Brush Pass Research

Load Count Estimates for the Largest 1,000 Freight Brokerages 🚚 Daily Load Shipments: * Total Loads Per Day: The top 1,000 freight brokerages collectively ship between 250,000 to 300,000 loads per working day. * Top 7% Concentration: The top 7% of these brokerages account for 70% of the daily loads, shipping over 150,000 loads per day. * Top 2% Median: The top 2% of these brokerages have a median daily load count of 1,836 loads. * Bottom Two-Thirds Median: The bottom two-thirds of the top 1,000 brokerages have a median daily load count of 41 loads. How does your brokerage's load count compare, and what strategies are you using to increase efficiency and volume? Understanding these load dynamics can help you position your brokerage for success. Let’s discuss how these figures influence your strategy and operations. 💡 Learn more about optimizing your brokerage’s load handling at brushpassresearch.com #FreightBrokerage #LoadManagement #Logistics #BusinessStrategy #IndustryTrends 📞 For expert advice on maximizing load efficiency, call us at +1 646-731-4735

2024 Starts with 8.4% of Freight Brokerages Closing Up Shop The freight brokerage industry is experiencing a significant shakeup. Decline in brokerages over recent months: YoY Decline Started: July 2023 (-0.9%) Accelerating Declines: October 2023: -7.4% November 2023: -6.1% December 2023: -7.8% January 2024: -8.6% 1️⃣ Market Challenges: What are the main factors driving these closures? 2️⃣ Adapting Strategies: How can brokerages adapt to survive and thrive in this changing landscape? 3️⃣ Future Outlook: What does this trend mean for the future of the industry? How is your brokerage navigating these challenging times, and what strategies are you employing to stay ahead? Understanding these trends is crucial for developing effective strategies to remain competitive. Share your thoughts and let's discuss potential solutions! 💡 Learn more about navigating industry changes and staying resilient at brushpassresearch.com #FreightBrokerage #IndustryTrends #BusinessStrategy #MarketChallenges #Logistics 📞 For expert advice on adapting to industry changes, call us at +1 646-731-4735

Freight Brokers Now Control 1 in 4 Truckloads From 2015 to 2019, freight brokers consistently controlled around 15% of for-hire trucking. However, the landscape shifted dramatically in 2020, with the percentage of freight moved by brokers jumping to 25% by 2022. 1️⃣ Market Impact: What factors contributed to this significant increase in market control by freight brokers? 2️⃣ Strategic Growth: How can smaller brokerages leverage this trend to expand their operations? 3️⃣ Industry Dynamics: What are the implications of this shift for the overall logistics industry? How has this increase in freight broker control impacted your business operations and strategy? Understanding these changes can help you better navigate the competitive landscape. Share your experiences and strategies for adapting to this evolving market. 💡 Learn more about these trends and how to position your brokerage for success at brushpassresearch.com #FreightBrokerage #MarketTrends #Logistics #BusinessStrategy #IndustryGrowth 📞 For expert advice on leveraging market trends, call us at +1 646-731-4735

Freight Brokerage Decline Continues: February 2024 Sees 9.2% Drop Year-Over-Year 📉 The freight brokerage industry is facing significant downward pressure. The latest data reveals a 9.2% decline in active brokerages compared to last year. Let's dive into the details: 1️⃣ 6-Month % Change: -6.0% 2️⃣ 1-Year % Change: -9.2% 3️⃣ 2-Year % Change: -4.2% 4️⃣ 3-Year % Change: +14.8% 5️⃣ 4-Year % Change: +30.7% 6️⃣ 5-Year % Change: +38.1% 📊 Year-Over-Year Growth Trends: Jun 2023: -0.9% Jul 2023: -2.6% Aug 2023: -4.2% Sep 2023: -5.6% Oct 2023: -7.4% Nov 2023: -6.1% Dec 2023: -7.8% Jan 2024: -8.6% Feb 2024: -9.2% What strategies are you implementing to stay resilient in this challenging market? As the market continues to face downward pressure, the excess capacity and intense competition among freight brokerages are likely to persist, contributing to ongoing rate declines and industry consolidation. 💡 Learn more about navigating these challenges and strategizing for growth at brushpassresearch.com #FreightBrokerage #IndustryTrends #MarketChallenges #BusinessStrategy #LogisticsInsights 📞 For expert advice on adapting to market changes, call us at +1 646-731-4735

Employee Headcount in the Largest 1,000 Freight Brokerages Did you know? Brokerages with over $1 billion in annual gross revenue have a median employee size of 1,350 employees. Growth-Cap Brokerages with $10 million to $49 million in annual gross revenue have a median employee size of 25 employees. 1️⃣ Scalability: How do larger brokerages manage such extensive workforces effectively? 2️⃣ Growth Strategy: What strategies can smaller brokerages implement to scale their operations? 3️⃣ Efficiency: How can smaller teams maintain high efficiency and performance? What challenges do you face in managing your team, and how are you addressing them to support growth? Understanding these dynamics can help you better plan your growth strategies and manage your workforce efficiently. Share your insights and learn from industry trends! 💡 Learn more about managing employee headcount and scaling your brokerage at brushpassresearch.com #FreightBrokerage #EmployeeManagement #GrowthStrategy #BusinessScalability #IndustryInsights 📞 For expert advice on managing your workforce, call us at +1 646-731-4735

Growth Dynamics for Mid-Cap Brokerages As Mid-Cap brokerages scale up, they undergo significant changes in business processes, department structures, delegation, technology adoption, and ideal customer profiles (ICPs). 1️⃣ Business Processes: How are you streamlining operations to support rapid growth? 2️⃣ Department Structures: Is your organization adapting its structure to enhance efficiency? 3️⃣ Technology Adoption: Are you leveraging the latest tech to stay competitive? 4️⃣ Ideal Customer Profiles (ICPs): How are you refining your target market to optimize service delivery? What strategies have you found most effective in managing growth dynamics at your brokerage? Understanding and navigating these changes can be key to sustaining growth and success. Share your experiences and learn from others in the industry! 💡 Learn more about managing growth dynamics at brushpassresearch.com #FreightBrokerage #MidCapGrowth #BusinessStrategy #TechAdoption #CustomerProfile 📞 For expert advice on scaling your brokerage, call us at +1 646-731-4735

Impact of Technology on Freight Brokerage Technology is transforming the freight brokerage industry at an unprecedented pace. From AI-driven analytics to blockchain for transparent transactions, tech innovations are driving efficiency and reliability. 1️⃣ AI-Driven Analytics: How are you using AI to predict demand and optimize routes? 2️⃣ Blockchain: Ensuring transparent and secure transactions. 3️⃣ Efficiency and Reliability: Leveraging technology to enhance operational efficiency and service reliability. How has technology impacted your brokerage, and what innovations have made the most difference? Sharing your experiences can provide valuable insights to others navigating the tech landscape in freight brokerage. Let’s discuss how we can harness these innovations for greater success. 💡 Discover more about the impact of technology on freight brokerage at brushpassresearch.com #FreightBrokerage #TechInnovation #AI #Blockchain #OperationalEfficiency 📞 For expert advice on integrating technology into your operations, call us at +1 646-731-4735

Remember, every challenge is an opportunity in disguise! How do you stay motivated in challenging times? 1️⃣ Mindset: Maintaining a positive and resilient mindset is crucial for overcoming obstacles. 2️⃣ Innovation: Embrace change and seek out innovative solutions to stay ahead. 3️⃣ Community: Lean on your network and industry peers for support and inspiration. How do you push through doubts and stay focused on your goals in the face of adversity? Share your strategies and experiences to inspire others in our community. Let's turn today's challenges into tomorrow's achievements! 💡 Learn more about overcoming challenges and staying motivated at brushpassresearch.com #FreightBrokerage #Motivation #OvercomingChallenges #Innovation #CommunitySupport 📞 For personalized advice and strategies, call us at +1 646-731-4735

What's the Biggest Challenge You Face in Your Freight Brokerage Operations Today? Share your thoughts and let's discuss solutions together. 1️⃣ Operational Efficiency: Are you struggling to streamline your operations and reduce costs? 2️⃣ Customer Retention: Is maintaining strong relationships with clients a major concern? 3️⃣ Technology Integration: How challenging is it to implement new technologies and keep up with industry standards? 4️⃣ Market Competition: Are you finding it difficult to stand out in a crowded market? What specific challenge do you find most daunting in your freight brokerage operations, and what strategies have you considered to address it? Engaging in these discussions can help us all find effective solutions and improve our operations. Let's collaborate and share our experiences! 💡 Join the conversation and explore practical solutions at brushpassresearch.com #FreightBrokerage #IndustryChallenges #Logistics #OperationalEfficiency #CustomerRetention 📞 For expert advice and personalized solutions, call us at +1 646-731-4735

Did you know that the top 1,000 freight brokerages control about 88% of the industry's gross revenue? This highlights the importance of scale and efficiency in the freight brokerage market. Understanding market dynamics can help smaller brokerages strategize for growth. 1️⃣ Market Dominance: The top players hold a significant share of the market, setting the standards for efficiency and service. 2️⃣ Strategic Growth: How can smaller brokerages leverage this knowledge to compete effectively? 3️⃣ Efficiency Gains: Emulating the strategies of top brokerages can lead to improved operations and growth. What steps can smaller brokerages take to increase their market share and compete with the industry's giants? Understanding these dynamics is crucial for developing effective growth strategies. Share your thoughts and strategies for navigating this competitive landscape! 💡 Learn more about market dynamics and growth strategies at brushpassresearch.com #FreightBrokerage #MarketDynamics #BusinessStrategy #LogisticsGrowth #CompetitiveEdge 📞 For expert advice on growing your brokerage, call us at +1 646-731-4735