Third-party Logistics Market Is Booming Across The Globe Explored In Latest Research With Top Key Players AmeriCold Logistics LLC, BDP International, Burris Logistics

Third party logistics (TPL or 3PL), is a service provider outsourced by a company in a supply chain management or logistic. Increasing globalization for trade offers manufacturing companies with a worldwide networking platform. Companies majorly focus on keeping up with their productivity, and thus rely on third party logistics to suffice their transportation and packaging. This in turn, has driven growth of the market for third part logistics. Growing e-commerce industry is one of the major drivers for growth of the global third party logistics market.

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Key players operating in the third party logistics market include AmeriCold Logistics LLC, BDP International, Burris Logistics, C.H. Robinson Worldwide, CEVA Logistics, DB Schenker Logistics, DHL Supply Chain, FedEx, GEODIS, J. B. Hunt, Kintetsu World Express, Inc., Landstar System, Inc., Nippon Express Co., Ltd, Panalpina World Transport Ltd., Ryder Supply Chain Solutions, Schneider National, Inc., SinoTrans (HK) Logistics Limited, Total Quality Logistics, Inc., Transplace Texas LP, Unyson Logistics, Inc., UPS Supply Chain Solutions, and XPO Logistics, Inc.

What are all the companies currently described in the report?
The report contains the main players currently on this market.
(**The list of companies mentioned may vary in the final report subject to change of name / merger, etc.)

Third Party Logistics Market Taxonomy
1. On the basis of service type:
-Dedicated Contract Carriage
-Domestic transportation management
-International transportation management
-Warehouse & distribution management
-IT service and logistics software

2. On the basis of mode of transportation:
-Waterways
-Airways
-Railways
-Roadways

3. On the basis of end users:
-Manufacturing
-Retail
-Healthcare
-Automotive
-Others

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Increasing disposable income and rising investment by e-commerce leaders and increasing internet penetration are leading to the rapid growth of the e-commerce industry in emerging economies such as India and China. This, in turn, is expected to boost growth of the market for third party logistics in the Asia Pacific. North America also holds a largest share of the third party logistics market, owing to increasing demand for TPL in the automotive and ecommerce sectors. The U.S. and Canada are the major growth engines for the market in the region. Rising demand for low cost services and rapid delivery services is also responsible for fueling the third party logistics market, in the U.S.

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