openPR Logo
Press release

Digital Freight Brokerage Market Players Focus on Forging Strategic Partnerships to Gain Competitive Edge

09-16-2021 02:17 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

Transparency Market Research delivers key insights on the global digital freight brokerage market. In terms of revenue, the global digital freight brokerage market was valued at over US$ 1.3 Bn in 2019 and is expected to expand at a CAGR of ~33% from 2020 to 2030, to reach US$ 26 Bn by the end of the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global digital freight brokerage market.

The global digital freight brokerage market is broadly affected by several factors, including increasing adoption of smartphones and mobile applications to fuel the efficiency of operations. Thus, expanding applications of digital freight brokerage in different sectors is propelling the global market for digital freight brokerage.

Request a Sample-

Digital Freight Brokerage Market: Dynamics

The increasing adoption of smartphones and mobile applications among shippers and carriers to match their services and needs is a growing trend. The proliferation of smartphones and tablets makes this process much more efficient by letting shippers find carriers on demand and offers price transparency. Most of the players in the market act as mobile-based freight brokers who provide a mobile platform, where shippers and carriers can interact directly. Value-added services provided on mobile platforms by market players are responsible for shippers and carriers opting for digital solutions. Shippers can monitor their shipment in real-time with an online freight application. It also provides the delivery photo, along with a signed invoice for landing. It helps in managing the paperwork of the delivery process with real-time tracking of the shipments. Solution providers are offering advanced freight brokerage solutions to simplify the freight management process with records of shipments. Therefore, increasing adoption of smartphones and mobile applications to enhance the efficiency of operations is expected to drive the demand for digital freight brokerage solutions during the forecast period.

Digital Freight Brokerage Market: Prominent Regions

The digital freight brokerage market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of consumer spending in logistics and transportation solutions in the region. The digital freight brokerage market in Europe is projected to witness favorable growth during the forecast period, due to significant rise in commercial investment in digital freight brokerage and increasing number of digital freight brokerage solution providers in major countries such as the U.K. and Germany. The Asia Pacific digital freight brokerage market is anticipated to expand at the fastest rate during the forecast period, owing to the presence of a large number of players in the digital freight brokerage sector and increasing adoption of digital freight brokerage among logistics and transportation businesses.

Ask for Brochure -

Digital Freight Brokerage Market: Key Players

Key players operating in the global digital freight brokerage market include C.H. Robinson, Cargocentric Inc., CEVA Logistics, Convoy, Coyote Logistics, LLC, DAT Solutions, LLC, DB Schenker Logistics, DHL International GmbH, Echo Global Logistics, Cargomatic Inc., J.B. Hunt Transport, Inc., Kintetsu World Express, Kuehne + Nagel International AG, Loadsmart Inc., Panalpina World Transport (Holding) Ltd., TGMatrix Limited., Transfix, Trucker Path Inc.,, Uber Freight, and uShip Inc.


Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Digital Freight Brokerage Market Players Focus on Forging Strategic Partnerships to Gain Competitive Edge here

News-ID: 2395940 • Views: 155

More Releases from Transparency Market Research

Social CRM Market to Rear Excessive Growth During 2020-2030
Social CRM Market: Introduction The social CRM market focuses on capturing the needs of consumers and generates value for them. Social customer relationship management (CRM) provides critical analysis about the market. It enables businesses to build customer relationships and improve their brand presence. The solution helps companies to monitor and analyze their reputation in the market with various keywords such as brand name and company name. Obtain Report Details @
Video Ad Insertion Platform Market: Size Industry Status Growth Opportunity For …
Video ad Insertion Platform Market – Introduction Video ad insertion platform IT enables marketers to serve different advertisements to each viewer based on consumer insights and ad campaign results. Increasing demand for OTT platforms, technological advances, and an increase in the number of internet users are all boosting the video ad insertion platform industry. Furthermore, the 6-second ad is gaining attention on various social media sites. According to new research from
Smart Luggage Market: Analysis, Strategic Assessment, Trend Outlook And Business …
Smart Luggage Market: Introduction Smart luggage are bags with remote lock systems, GPS locator, USB ports for charging the device, remote or app enabled controls, Wi-Fi or Bluetooth connectivity, and solar powered batteries. Smart luggage have anti-theft protection, which provides the user with an alarm or notification when the luggage gets disconnected or is moved out of range. Smart luggage are not only technological advanced but also have a stylish look,
Storage Resource Management Tool Market: Future Growth And Forecast With Signifi …
Global Storage Resource Management Tool Market: Introduction A storage resource management tool enables real-time and historical information for storage infrastructure with regards to capacity and performance, problem determination, device management, and configuration planning and change management. It helps the storage administrator to automate data backup, data recovery, and SAN performance analysis. The tool helps in visualizing relationships and topologies from application to storage array, analyzing health, configurations and capacity growth, and

All 5 Releases

More Releases for Freight

Ocean Freight Forwarding Market 2018
Global Ocean Freight Forwarding Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Ocean Freight Forwarding Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status. The report provides key statistics on the market status of the Ocean Freight Forwarding
Market synopsis of Global Freight Transport Management Industry by Major Applica …
Market Aspects of Freight Transport Management Industry: The Global Freight Transport Management Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing and production process and so on. This Freight Transport Management Market report is integrated with primary as well as secondary research of the Global industry. The
Global Freight Forwarding Market
This report studies the global Ocean Freight Forwarding market, analyzes and researches the Ocean Freight Forwarding development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like DHL Supply Chain &Globe forwarding Kuehne+Nagei DB Schenker Logistics Sinotrains Panalpina Nippon Express CEVA Logistics Expeditors International USP Supply Chain Solutions SDV DSV Kintetsu World Express Agility Pantos Logistics
A Comprehensive Study exploring Ocean freight and Air freight Market
HTF MI published a new industry research that focuses on Ocean freight and Air freight market and delivers in-depth market analysis and future prospects of Global Ocean freight and Air freight market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers
Freight forwarder achieves rapid ROI
eseg integrated video security and Ubisense precise real-time location provide improved quality of service to Bursped, a leading German logistics operator in the CargoLine network Hamburg and Cambridge – August 20th 2008 In November 2007 logistics services provider Bursped Speditions GmbH, a long-established Hamburg company and one of Germany's most respected freight forwarding companies, installed an efficient monitoring solution to cover its 13,500 m2 distribution centre. The facility handles
Alliance Air Freight Announces New Freight Quote System
Alliance Air Freight & Logistics a leader in the full service freight shipping solutions industry, announced the release of their on line freight quote system. This system allows users to obtain a fast & easy freight quote in seconds. Representatives from the company are in Los Angeles this week officially releasing this system. The company expects the freight quote system to be a huge success with commercial clients as well