Boston, MA -- (SBWIRE) -- 09/22/2014 -- 3PL is the outsourcing of logistics and distribution activities by companies to logistics solution providers known as 3PL providers. A 3PL provider is a company to which shippers (customers that transport goods using 3PL services) outsource a part or all the supply chain management (SCM) functions of their logistics services. A 3PL provider plays a significant part in handling customer logistics requirements and performs transportation, location tracking, and sometimes product consolidation activities. Thus, 3PL providers typically specialize in transportation, warehousing, and integrated operation services which 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 the packaging of products. They also provide strategic and operational value to many shippers worldwide. Currently, 3PL improves logistics effectiveness by introducing new and innovative ways to manage SCM.

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TechNavio's analysts forecast the 3PL market in Europe to grow at a CAGR of 2.46 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the 3PL market in Europe for the period 2014-2018. To calculate the market size, this report considers revenue generated by 3PL providers. In terms of country, the 3PL market in Europe can be segmented into the following: France, Germany, Italy, Spain, UK, and the rest of Europe.

TechNavio's report, the 3PL Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes the landscape of the 3PL market in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

- CEVA Logistics
- DB Schenker Logistics
- Deutsche Post DHL
- Kuehne + Nagel International
- Panalpina World Transport

Other Prominent Vendors

- Agility
- APL Logistics
- BDP International
- Damco
- Expeditors International
- FedEx Supply Chain
- Hub Group
- JB Hunt
- Menlo Worldwide Logistics
- Neovia Logistics Services
- NFI
- Ryder
- Schneider Logistics
- Werner Enterprises Dedicated and Logistics

Market Driver

- European Union and Government Initiatives in Development of Logistics Infrastructure
- For a full, detailed list, view our report

Market Challenge

- Impact of Eurozone Crisis
- For a full, detailed list, view our report

Market Trend

- Value-added Services Offered by Vendors
- 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?

Companies Mentioned in this Report: CEVA Logistics, DB Schenker Logistics, Deutsche Post DHL, Kuehne + Nagel International, Panalpina World Transport, Agility, APL Logistics, BDP International, Damco, Expeditors International, FedEx Supply Chain, Hub Group, JB Hunt, MenloWorldwide Logistics, Neovia Logistics Services, NFI, Ryder, Schneider Logistics, Werner Enterprises Dedicated and Logistics

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