2024 continues its rough year for freight brokerage growth. The net change in freight brokerages (New active authorities minues inactive authorities) continues to spiral.

The only time period worse was is in 2013 when 7,991 authorities went inactive before the minimum on surety bonds were raised.

---

---

For declines during freight market slumps though we are going through the worst slump right now. In fact, during the Great Recession, there were only two months of triple digit dips in freight brokerage net numbers from 2008 to 2011.

Are we battling through what in the future will be called the Great Freight Recession. If the current freight market doesn’t rebound later this year or next, it would likely go down as the Great Freight Depression.

---

---

Monthly change in net new freight brokerages (Created minus Closed)

Jan 2024 – (512)
Feb 2024 – (383)
Mar 2024 – (191)
Apr 2024 – (414)
May 2024 – (244)
Jun 2024 – (265)

Thanks as always to Kathy Sardelli & Mark Draeb at Carrier Details LLC for sending this data over.

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!