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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.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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