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3PL Market in US 2016 to Grow at a CAGR of 3.29% During the Period to 2020

3PL Market in US Market 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store


Deerfield Beach, FL -- (SBWIRE) -- 02/11/2016 -- 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.

3PL market in 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.

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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)

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
- UTi Worldwide

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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
- 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
- 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