United States Freight Forwarding Market is expected to reach US$ 44 billion by 2032 | Top Companies - CEVA Logistics, DB SCHENKER, Kuehne+Nagel.

Market Size and Growth:

The Global Freight Forwarding Market Size reached US$ 175.1 billion in 2023 and is expected to reach US$ 245.2 billion by 2031, growing with a CAGR of 4.3% during the forecast period 2024-2031. The Market is growing due to the rapid expansion of cross-border e-commerce and increasing global trade volumes, driving higher demand for efficient logistics and international transportation services. According to DataM Intelligence Report.

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The Freight Forwarding Market refers to the industry that manages the organization, coordination, and shipment of goods across international or domestic borders on behalf of shippers. Freight forwarders handle logistics processes including transportation, documentation, customs clearance, warehousing, and delivery using multiple modes like air, sea, rail, and road. The market enables efficient, cost-effective, and timely movement of cargo in global trade.

Industry Recent Developments: United States

✅ November 2025: Demand indicators mixed; tightening capacity as some fleets exit. Class 8 truck orders ticked up but may be temporary. Spot truckload rates up YTD, contract rates below 2024 levels. Regulatory changes on demurrage and detention fees causing billing tensions; vessel wait times grew to eight days.​

✅ October 2025: Ocean freight market volatile with carriers deploying blank sailings to stabilize falling spot rates. General Rate Increase (GRI) enforced mid-month. Importers accelerated shipments to avoid tariffs, causing freight demand spikes and port congestion.​

✅ September 2025: Truckload volumes stabilized but freight transportation index fell 2.1% in September due to decreases in air freight, rail, trucking segments. Reshuffling dry van freight routes through Mexico and Canada to circumvent duties increased cross-border demand. LTL carriers investing in automated hubs and dynamic pricing.

Industry Recent Developments: Japan

✅ November 2025: Digital forwarding services expanding to provide instant online freight quotes for international air and ocean cargo. Cargo movement from Asia to Europe and intra-Asia expected to increase. Peak season impact limited with short-term container freight rates expected to decline due to supply-demand shifts.​

✅ October 2025: The Japan freight and logistics market is driven by manufacturing exports of automotive and electronics. Investments in clean-room air cargo solutions and bonded warehousing increased. Air freight forwarding grows aided by pharma temperature monitoring and AI forecasting for belly-hold capacity.​

✅ September 2025: Asia-Europe container exports hit record highs but pressure on freight rates remains due to high capacity. Parcel volumes rising strongly alongside e-commerce growth, pushing investments in regional distribution centers and last-mile fleet routing software in Japan to maintain fast fulfillment.

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Major Key Players:

Kuehne+Nagel
Deutsche Post AG (DHL Group)
DB SCHENKER
Expeditors International of Washington, Inc.
CEVA Logistics
DSV
FedEx
Uber Technologies, Inc.
United Parcel Service of America, Inc.
NIPPON EXPRESS HOLDINGS.

Market Growth Drivers:

✅ Expansion of Global Trade and Globalization: Increasing international trade volumes and globalization of business operations are driving the demand for efficient freight forwarding services to manage complex logistics across multiple countries.

✅ Rapid Growth of E-commerce: The surge in online retail and B2C shipments, especially cross-border e-commerce, is creating significant volume increases and complexity, pushing freight forwarders to enhance their logistics networks and offer faster, more reliable deliveries.

✅ Technological Advancements and Digitalization: Adoption of digital freight platforms, real-time tracking, automation, AI-based route optimization, and integrated logistics solutions improve operational efficiency, transparency, and customer experience, further propelling market growth.

Segments Covered in the Freight Forwarding Market:

By Service: Transportation and Warehousing, Packaging and Documentation, Value-added Services.

By Mode Of Transport: Land Freight Forwarding, Sea Freight Forwarding, Air Freight Forwarding.

By Customer: B2B, B2C.

By End-User: Retail and E-Commerce, Industrial & Manufacturing, Healthcare, Automotive, Others.

Regional Analysis for Freight Forwarding Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Freight Forwarding market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Freight Forwarding Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Freight Forwarding market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Freight Forwarding Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Freight Forwarding market?

➠ Who are the global key manufacturers of the Freight Forwarding Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Freight Forwarding market opportunities and threats faced by the vendors in the global Freight Forwarding Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Freight Forwarding market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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