Third Party Logistics (3PL) Market in the US 2019 - Growth, Forecast and Analysis Report
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  • Third Party Logistics (3PL) Market in the US 2019 - Growth, Forecast and Analysis Report

    (Transportation-News.com, April 22, 2015 ) Dallas, TX -- 3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics such as transportation, warehousing, and freight and forwarding. A service provider that provides these services is called a 3PL provider. Often, 3PL providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and operational value to many shippers worldwide. 3PL uses new and innovative SCM to enhance efficiency.



    The analysts forecast Third Party Logistics market in US to grow at a CAGR of 5.37 percent over the period 2014-2019.



    Covered in this report



    This report covers the present scenario and the growth prospects of the 3PL market in the US for the period 2015-2019. To calculate the market size, this report considers net revenue generated by 3PL providers. The report also presents the vendor landscape and a corresponding detailed analysis of the top seven vendors in the 3PL market in the US. In addition, it discusses the major drivers that influence the growth of the market. It also summarizes the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.



    The report, 3PL Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.



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    Key vendors

    CH Robinson Worldwide

    Deutsche Post

    Expeditors International of Washington

    J.B. Hunt Transport

    Kuehne + Nagel International

    United Parcel Service

    UTi Worldwide



    Other prominent vendors

    Agility

    AN Deringer

    APL Logistics

    Arnold Logistics

    BAX Global

    BDP International

    BNSF Logistics

    Cardinal Logistics

    Cat Logistics

    CEVA Logistics

    Cornerstone Logistics

    Coyote Logistics

    CRST Logistics

    DB Schenker Logistics

    DSC Logistics

    Echo Global Logistics

    FedEx

    Genco

    Hub Group

    Kenco Logistics Services

    Kerry Logistics

    Landstar Logistics

    LeSaint Logistics

    Menlo Worldwide

    MIQ Logistics

    ModusLink Global Solutions

    NAL Logistics

    Neovia Logistics Services

    NFI

    Ozburn-Hessey Logistics

    Panalpina

    Penske Logistics

    Roadrunner Transportation Services

    Ryder System

    Saddle Creek Logistics Services

    Schneider Logistics

    Swift Dedicated

    TMSI Logistics

    Total Quality Logistics

    Transplace

    Unyson Logistics

    UTX Logistics

    Werner Enterprises Dedicated and Logistics

    XPO Logistics



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    Market driver

    Increase in cross border trade between US and Mexico



    Market challenge

    Shortage of skilled truck drivers



    Market trend

    Emergence of big data analytics in SCM



    Key questions answered in this report



    What will the market size be in 2019 and what will the growth rate be?

    What are the key market trends?

    What is driving this market?

    What are the challenges to market growth?

    Who are the key vendors in this market space?

    What are the market opportunities and threats faced by the key vendors?

    What are the strengths and weaknesses of the key vendors?



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