The global Third Party Logistics (3PL) market is expected to reach USD 1.24 trillion by 2025. The increasing outsourced-logistics functions availed by middle market companies to address their logistics challenges, are expected to positively impact the industry growth.
The domestic and global markets for outsourced-logistics services are continuously evolving toward advanced services and cloud-based technologies. The diligence related to logistics costs has led to an increased focus on the key concerns such as supply chain sustainability and security. Lowering of inventory costs is becoming a norm in the automotive and retail sectors, which is providing ample growth opportunities for 3PL providers.
Third party logistics providers are strengthening their relationships with freight providers to optimize their supply chain capabilities. They are also investing in contemporary IT solutions, commercial offerings, cloud-based solutions, and proprietary innovations to create a leading-edge approach. Though the economic conditions are varying across countries, significant improvements are visible in the key regions of Asia Pacific and North America.
- Company Profiles
- AmeriCold Logistics, LLC
- BDP International
- Burris Logistics
- C.H. Robinson Worldwide (CHRW) Inc.
- CEVA Logistics
- DB SCHENKER Logistics
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Third Party Logistics (3PL) Industry Outlook
4 Third Party Logistics (3PL): Service Estimates & Trend Analysis
5 Third Party Logistics (3PL): Transport Estimates & Trend Analysis
6 Third Party Logistics (3PL): End-Use Estimates & Trend Analysis
7 Third Party Logistics (3PL): Regional Estimates & Trend Analysis
8 Competitive Landscape
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