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Third-Party Logistics (3PL) Market Share

  • Report ID: GMI132
  • Published Date: Nov 2022
  • Report Format: PDF

Third-Party Logistics Market Share

Top manufacturers operating in the third-party logistics market are

  • AmeriCold Logistics LLC
  • BDP International
  • Burris Logistics
  • C.H. Robinson Worldwide
  • DB Schenker Logistics
  • DHL Supply Chain
  • DSV A/S (UTi Worldwide, Inc.)
  • Echo Global Logistics
  • Expeditors International of Washington
  • FedEx
  • GEODIS
  • J. B. Hunt
  • Kintetsu World Express, Inc.
  • Kuehne + Nagel International AG
  • Landstar System, Inc.
  • Nippon Express Co., Ltd
  • Penske Logistics, Inc.
  • Ryder Supply Chain Solutions
  • Schneider National, Inc.
  • SinoTrans (HK) Logistics Limited
  • Total Quality Logistics, Inc.
  • Transplace Texas LP (Uber Freight)
  • UPS Supply Chain Solutions
  • XPO Logistics, Inc.

These leaders are signing strategic agreements to expand their business operations and reinforce their market position.
 

Citing an instance, in October 2022, Cromwell Tools inked a major freight distribution agreement with XPO logistics. The company will utilize XPO to transport goods from its 40 locations, collect from suppliers, and move goods between satellite sites. Strategic deals such as these from other industry participants will further stimulate the growth of the 3PL industry over the forthcoming years.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of 3PL crossed USD 1 Trillion in 2022 and is anticipated to exhibit over 5% CAGR between 2023-2032, due to the growing global e-commerce sector.

Third-party logistics market share from the dedicated contract carriage (DCC) solution segment is expected to register more than 5% gains through 2032, on account of rising demand for efficient fleets.

Asia Pacific 3PL industry is projected to record nearly 10% growth rate from 2023-2032 owing to the rapid expansion of the e-commerce sector and increased demand for 3PL services.

AmeriCold Logistics LLC, BDP International, Burris Logistics, C.H. Robinson Worldwide, DB Schenker Logistics, and DHL Supply Chain are some of the major companies operating in the industry.

Third-Party Logistics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 388
  • Countries covered: 26
  • Pages: 327
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