+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Third-Party Logistics in the US - Industry Market Research Report

  • PDF Icon

    Report

  • 73 Pages
  • October 2023
  • Region: United States
  • IBISWorld
  • ID: 2311048

Overnight shipping: The continued growth of e-commerce will boost industry demand

Third-Party Logistics in the US

Operators in the Third-Party Logistics (3PL) industry provide outsourced logistics services, including warehousing, forwarding, packing, consulting, order fulfillment, brokerage and transportation documentation. 3PL operators also offer to integrate and customize their services for customers. In the past five years, industry revenue grew at a CAGR of 2.3% to $246.2 billion, including a 0.5% drop in 2023 alone, when profit decreased to 8.5%. The economic turmoil in 2020 due to the COVID-19 pandemic limited growth. The pandemic cut freight shipping rates as oil prices fell and in-person commerce and consumer spending dropped.

Third-party logistics (3PL) companies provide outsourced logistics services to clients. Operators typically provide integrated supply chain solutions which include, but are not limited to, warehousing, forwarding, packing, consulting, brokerage and transportation documentation. In particular, 3PL providers will tailor and incorporate their services into their customer’s supply chain based on the client’s needs. All revenue in this report is gross revenue.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • C.H. Robinson Worldwide, Inc.

Methodology

Loading
LOADING...