Freight broker statistics
How many freight brokers FMCSA authorizes, how long approval takes, how many lose that authority within one and two years, and why. Built from FMCSA's public records and updated every quarter. This page always carries the latest figures.
Key statistics
About 1 in 3
Brokers granted authority in 2022–2024 that lost it within a year
FMCSA records, windows closed by 15 May 2026
About 2 in 3
Brokers granted authority in 2021–2023 that lost it within two years
FMCSA records, windows closed by 15 May 2026
83%–84%
First-year losses that followed a bond or trust cancellation
FMCSA revocation and insurance records
39% vs 27%
First-year loss: free email vs own domain
FMCSA records and Company Census
21 days
Median time from application to active authority, Q3 2026
FMCSA Authority History, Q3 2026 grants
3,781
Property-broker authorities granted in 2025
FMCSA Authority History
- About one in three freight brokers granted FMCSA authority in 2022–2024 lost it within 12 months (31%–35%, depending on the year granted).
- About two in three freight brokers granted FMCSA authority in 2021–2023 lost it within two years (63%–69%, depending on the year granted); about 10% of brokers that lost authority later regained it.
- Of brokers that lost authority in their first year (2023–2024 cohorts), 83%–84% had a bond or trust-fund cancellation take effect in the 45 days before revocation.
- Brokers whose FMCSA registration lists a free email address lost authority in their first year at 39%, against 27% for brokers whose registration lists their own domain (2023–2024 cohorts; email as on file in October 2026).
- For property brokers FMCSA authorized in Q3 2026, the median time from application to active authority was 21 calendar days; half took between 13 and 36 days.
- FMCSA granted 3,781 property-broker authorities in 2025, down from 8,626 in 2022.
First two years
How new brokers fared in their first two years
| Granted in | Brokers | Lost within 6 months | 12 months | 24 months | Held on 15 May 2026 |
|---|---|---|---|---|---|
| 2021 | 8,541 | 7.3% | 24.5% | 62.5% | 17.7% |
| 2022 | 8,626 | 7.5% | 30.8% | 68.6% | 21.0% |
| 2023 | 6,224 | 12.6% | 35.1% | 66.2% | 29.3% |
| 2024 | 3,856 | 14.1% | 32.1% | 59.2%* | 45.2% |
| 2025 | 3,781 | 15.1%* | 30.7%* | — | 72.2% |
A loss is the first time FMCSA records show the authority ended after the grant: almost always an involuntary or voluntary revocation, plus a handful of out-of-service orders and administrative inactivations. Transfers and renumberings don't count. Rates use only brokers whose 6-, 12- or 24-month window closed by 15 May 2026, when FMCSA moved to a new records system that has recorded far fewer revocations since. *2024: 24-month rate covers brokers granted 2 January 2024 – 15 May 2024 (1,665). *2025: 6-month rate covers brokers granted 2 January 2025 – 13 November 2025 (3,341); 12-month rate covers brokers granted 2 January 2025 – 15 May 2025 (1,355).
Why
Why first-year authorities ended
| Granted in | First-year losses | Bond or trust cancelled | Voluntary | Other |
|---|---|---|---|---|
| 2021 | 2,096 | 71.6% | 21.2% | 7.3% |
| 2022 | 2,659 | 73.8% | 21.0% | 5.2% |
| 2023 | 2,183 | 82.7% | 15.0% | 2.2% |
| 2024 | 1,236 | 84.4% | 12.5% | 3.2% |
"Bond or trust cancelled" means a BMC-84 surety bond or BMC-85 trust-fund cancellation took effect in the 45 days before an involuntary revocation. FMCSA's older records don't state the reason directly. Across all brokers granted 2021–2026, this match was found for 98% of the involuntary revocations we could date (19,372 of 19,716 first losses).
Approval
How long it takes to get broker authority
For the 705 property brokers FMCSA authorized in Q3 2026 with a recorded application date, the median time from application to active authority was 21 calendar days. Half took between 13 and 36 days. FMCSA's own guidance is that first-time applications may take 20 to 25 business days.
| Granted in | Brokers | Median days, application to authority |
|---|---|---|
| July 2026 | 155 | 16 |
| August 2026 | 308 | 26 |
| September 2026 | 242 | 20 |
Application date is the first "Initial Status" entry in FMCSA's Authority History; the end date is the grant. The span includes the broker's own bond or trust and BOC-3 filings and the protest period, not only FMCSA's review. 48 of 753 dockets have no application date in the new records and are left out: 31 were applications pending when FMCSA switched systems in May 2026 and 17 were older authorities being reinstated. Each took at least 27 days, so counting them would put the median at 22 days. Application dates in the new system start on 19 May 2026, so the July figure leans toward faster approvals.
New brokers
Property-broker authorities granted per year
FMCSA granted 3,781 property-broker authorities in 2025, down from 8,626 in 2022.
| Group | Value |
|---|---|
| 2021 | 8,541 |
| 2022 | 8,626 |
| 2023 | 6,224 |
| 2024 | 3,856 |
| 2025 | 3,781 |
Method
How these numbers are compiled
- Who is counted. Every property-broker authority FMCSA granted in the year, one count per docket at its earliest grant. Household-goods brokers and freight forwarders are excluded.
- What a loss is. The first time the authority ended after the grant, almost always by revocation (involuntary or voluntary). A lost authority is not always a closed business, and about 10% of brokers that lost authority later regained it.
- Which windows count. FMCSA moved to a new records system in 2026, and it has recorded far fewer revocations since. Loss rates use only brokers whose 6-, 12- or 24-month window closed by 15 May 2026; anything later would undercount.
- Reasons. FMCSA's older records don't state why an authority was revoked. We match each involuntary revocation to a BMC-84 bond or BMC-85 trust cancellation that took effect in the 45 days before it.
- Email. The address on the broker's FMCSA registration, sorted into free providers and the broker's own domain. It is the address on file in October 2026, not necessarily the one used at approval. The gap is a correlation, not proof of cause.
- Checked before publishing. We drew 120 brokers at random (20 from each year, 2021–2026), re-queried FMCSA's records live and re-derived each result with a second implementation. Grant dates matched for 120 of 120 and first-loss dates for 120 of 120. A separate analysis, written independently from the same raw records, reproduced the headline rates.
Sources: FMCSA Authority History (legacy 9mw4-x3tu and Motus yu5v-wbh6), Revocation and Insurance History, Company Census, via data.transportation.gov. Data as of 7 October 2026. Every figure on this page is in the CSV download.
Use these statistics
How to cite this page
Free to use under CC BY 4.0. Please credit S4L Research and link to this page; it always carries the latest figures.
S4L Research, "Freight Broker Statistics", Sites4Logistics. https://s4l.io/research/freight-broker-statistics (updated 7 October 2026).
Method above; program rules on the S4L Research page. Download every figure as CSV.
FAQ
Freight broker statistics, answered
How many freight brokers fail in their first year?
In FMCSA records, about one in three lost their authority within a year: 31% of brokers granted authority in 2022, 35% in 2023 and 32% in 2024. Brokers granted in 2021 did better, at 25%. A lost authority is not always a closed business: most were revoked after the broker's bond or trust lapsed, some were given up voluntarily, and about 10% of brokers that lost authority later got it back.
How many freight brokers lose their authority within two years?
About two in three in FMCSA records: 63% of brokers granted authority in 2021, 69% in 2022 and 66% in 2023 lost it within two years. About 10% of brokers that lost authority later regained it.
Why do new freight brokers lose their authority?
Mostly because their BMC-84 bond or BMC-85 trust fund was cancelled. Of first-year losses in the 2023–2024 cohorts, 83%–84% had such a cancellation take effect in the 45 days before revocation, and voluntary revocations made up most of the rest. The records don't say why a bond was cancelled: it can be a broker in trouble or one that stopped paying the premium.
How long does it take to get freight broker authority?
About three weeks. For property brokers FMCSA authorized in Q3 2026, the median time from application to active authority was 21 calendar days, and half took between 13 and 36 days. That span includes the broker's own filings (the BMC-84 bond or BMC-85 trust and the BOC-3 process agent) and the protest period, not only FMCSA's review. FMCSA's own guidance is that first-time applications may take 20 to 25 business days.
How many new freight brokers are there each year?
FMCSA granted 8,541 property-broker authorities in 2021, 8,626 in 2022, 6,224 in 2023, 3,856 in 2024 and 3,781 in 2025.
Does a broker's email address really matter?
It goes with very different outcomes. Brokers whose FMCSA registration lists a free email address lost authority in their first year at 39%, against 27% for brokers whose registration lists their own domain (2023–2024). That is a correlation, not proof of cause: better-prepared brokers likely do both. The address is the one on file in October 2026, not necessarily the one used at approval, but the gap held at about 10 points among brokers whose registration hasn't been updated since their first month, so the address is most likely the original.
Can I use these statistics?
Yes, under CC BY 4.0. Credit S4L Research and link to this page, which always carries the latest figures.
Next step
Starting a brokerage?
Launch with the basics shippers and carriers check: your own domain, a working site with your MC number on it, and email nobody can fake.
