US Freight Forwarding Market

US Freight Forwarding Market Research Report By Delivery Mode (Roadways, Airways, Railways, Seaways), By Services (Transportation, Warehousing, Packaging, Documentation, Other Services), and By Application (Retail, Food & Beverages, Healthcare, Industrial and Manufacturing, Military, Oil & Gas, Other Application) - Forecast to 2035
ID: MRFR/PCM/17018-HCR
200 Pages
Varsha More
Last Updated: June 25, 2026
US Freight Forwarding Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)6.274%
2023 Market Size$ 40.13 Billion
2024 Market Size$ 42.5 Billion
2035 Market Size$ 83 Billion
Key Players
Panalpina
Expeditors International
C.H. Robinson
DHL Global Forwarding
Agility Logistics
Kuehne + Nagel
Opportunities
  • Freight Forwarding Market Services Insights
  • Freight Forwarding Market Delivery Mode Insights

US Freight Forwarding Market Summary

As per MRFR analysis, the US Freight Forwarding Market Size was estimated at USD 40.13 Billion in 2023. The US Freight Forwarding Market is expected to grow from USD 42.50 Billion in 2024 to USD 83.00 Billion by 2035. The US Freight Forwarding Market is projected to register a CAGR of 6.274% during the forecast period (2025–2035).
 
 
 
 

Key Market Trends & Highlights

US Freight Forwarding Key Trends and Highlights

  • 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.
  • The Seaways segment is projected to be valued at 22.5 USD Billion in 2035.
  • Challenges may include regulatory changes and fluctuating fuel prices impacting logistics costs.

Market Size & Forecast

2024 Market Size 42.5(USD Billion)
2035 Market Size 83.0(USD Billion)
CAGR (2025 - 2035) 6.274%

Major Players

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

Our Impact
Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
Partnering with 2000+ Global Organizations Each Year
30K+ Citations by Top-Tier Firms in the Industry

US Freight Forwarding Market Drivers

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.
 

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.
 

Regional Insights

The South dominates the US Freight Forwarding Market due to its extensive logistics infrastructure, major Gulf Coast ports, and strong cross-border trade with Mexico. States such as Texas, Georgia, and Florida serve as key freight hubs, supported by expanding warehousing facilities, manufacturing activities, and e-commerce distribution centers. Rising import-export volumes and ongoing investments in transportation infrastructure continue to strengthen the region's market position.

The West holds a significant share of the US Freight Forwarding Market, driven by major Pacific ports in California and Washington that facilitate trade with Asia-Pacific countries. The region benefits from high container traffic, advanced logistics technologies, and a strong presence of retail, technology, and manufacturing industries. Continued investments in port modernization and digital freight management are supporting market growth.

The Midwest remains a vital logistics and transportation hub due to its central geographic location and well-established rail, road, and air freight networks. States including Illinois, Ohio, Michigan, and Indiana support large-scale manufacturing, agriculture, and automotive industries, generating substantial demand for freight forwarding services. The region also serves as a key distribution corridor connecting the eastern and western United States.

The Northeast contributes significantly to the US Freight Forwarding Market through its major seaports, airports, and dense commercial activity. States such as New York, New Jersey, and Massachusetts handle substantial import and export volumes while supporting industries including pharmaceuticals, consumer goods, and finance. Increasing demand for efficient supply chain solutions and last-mile delivery services continues to drive freight forwarding growth across the region.

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.

Industry 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.

Future Outlook

US Freight Forwarding Market Future Outlook

Market Segmentation

Freight Forwarding Market Services Outlook

  • Transportation
  • Warehousing
  • Packaging
  • Documentation
  • Other Services

Freight Forwarding Market Application Outlook

  • Retail
  • Food & Beverages
  • Healthcare
  • Industrial and Manufacturing
  • Military
  • Oil & Gas
  • Other Application

Freight Forwarding Market Delivery Mode Outlook

  • Roadways
  • Airways
  • Railways
  • Seaways

Report Scope

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

FAQs

What was the market size of the US Freight Forwarding Market in 2024?
The US Freight Forwarding Market was valued at 42.5 USD Billion in 2024.
What are the expected market dynamics by 2035?
By 2035, the market is anticipated to grow significantly to reach 83.0 USD Billion.
What is the expected CAGR for the US Freight Forwarding Market from 2025 to 2035?
The market is expected to grow at a CAGR of 6.274% during the forecast period from 2025 to 2035.
Which mode of delivery is projected to dominate the market in 2035?
By 2035, the Airways segment is expected to dominate with a valuation of 25.0 USD Billion.
What will be the projected value of the Roadways segment in 2035?
The Roadways segment is projected to reach a value of 20.5 USD Billion by 2035.
Who are the major players in the US Freight Forwarding Market?
Key players include Panalpina, Expeditors International, C.H. Robinson, and DHL Global Forwarding among others.
How much is the Railways segment expected to grow by 2035?
The Railways segment is expected to increase to 15.0 USD Billion by 2035.
What is the anticipated market size for the Seaways segment in 2035?
The Seaways segment is projected to be valued at 22.5 USD Billion in 2035.
What opportunities exist for growth in the US Freight Forwarding Market?
There are significant opportunities driven by e-commerce growth and increasing global trade demands.
What challenges might the US Freight Forwarding Market face in the coming years?
Challenges may include regulatory changes and fluctuating fuel prices impacting logistics costs.
Author
Author
Author Profile
Varsha More LinkedIn
Senior 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.
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