The analysts forecast 3PL market in US to grow at a CAGR of 5.37 percent over the period 2014-2019.
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.
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.
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.
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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