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Freight Forwarders Sector

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About Freight Forwarders

There are 33.7K companies in the Freight Forwarders sector across the world, with 1.01K funded companies having collectively raised $54.8B in venture capital money and private equity. Overall 1.71K of these are Series A+ funded, and 1 of these is a unicorn.
Freight Forwarders sector has seen 1.22K acquisitions and 395 IPOs.
This sector includes companies that act as intermediaries between cargo shippers and transportation service providers to organize shipments from shipper to the final point of distribution.
Freight Forwarders sector is also known as Freight brokers.

Companies included in Freight Forwarders sector

Companies that transport freight on behalf of the clients using third-party transporters. Freight transportation companies that do not own a fleet of trucks/ships/aircraft would be covered here

Companies excluded in Freight Forwarders sector

Companies that provide logistic services, booking platforms, software solutions for freight forwarders, freight forwarder marketplace, freight forwarder listings, internet first freight forwarders, customs agents, cargo surveyors, ship agents, CEP companies are excluded
Key Metrics
Total Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions
Also known as
Freight brokers

Market Map of Freight Forwarders

The market map of Freight Forwarders gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Recent BlueBox/Industry Definition image of Freight Forwarders

Reports related to Freight Forwarders

Here are some reports related to Freight Forwarders sector:
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Top Companies in Freight Forwarders

There are more than 33.7K companies in Freight Forwarders. CMA CGM is the top Freight Forwarders company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Freight Forwarders companies globally:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Provider of end-to-end shipping, logistics, and air freight transport solutions
Marseille (France)
1978
Acquired
-
Provider of multimodal logistics services
Gurugram (India)
1958
Public
-
Provider of express, freight, and logistics solutions
1982
Acquired
-
Provider of international express shipping, freight, and supply chain services
Bonn (Germany)
1969
Public
-
Provider of web-based payment management solutions for the transportation industry
San Francisco (United States)
2019
Series B
$142M
Get a longer list of companies

Companies founded year-on-year in the Freight Forwarders sector

2 new startups have been founded so far in 2026 in the Freight Forwarders sector. 2,122 Freight Forwarders startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Freight Forwarders sector2026202520242023202220212020201920182017Founded Year04509001,3501,8002,250Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
2
2025
18
2024
117
2023
788
2022
1,588
2021
1,849
2020
2,122
2019
1,457
2018
1,078
2017
701

Companies founded across countries in the Freight Forwarders sector

United States has 6,844 Freight Forwarders startups, the most by any country, followed by India which has 4,495 startups and United Kingdom which has 3,113.

Companies founded across countries in the Freight Forwarders sectorUnited S...IndiaUnited K...GermanyCanadaChinaUnited A...Australi...Indonesi...EstoniaCountries01,5003,0004,5006,0007,500Count of Number of Companies
  • Total Number of Companies
Country
No. of companies
United States
6,844
India
4,495
United Kingdom
3,113
Germany
1,263
Canada
946
China
699
United Arab Emirates
684
Australia
598
Indonesia
554
Estonia
515

Stage-wise distribution of the Freight Forwarders sector

Out of the total 33,659 Freight Forwarders companies, 1,012 have secured funding. Among them, 1,714 have reached Series A or higher, and 1,678 to Series B or beyond.

Founded - 33,659
Funded - 1,012
Series A+ - 1,714
Series B+ - 1,678
Series C+ - 1,664
Company Stage
No. of companies
Founded
33,659
Funded
1,012
Series A+
1,714
Series B+
1,678
Series C+
1,664
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  • 33.7K+ Total Companies
  • $54.8B+ Total Funding
  • 1K+ Funded Companies
  • 390+ IPOs
  • 1.2K+ Acquisitions

Top Investors in Freight Forwarders

Europa is the top investor in Freight Forwarders companies based on number of companies invested.
Here are some top investors in Freight Forwarders:
See a more detailed list of investors

M&A activity in Freight Forwarders

In the year 2026, till March 2026, 13 acquisitions happened in Freight Forwarders sector. Last year, in 2025, a total of 69 acquisitions happened in Freight Forwarders sector.
Here are some recent, important acquisitions in Freight Forwarders:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Mar 23, 2026
Business Acquisition
Feb 19, 2026
Business Acquisition
Feb 17, 2026
Business Acquisition
Feb 16, 2026
Business Acquisition
Feb 16, 2026
See a more detailed list of acquisitions

Acquisition trends in Freight Forwarders

Here are the acquisition trends in Freight Forwarders:

Acquisition trends in Freight Forwarders2026202520242023202220212020201920182017Acquisition Round Date (Yearly)03570105140175Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
13
2025
69
2024
96
2023
95
2022
168
2021
130
2020
69
2019
137
2018
113
2017
89

IPOs in Freight Forwarders

In the year 2025, till December 2025, 10 IPOs happened in Freight Forwarders sector.
Here are some recent, important IPOs in Freight Forwarders:
Company
IPO Date
Exchange Symbol
Dec 24, 2025
Bombay Stock Exchange (BSE)
Oct 31, 2025
Mexican Stock Exchange (BMV)
Oct 08, 2025
Bombay Stock Exchange (BSE)
Oct 08, 2025
Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
Oct 07, 2025
Bombay Stock Exchange (BSE)
See a more detailed list of IPOs

Top News in Freight Forwarders

View all Freight Forwarders Top News

FAQs about Freight Forwarders sector

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