The third party logistics (3PL) market, defined here as non-asset based transportation, warehousing, and integrated supply chain services, has grown consistently in the third quarter of 2014. The growth was due to the performance of suppliers in the contract logistics segment across geographies, especially the EMEA region. The contract logistics market performed particularly well with a year-over-year 5.9 percent rate of growth.
Categories of 3PLs
The scope of coverage includes non-asset based transportation, and warehousing services (called contract logistics in Europe):
- Non-asset based domestic transportation services (brokerage/domestic freight forwarding and managed transportation services)
- Non-asset based international transportation services (freight for-warding, customs services)
- Warehousing services (warehousing and associated services, such as packaging, light assembly, sequencing goods for a factory line)
Revenues from asset-based transportation moves (truckload, less than truckload, parcel/express, rail, ocean, air, etc.) are outside this report's scope. The analysis is based on revenues reported by public companies on a quarterly basis that break out their revenues in the segments mentioned above. If both asset- and non-asset-based moves are reported in the same category and more than half of revenues come from non-asset based moves, we have included these revenues.
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Keywords: 3PLs (third-party logistics), Contract Logistics, Non-Asset Based Domes-tic, and Non-Asset based International, Freight Forwarding, ARC Advisory Group.