Third-Party Logistics (3PL) market in the US to grow at a CAGR of 3.29% during the period 2016-2020
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  • Third-Party Logistics (3PL) market in the US to grow at a CAGR of 3.29% during the period 2016-2020

    (Transportation-News.com, March 19, 2016 ) About 3PL Market in the US

    3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics functions such as transportation and warehousing. 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 across the globe. There are currently new and innovative supply chain management techniques to improve overall service quality in the 3PL market.

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    Analysts forecast the 3PL Market in the US to grow at a CAGR of 3.29% during the period 2016-2020.
    Covered in this report

    The report covers the present scenario and the growth prospects of the 3PL market in the US for 2016-2020. To calculate the market size, the report considers net revenue generated by 3PL service providers.

    The market is divided into the following segments based on service area:Domestic transportation management (DTM)
    International transportation management (ITM)
    Dedicated contract carriage (DCC)
    Verified accredited wholesale distributors (AWD)


    Report, 3PL Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    Key vendors

    C.H. Robinson
    Deutsche Post DHL
    Expeditors
    J B Hunt
    Kuehne + Nagel
    UPS
    UTi Worldwide

    Other prominent vendors

    A.N. Deringer
    Agility
    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

    Market driver

    Cost-effectiveness of 3PL services
    For a full, detailed list, view our report

    Market challenge

    Low adoption of technologically advanced equipment by 3PL providers
    For a full, detailed list, view our report

    Market trend

    Increase in M&A
    For a full, detailed list, view our report

    Key questions answered in this report

    What will the market size be in 2020 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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