3PL market in US to grow at a CAGR of 5.37 percent over the period 2014-2019

"3PL Market in the US 2015-2019" The Report covers current Market Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

About 3PL

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.

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Technavio's analysts forecast the 3PL 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.

Technavio's 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

Market driver

• Increase in cross border trade between US and Mexico
• For a full, detailed list, view our report

Market challenge

• Shortage of skilled truck drivers
• For a full, detailed list, view our report

Market trend

• Emergence of big data analytics in SCM
• For a full, detailed list, view our report

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?