Published on : Mar 28, 2016
Albany, New York, March 28, 2016: ResearchMoz.us announces the addition of a new report, titled “3PL Market in the US 2016-2020.” This 89-page research publication presents the current scenario of the third-party logistics (3PL) market in the US and the growth prospects of the same for the period starting from 2016 to 2020. The net revenue generated by 3PL service providers has been considered while calculating the size of the US market. According to the report, the 3PL market in the US is anticipated to expand at a 3.29% CAGR from 2016 to 2020.
Third-party logistics or 3PL refers to a business process that allows companies to outsource functions related to distribution and logistics to a service provider that focuses solely on handling similar logistics functions as transportation and warehousing. Several 3PL providers often go beyond logistics functions and offer value-added services such as packaging of products, door-to-door delivery, cross-docking, and inventory management. Operational and strategic techniques are also provided to shippers across the globe. With the aim of improving the overall service quality of third-party logistics, companies have been developing innovative supply chain management techniques.
The report on the 3PL market in the US has been compiled based on inputs from industry experts and a comprehensive market analysis. It addresses some of the most fundamental queries clients have pertaining to the key market trends, the challenges to market growth, the factors driving the market, the opportunities and threats faced by the vendors, and the strengths and weaknesses of the prominent players within the 3PL market.
The US 3PL market has been segmented on the basis of service area into international transportation management (ITM), domestic transportation management (DTM), verified accredited wholesale distributors (AWD), and dedicated contract carriage (DCC).
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The report carefully examines the vendor landscape of the 3PL market in the US. Its expansive vendor landscape, makes this market so interesting and competitive. There are several small and large players operating in the 3PL market in the US and the report identifies and profiles them based on revenue, business segmentation, and geographical segmentation for 2013 and 2014. The players discussed in the report are UPS, Kuehne + Nagel, C.H. Robinson, UTi Worldwide, J B Hunt, Deutsche Post DHL, and Expeditors.
Apart from these, the report also highlights some of the other participants in the US 3PL market. These include BNSF Logistics, FedEx, BDP International, Coyote Logistics, TMSI Logistics, Ozburn-Hessey Logistics, CRST Logistics, Swift Dedicated, APL Logistics, Penske Logistics, Total Quality Logistics, Hub Group, Cardinal Logistics, LeSaint Logistics, Panalpina, XPO Logistics, Agility, Transplace, Genco, Kerry Logistics, Unyson Logistics, UTX Logistics, Schneider Logistics, DSC Logistics, Cat Logistics, CEVA Logistics, Menlo Worldwide, Ryder System, Landstar Logistics, BAX Global, Echo Global Logistics, DB Schenker Logistics, Saddle Creek Logistics Services, Neovia Logistics Services, A.N. Deringer, NAL Logistics, MIQ Logistics, Kenco Logistics Services, Roadrunner Transportation Services, Cornerstone Logistics, Arnold Logistics, NFI, ModusLink Global Solutions, and Werner Enterprises Dedicated and Logistics.
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