Frame of Reference #4

In the end, according to multiple reports, long-term mobile-based freight brokering is expected to emerge “as a fundamental platform that drives optimal asset utilization and enhances efficiency of freight mobility” across the globe. Here’s a look at what that means for key industry segments by 2025:

  1. For-hire fleets – The market is expected to reach approximately 16% of the entire freight brokerage market (about $220 billion) and primarily comprise for-hire fleets.

  2. Private fleets – Will utilize mobile-based freight brokering networks to help optimize their fleet operations to find extra trucks for their fleets due to seasonal fluctuations or to provide assistance to other carriers when there is un-utilized capacity available. Private fleets will use these solutions to improve their own assets.

  3. OEMs – According to reports, in the future, OEMs could use these apps for offering advertisements, service and maintenance reminders/updates, driver infotainment, weather and traffic updates, and other services that can help sell their solutions.

  4. Brokers – Freight brokerage is expected to continue to evolve and become a complete solution including transport management systems, telematics, resource management and ship tracking. “The maturing offering of mobile-based freight brokerage is expected to be a driver of growth in the total freight brokerage market as a platform to create and enhance business among carriers and shippers.”

  5. Drivers – As good as all of this is, it will not work if you have “NO” drivers to drive the vehicles!!