
Third-Party Logistics in the US - Industry Market Research Report
Description
Third-Party Logistics in the US
Operators in the Third-Party Logistics (3PL) industry provide outsourced logistics services, including warehousing, forwarding, packing, consulting, order fulfillment, brokerage and transportation documentation. 3PL operators also offer to integrate and customize their services for customers. In the past five years, industry revenue grew at a CAGR of 2.3% to $246.2 billion, including a 0.5% drop in 2023 alone, when profit decreased to 8.5%. The economic turmoil in 2020 due to the COVID-19 pandemic limited growth. The pandemic cut freight shipping rates as oil prices fell and in-person commerce and consumer spending dropped.
Third-party logistics (3PL) companies provide outsourced logistics services to clients. Operators typically provide integrated supply chain solutions which include, but are not limited to, warehousing, forwarding, packing, consulting, brokerage and transportation documentation. In particular, 3PL providers will tailor and incorporate their services into their customer’s supply chain based on the client’s needs. All revenue in this report is gross revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Operators in the Third-Party Logistics (3PL) industry provide outsourced logistics services, including warehousing, forwarding, packing, consulting, order fulfillment, brokerage and transportation documentation. 3PL operators also offer to integrate and customize their services for customers. In the past five years, industry revenue grew at a CAGR of 2.3% to $246.2 billion, including a 0.5% drop in 2023 alone, when profit decreased to 8.5%. The economic turmoil in 2020 due to the COVID-19 pandemic limited growth. The pandemic cut freight shipping rates as oil prices fell and in-person commerce and consumer spending dropped.
Third-party logistics (3PL) companies provide outsourced logistics services to clients. Operators typically provide integrated supply chain solutions which include, but are not limited to, warehousing, forwarding, packing, consulting, brokerage and transportation documentation. In particular, 3PL providers will tailor and incorporate their services into their customer’s supply chain based on the client’s needs. All revenue in this report is gross revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
46 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.