Market Share of USA Customs Brokerage Industry
The market for customs brokerage in the United States is fairly fragmented, with many number of customs brokers operating in the market, making it a highly competitive environment. The top players in the market include United Parcel Service and FedEx Corporation, with some other significant players including Livingston International, Expeditors, A.N. Deringer, and C.H. Robinson. Based on a number of entries, it was estimated that FedEx and UPS together account for almost the majority of the total market. Although the top five to ten players take up more than 50% of the market, the companies that account for the remaining market share are more in number with very less market shares.
Apart from these players, the major global freight forwarding companies such as DB Schenker and Kuehne + Nagel also have good service offerings in the US customs brokerage market. A lot of acquisitions have occurred in the past decade, such as Carmichael by APL Logistics and Livingston acquiring FPA Customs brokers, among others.
USA Customs Brokerage Market Leaders
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United Parcel Service Inc.
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FedEx Corporation
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Deutsche Post DHL group
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Livingston International
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Expeditors International
*Disclaimer: Major Players sorted in no particular order
