The freight brokerage market is segmented based on the services offered, customer type, mode of transport, and industry vertical. In terms of services, the market is divided into intermodal, truckload, and less than truckload. Intermodal services involve the transportation of goods using multiple modes of transport such as ships, trains, and trucks. Truckload services refer to the movement of a full truckload of goods from one location to another, while less than truckload services involve the transportation of smaller shipments that do not require a full truckload.
Customer Type
The freight brokerage market is also segmented based on customer type, with two main categories being B2B (business-to-business) and B2C (business-to-consumer). B2B customers include businesses that require freight brokerage services to transport goods from suppliers to warehouses or directly to customers. B2C customers, on the other hand, are individuals or households that require freight brokerage services for personal shipments or online purchases.
Mode of Transport
Another important segmentation in the freight brokerage market is based on the mode of transport. The market is divided into two main categories: waterways and roadways. Waterways refer to the transportation of goods using ships, barges, or other vessels over lakes, rivers, oceans, or canals. Roadways, on the other hand, involve the transportation of goods using trucks and other vehicles on roads and highways.
Industry Vertical
The freight brokerage market is also segmented based on industry verticals, including retail and e-commerce, manufacturing, healthcare, and automotive. Retail and e-commerce companies rely heavily on freight brokerage services to transport goods from distribution centers to retail stores or directly to consumers. Manufacturing companies require freight brokerage services to transport raw materials and finished goods between suppliers, manufacturers, and distributors. Healthcare companies rely on freight brokerage services to deliver medical supplies and equipment to hospitals, clinics, and pharmacies. The automotive industry also depends on freight brokerage services to transport vehicles, parts, and accessories between manufacturers, dealerships, and customers.