Research Overview Frost & Sullivan's research service on the North American Mobile Based Freight Brokering Market provides detailed market forecasts, drivers and restraints as well as market shares and competitive analyses of participants in the mobile based freight brokerage market from 2014 to 2025. The study also identifies and profiles four emerging companies that will revolutionize the North American freight mobility market.--BEGIN PROMO--

Market Overview
Mobile solutions to replace traditional freight brokers
Mobile based freight brokerage or Uber for trucks is growing rapidly in North America, with technology companies shifting away from traditional freight brokering and developing these solutions to improve efficiency. As the current freight movement market is considerably inefficient, ample opportunities exist for mobile based platforms and transportation management systems (TMS). Digitization in trucking will put pressure on traditional freight brokers to move their business towards Web and mobile based freight brokering. Thus, many traditional freight brokers will develop mobile based freight brokerage capabilities that combine features from traditional freight brokering, load boards and Web based freight brokering into one efficient solution for drivers and fleets. Frost and Sullivan believes that by 2025, the market will favor mobile based service/platform over Web based freight brokering.
Realizing the market potential, several innovative firms such as Cargomatic, Transfix, Coyote and Keychain Logistics are working on mobile based platforms that connect shippers to nearby carriers and owner-operators within their network in real time for automatic dispatch. While existing solutions look to eliminate inefficient load bidding system, the focus is expected to broaden to complete solutions that include TMS, telematics, resource management and complete shipping tracking. This will create and enhance business among carriers and shippers. Both private and large for-hire fleets will adopt this service to optimize their operations by enlisting unused capacity in their own fleets to take on extra business.