Global and United States Freight Audit and Payment Service Market Report & Forecast 2022-2028

A freight audit and payment service usually consists of the following services: Collecting invoices from the carrier Freight invoice auditing (preaudit or postaudit*) Physical payment to the carrier Aggregate billing to the shipper for freight costs incurred Allocation of transportation costs to individual cost centers Detailed reporting for logistics costs and service The outsourcing of the freight audit and payment function in the U.S. is a well-established practice with many reputable vendors. Many shippers and 3PLs have outsourced the auditing and paying of invoicing to a vendor, and this has resulted in major savings and improved accuracy. Outsourcing freight payment in Europe and Asia as a practice is not as well-adopted as in the U.S. but the market continues to grow in each respective region.
Market Analysis and Insights: Global and United States Freight Audit and Payment Service Market
This report focuses on global and United States Freight Audit and Payment Service market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Freight Audit and Payment Service market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Cross-border Trade accounting for % of the Freight Audit and Payment Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Ocean Transport was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Freight Audit and Payment Service market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Freight Audit and Payment Service Scope and Market Size
Freight Audit and Payment Service market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Freight Audit and Payment Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Freight Audit and Payment Service market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
Cross-border Trade
Domestic Trade

Segment by Application
Ocean Transport
Air Transport
Land Transport
Combined Transport

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Acuitive Solutions
Blume Global
Cass Information Systems
ControlPay
CT Logistics
CTSI-Global
Data2Logistics
enVista
Green Mountain Technology
Intelligent Audit
INTERLOG
nVision Global
RateLinx
Software Solutions Unlimited
TranzAct
Trax
U.S. Bank