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

(USGovernment-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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