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Freight Forwarding Brokerages & Agencies in Maryland

Author.Name IBISWorld United States Last Updated: March 2026 NAICS MD48851

Freight Forwarding Brokerages & Agencies in Maryland industry analysis

The Freight Forwarding Brokerages & Agencies industry in Maryland is expected to decline an annualized -x.x% to $x.x million over the five years to 2026, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2031, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Freight Forwarding Brokerages & Agencies in Maryland Market Research Report

What’s Included in the Freight Forwarding Brokerages & Agencies in Maryland Market Research Report

Definition of the Freight Forwarding Brokerages & Agencies in Maryland?

Freight forwarding brokerages and agencies coordinate the transport of goods between shippers and carriers. These businesses, commonly referred to as freight forwarders, marine shipping agents, or customs brokers, provide services that cover various transportation modes. Although they operate as intermediaries, the cost of arranging shipments is not counted as industry revenue.

What’s included in the Freight Forwarding Brokerages & Agencies in Maryland?

The Freight Forwarding Brokerages & Agencies in Maryland includes domestic freight transportation arrangement services, international freight forwarding and customs brokerage services, non-vessel operating common carrier services and storage and distribution services. Related terms covered in the Freight Forwarding Brokerages & Agencies in Maryland industry report includes when carriers fill trucks with merchandise from several companies, as opposed to one company. combining multiple shipments enables carriers to be more efficient, shipments that don't occupy the space of a single standard cargo container, a strategy implemented to improve profitability by reducing inventory and purchasing only the raw materials needed for the immediate term and provision of transportation activities from door to door through the vertical integration of the supply chain.

Industry Performance of the Freight Forwarding Brokerages & Agencies industry in Maryland

Benchmark the Freight Forwarding Brokerages & Agencies in Maryland industry performance with all MD county and national performance.

Freight Forwarding Brokerages & Agencies in Maryland

#28 in Highest Revenue 0.6% of state's GDP
Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

Freight Forwarding Brokerages & Agencies in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Freight Forwarding Brokerages & Agencies industry in Maryland

See how key industry drivers, such as population, new business formation, net migration, research and development expenditure, e-commerce sales and freight transportation services index are impacting Freight Forwarding Brokerages & Agencies in Maryland

Maryland Economic Indicators

Population
New Business Formation
Net Migration

View more economic information in MD State Economic profile

US Key External Drivers

Research and development expenditure
E-commerce sales
Freight transportation services index

For the full list of industry drivers, see report purchase options.

County Data of the Freight Forwarding Brokerages & Agencies industry in Maryland

Access proprietary data on county in the Freight Forwarding Brokerages & Agencies in Maryland, such as Anne Arundel County, Baltimore City and Baltimore County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Freight Forwarding Brokerages & Agencies industry in Maryland

Download 19 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Freight Forwarding Brokerages & Agencies industry in Maryland in 2026?

The market size of the Freight Forwarding Brokerages & Agencies industry in Maryland is $973.3m in 2026.

How many businesses are there in the Freight Forwarding Brokerages & Agencies industry in Maryland in 2026?

There are 755 businesses in the Freight Forwarding Brokerages & Agencies industry in Maryland, which has been declining at an average annual rate of -1.5% from 2021 to 2026.

Has the Freight Forwarding Brokerages & Agencies industry in Maryland grown or declined over the past 5 years?

The market size of the Freight Forwarding Brokerages & Agencies industry in Maryland has been declining at an average annual rate of -2.5% from 2021 to 2026.

How many employees in the Freight Forwarding Brokerages & Agencies industry in Maryland in 2026?

There are 2,926 employees in the Freight Forwarding Brokerages & Agencies industry in Maryland, which has been declining at an average annual rate of -4.9% from 2021 to 2026.