Lewes, DE -- (SBWIRE) -- 01/25/2018 -- 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.

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