Freight brokerages closures slightly accelerated YoY in April, inching up to -10.8% year-over-year compared to -10.6% last month. There are now 27,206 active freight brokerages compared to 30,406 at this time last year.

Whether it’s a bloodbath or not is up to your own personal opinion. Alex Lockie from Overdrive published an awesome article this week comparing closures on both the carrier and broker side. You can find the article here.

Compared to four years ago when the pandemic began there are still 27% more freight brokerages with active authorities. When looking back four years from May 2023 though this comparison was 48% more brokerages were active in May 2023 then in May 2019.

Here are the running % changes:

MoM:        (-0.9%)
6-month:   (-6.0%)
12-Month: (-10.8%)
2-year:       (-8.9%)
3-year:        7.6%
4-year:         27%
5-year:         32.1%

Thanks as always to the amazing team over at Carrier Details LLC, Kathy Sardelli and Mark Draeb for sharing the data with me.

Brush Pass Research’s Unlimited Data Export Plan subscribers have access to TMS profiles, quick pay, and visibility software. Plus more brokerage details added daily! 

As a reminder these are just some of the searches you can perform to find and close your next massive deal! 

Keyword Search
Company Size
Job Title Level
Department
Tech stack for each freight brokerage including:

TMS, Visibility Tools, Quick Pay Terms and Vendor, Rates/Pricing Tools, Onboarding, and more!

You can start your prospecting now for free at www.brushpassresearch.com!