tariffs.
Concerns about sustainability are also influencing how businesses handle logistics. Many freight forwarders are looking at environmentally friendly transportation solutions and alternatives as the US government supports measures targeted at lowering carbon emissions.
Market niches that serve specialized freight services, such cold chain logistics for perishables and medications, offer opportunities. Given that environmentally conscious customers are influencing shipping methods, the emphasis on green logistics also creates opportunities for expansion.
According to recent trends, freight forwarders, carriers, and technology companies are working together more and more to deliver integrated solutions that can react swiftly to customer needs and market changes.
The changing environment guarantees that the US freight forwarding market will continue to be vibrant, with ongoing enhancements to satisfy the intricate requirements of both consumers and enterprises.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
US Freight Forwarding Market Drivers
E-commerce Growth Driving Demand for Freight Forwarding Services
The rapid expansion of the e-commerce sector is significantly propelling the US Freight Forwarding Market. With a reported growth of 44% in online retail sales since 2020, businesses are increasingly reliant on efficient logistics solutions to meet consumer demand.
Major companies such as Amazon have heavily invested in their supply chains and logistics, with Amazon's investments in transportation assets exceeding 61 billion USD over the past three years. This surge requires adept freight forwarding services to efficiently manage and transport goods across various regions in the United States.
The e-commerce boom not only increases the volume of goods shipped but also necessitates faster delivery times and robust logistics infrastructures, leading to an increased reliance on freight forwarding services to bridge the gap between manufacturers and consumers.
According to the United States Census Bureau, e-commerce sales accounted for over 14% of total retail sales in 2021, indicating a major market shift that directly benefits the freight forwarding segment.
Technological Advancements Enhancing Supply Chain Efficiency
Innovation in technology is a crucial driver of the US Freight Forwarding Market. The rise of technologies like Artificial Intelligence (AI), Machine Learning, and Blockchain is transforming logistics and freight forwarding operations.
Major players such as UPS and FedEx are leveraging these advancements to optimize their routes, reduce costs, and improve delivery timelines. By utilizing AI for predictive analytics, these companies enhance their operational efficiency significantly.
Additionally, the integration of Blockchain promotes transparency and security in tracking shipments, which is crucial for regulatory compliance. The U.S. Department of Transportation supports these innovations, indicating a favorable regulatory environment that encourages technological implementation in logistics.
This push towards technology is expected to elevate the service quality in the freight forwarding sector, with the U.S. market projected to see an increase in operational efficiency by over 20% due to such technological integrations.
Growing Import and Export Activities Boosting Freight Forwarding
Increasing international trade activities are a significant driver for the US Freight Forwarding Market. As per the U.S. Census Bureau, total exports of goods reached around 1.6 trillion USD in recent years, which highlights a robust demand for freight forwarding services to facilitate cross-border trade.
The implementation of trade agreements, such as the United States-Mexico-Canada Agreement (USMCA), promotes easier market access and encourages export-oriented businesses to engage freight forwarders for efficient shipment management.
Companies like DHL and XPO Logistics are capitalizing on these trade agreements by offering tailored freight services that meet the specific regulatory requirements for different markets. The growth of import activities mirrors this trend, requiring advanced logistics solutions to ensure efficient customs clearance and delivery timelines, indicating a promising outlook for the freight forwarding market in the U.S.
US Freight Forwarding Market Segment Insights
Freight Forwarding Market Delivery Mode Insights
The Delivery Mode segment within the US Freight Forwarding Market is essential for facilitating trade across different transportation mediums. The overall market is expected to showcase robust growth and continues to evolve with shifting consumer preferences and advancements in technology.
Roadways play a crucial role in facilitating the movement of goods over short to medium distances, characterized by flexibility and accessibility. This mode is instrumental for delivering freight directly to end-user locations, thereby improving distribution efficiency.
The demand for road transportation is bolstered by the increasing prevalence of e-commerce and the need for rapid delivery, which drives the necessity for logistics providers to integrate efficient road networks into their offerings.
Airways serve as a critical component for expedited freight services, primarily for high-value and time-sensitive commodities. The ability to transport goods across vast distances in a matter of hours highlights the significance of air transport in industries like electronics, pharmaceuticals, and fashion, where timely deliveries can have substantial impacts on revenue and inventory management.
Railways, while traditionally viewed as slow, are gaining traction due to their cost-effectiveness and capacity for handling bulky items over longer distances, making them a vital player in intermodal transportation strategies.
The increasing push for sustainability also elevates rail transportation’s importance, as it generally emits less carbon per ton-mile compared to other modes. Seaways are another cornerstone of the US Freight Forwarding Market, enabling the transport of enormous volumes of cargo between domestic and international ports.
Given the vast coastline of the US and its significant international trade relationships, maritime transport is crucial for facilitating economic engagement with global markets, particularly with containerized cargo. The increasing capacities and improvements in port infrastructure further enhance the efficiency of seaborne trade, establishing it as a resilient and vital segment in freight forwarding logistics.
Overall, the interplay between these delivery methods creates a comprehensive and interconnected network that meets varied consumer demands and supports economic growth through enhanced trade capabilities.
As these modes continue to adapt to modern challenges such as sustainability and technological advancements, they are expected to play pivotal roles in driving efficiency and reliability in the US Freight Forwarding Market.
The need for an integrated approach combining these delivery modalities will only heighten, as businesses increasingly seek to optimize their logistics operations to maintain competitive advantage. Factors such as enhanced tracking systems, improved logistics coordination, and rising demand for faster delivery timelines will further shape the Delivery Mode segment.
Each mode thus contributes not just to the functionality of freight forwarding but also stands as a testament to the evolving nature of supply chain dynamics in response to changing market conditions and consumer expectations.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Freight Forwarding Market Services Insights
The Services segment of the US Freight Forwarding Market plays a vital role in facilitating seamless trade and logistics within the region. Transportation is critical as it encompasses the movement of goods through various modalities, ensuring timely deliveries.
Warehousing supports inventory management and acts as a buffer in the supply chain, reflecting the growing trend of e-commerce and just-in-time delivery. Packaging ensures products are adequately secured for transit, which is increasingly essential as businesses emphasize sustainability through innovative packaging solutions.
Documentation is also essential as it involves handling necessary paperwork, compliance, and regulatory requirements, which reducing the risk of delays in transit. Other Services, including customs brokerage and freight insurance, offer additional value, addressing the complexities of international shipping.
The combined efficiency and integration of these services not only streamline operations but also enhance customer satisfaction in the US Freight Forwarding Market. As the industry adapts to new technologies and increased demand for efficiency, these services continue to evolve, demonstrating their significance in sustaining market growth and meeting customer expectations.
Freight Forwarding Market Application Insights
The Application segment of the US Freight Forwarding Market plays a critical role in the overall functioning and efficiency of supply chains across various industries. Within this segment, retail remains a significant player, driven by the continual demand for timely and reliable delivery services to meet consumer expectations.
In the food and beverages sector, the requirement for temperature-controlled logistics highlights the importance of specialized transportation solutions and regulatory compliance. Healthcare benefits from efficient freight forwarding through the timely delivery of medical supplies and pharmaceuticals, which is crucial for patient care and safety.
Industrial and manufacturing applications rely on robust logistics networks to optimize production schedules and reduce downtime. The military sector requires highly secure and strategic freight solutions, accommodating sensitive cargo and ensuring national security.
Subsequently, the oil and gas industry presents unique challenges, necessitating specialized handling and transportation options for hazardous materials. Other applications continue to emerge as businesses expand their logistics needs, driving innovation in freight forwarding solutions.
Overall, the diversity within this segment reflects the complexity and dynamism of the US market, underscored by the increasing importance of efficient logistics to support economic growth and market demands.
US Freight Forwarding Market Key Players and Competitive Insights
The US Freight Forwarding Market is characterized by intense competition, with numerous players striving for optimal market share while enhancing service offerings. The landscape is shaped by a combination of traditional logistics providers and newer entrants utilizing technology-driven approaches to streamline the supply chain processes.
Companies are continually looking to improve efficiency, reduce costs, and expand their geographical reach, all while adhering to stringent regulatory compliance and fostering relationships with customs authorities.
The adaptability to market demands, innovations in technology, and enhanced customer service capabilities are pivotal for success in this sector. Various trends, such as e-commerce growth and the need for sustainability, are also influencing competitive strategies, pushing companies to evolve and reinvent their service models effectively.
Panalpina has established a strong presence in the US Freight Forwarding Market, leveraging its extensive network and wide-ranging expertise. The company is recognized for its robust air and ocean freight services, offering tailored solutions that cater to diverse industries, including automotive, healthcare, and technology.
Panalpina’s strengths lie in its operational efficiency, commitment to customer service, and innovative logistics solutions that enhance the supply chain experience. Its significant investments in technology and digital platforms bolster its competitive edge by improving process automation and real-time tracking capabilities.
As the company navigates the complexities of freight forwarding within the US market, it focuses on sustainability initiatives, making environmental efficiency a priority that resonates with modern consumers and regulatory expectations.
Expeditors International is another key player in the US Freight Forwarding Market, renowned for its comprehensive logistics solutions and strong performance across various transportation modes. The company’s key services encompass air and ocean freight, customs brokerage, and supply chain management, all designed to provide seamless logistics solutions to its clients.
Expeditors International’s competitive strengths stem from its customer-centric approach, extensive global network, and solid relationships with carriers and associated service providers. This allows the company to maintain flexibility and responsiveness to market fluctuations and customer needs.
The organization has engaged in strategic mergers and acquisitions, enhancing its market presence and operational capabilities within the US logistics landscape. Its focus on technological innovation also enables improved visibility and service reliability, positioning Expeditors as a leader in the industry.
Key Companies in the US Freight Forwarding Market Include:
US Freight Forwarding Market Developments
The US Freight Forwarding Market has recently seen significant activity, particularly with companies like UPS Supply Chain Solutions and DHL Global Forwarding, focusing on improving their operational efficiencies and technological advancements to adapt to evolving consumer expectations.
In terms of mergers and acquisitions, September 2023 marked the acquisition of Seko Logistics by the larger company Kuehne + Nagel, enhancing its market footprint and service offerings. Additionally, in June 2023, Expeditors International announced its plans to expand its service portfolio, responding to surging demand in e-commerce logistics.
The inclusion of sustainability practices has been increasingly critical, with major players like DB Schenker and Agility Logistics investing in greener supply chain solutions. Growth in market valuation for these companies is driven by heightened demand for reliable logistics services, especially post-COVID-19, which is impacting their operational strategies.
Furthermore, the US freight forwarding industry has seen increased capital being funneled into technology and automation, aiming to reduce lead times and improve service delivery. With the ongoing fluctuations in global trade due to geopolitical tensions, the competitive landscape is poised for notable changes.
Freight Forwarding Market Segmentation Insights
Freight Forwarding Market Delivery Mode Outlook
Freight Forwarding Market Services Outlook
Freight Forwarding Market Application Outlook
| Report Attribute/Metric | Details |
| Market Size 2023 | 40.13(USD Billion) |
| Market Size 2024 | 42.5(USD Billion) |
| Market Size 2035 | 83.0(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 6.274% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Panalpina, Expeditors International, C.H. Robinson, DHL Global Forwarding, Agility Logistics, Kuehne + Nagel, UPS Supply Chain Solutions, Saddle Creek Logistics Services, SEKO Logistics, DB Schenker, Sinotrans, Nippon Express, XPO Logistics, DHL Supply Chain, Geodis |
| Segments Covered | Delivery Mode, Services, Application |
| Key Market Opportunities | E-commerce growth driving logistics demands, Technology advancements for operational efficiency, Sustainable logistics solutions adoption, Increased cross-border trade facilitation, Supply chain resilience strengthening initiatives |
| Key Market Dynamics | e-commerce growth, regulatory compliance, technology integration, supply chain optimization, increasing transportation costs |
| Countries Covered | US |
Frequently Asked Questions (FAQ) :
The US Freight Forwarding Market was valued at 42.5 USD Billion in 2024.
By 2035, the market is anticipated to grow significantly to reach 83.0 USD Billion.
The market is expected to grow at a CAGR of 6.274% during the forecast period from 2025 to 2035.
By 2035, the Airways segment is expected to dominate with a valuation of 25.0 USD Billion.
The Roadways segment is projected to reach a value of 20.5 USD Billion by 2035.
Key players include Panalpina, Expeditors International, C.H. Robinson, and DHL Global Forwarding among others.
The Railways segment is expected to increase to 15.0 USD Billion by 2035.
The Seaways segment is projected to be valued at 22.5 USD Billion in 2035.
There are significant opportunities driven by e-commerce growth and increasing global trade demands.
Challenges may include regulatory changes and fluctuating fuel prices impacting logistics costs.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Research Analyst Experienced business professional with a demonstrated history of working in the cfnb industry. skilled in market research, and market estimation. strong professional with a masters focused in marketing management.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
