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Report Published: "Third Party Logistics (3PL) Market in the US 2014-2018 "

New Transportation research report from TechNavio is now available from Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 07/24/2014 -- Third-party logistics, also known as 3PL, refers to companies outsourcing logistics and distribution to logistics solution providers called 3PL providers. A 3PL provider is a company to which shippers (customers who transport goods using 3PL services) outsource a part or all the SCM functions of their logistics services. A 3PL provider plays a significant part in handling customer logistics requirements and undertakes transportation, location tracking, and sometimes product consolidation activities. Thus, a 3PL provider typically specializes in transportation, warehousing, and integrated operation services that they customize according to their customers' needs. 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. 3PL improves the effectiveness of logistics by using new and innovative ways to manage SCM.

View Full Report Details and Table of Contents

TechNavio's analysts forecast the Third-party Logistics market in the US will grow at a CAGR of 4.98 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Third-party Logistics market in the US for the period 2014-2018. To calculate the market size, the report considers the net revenue generated by 3PL providers. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the Third-party Logistics 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, as well as the key trends that are emerging in the market.

TechNavio's report, the Third Party Logistics Market in US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The Third-party Logistics market in the US can be categorized on the basis of service area into the following segments: Domestic Transportation Management, International Transportation Management, Dedicated Contract Carriage, and Value-Added Warehousing and Distribution.

Key Vendors

- C.H. Robinson Worldwide Inc.
- Deutsche Post DHL
- Kuehne + Nagel International AG
- United Parcel Service Inc.
- UTi Worldwide Inc.

Other Prominent Vendors

- APL Logistics
- BDP International
- CEVA Logistics
- DB Schenker Logistics
- Expeditors International of Washington Inc.
- FedEx Supply Chain
- Hub Group
- J.B. Hunt
- Menlo Worldwide Logistics
- Neovia Logistics Services
- NFI
- Panalpina World Transport
- Ryder Supply Chain Solutions
- Schneider Logistics
- Werner Enterprises Dedicated & Logistic

Key Market Driver

- Cost Reduction Through Usage of 3PL Services
- For a full, detailed list, view our report.

Key Market Challenge

- Government Regulations
- For a full, detailed list, view our report.

Key Market Trend

- Increasing Number of Mergers and Acquisitions
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: C.H. Robinson Worldwide Inc., Deutsche Post DHL, Kuehne + Nagel International AG, United Parcel Service Inc., UTi Worldwide Inc., APL Logistics, BDP International, CEVALogistics, DB Schenker Logistics, Expeditors International of Washington Inc., FedEx Supply Chain, Hub Group, J.B. Hunt, Menlo Worldwide Logistics, Neovia Logistics Services,NFI, Panalpina World Transport, Ryder Supply Chain Solutions, Schneider Logistics, Werner Enterprises Dedicated & Logistic

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