Third-Party Logistics (3PL) Market in the US to grow at a CAGR of 3.29% during 2016-2020 - New innovative SCM techniques to improve service quality in the 3PL market

3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics functions such as transportation and warehousing. 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 across the globe. There are currently new and innovative supply chain management techniques to improve overall service quality in the 3PL market.

The 3PL market in the US to grow at a CAGR of 3.29% during the period 2016-2020. The report covers the present scenario and the growth prospects of the 3PL market in the US for 2016-2020. To calculate the market size, the report considers net revenue generated by 3PL service providers.

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The market is divided into the following segments based on service area:
- Domestic transportation management (DTM)
- International transportation management (ITM)
- Dedicated contract carriage (DCC)
- Verified accredited wholesale distributors (AWD)

Technavio's report, 3PL Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- C.H. Robinson
- Deutsche Post DHL
- Expeditors
- J B Hunt
- Kuehne + Nagel
- UPS
- UTi Worldwide

Other prominent vendors
- A.N. Deringer
- Agility
- APL Logistics
- Arnold Logistics
- BAX Global
- BDP International
- BNSF Logistics

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The report package provides answers to the following key questions:-

- What will the market size be in 2020 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?

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