Trending Up: 3PL Market Predictions for 2014 and 2013 Results - KMPH FOX 26 | Central San Joaquin Valley News Source

Trending Up: 3PL Market Predictions for 2014 and 2013 Results

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Armstrong & Associates, Inc.

WEST ALLIS, Wis., July 10, 2014 /PRNewswire/ -- The U.S. 3PL market gross revenue grew 3.2% from 2012-2013. Armstrong & Associates, Inc. (A&A) www.3PLogistics.com estimates that growth will be 5.2% for 2014 as the U.S. economy continues to expand.

U.S. 3PL Market 1996-2014E (US$ Billions)

Net revenues are expected to increase by 4.3% from $64.6 billion in 2013 to $67.4 billion in 2014. Domestic Transportation Management (DTM) should increase 7.5%. Growth in DTM continues to be fed by the expansion of the base of customers using third-party logistics providers (3PLs). It is common now for customers with as little as $3 million in transportation spend to use at least one 3PL. Similarly, third-party logistics services provided are more systems-driven rather than just load-by-load transactions. Systems based "Enterprise Accounts" constitute a significant part of the business for all major domestic transportation managers.  

The complete report and other A&A market research can be found at:  http://www.3plogistics.com/shopsite/index.html.

ABOUT ARMSTRONG & ASSOCIATES, INC.
Armstrong & Associates, Inc. is a supply chain management market research and consulting firm specializing in strategic planning, logistics outsourcing, competitive benchmarking, mergers and acquisitions, 3PL service/cost benchmarking, and supply chain systems evaluation and selection. Armstrong & Associates publishes Who's Who in Logistics and Supply Chain Management – The Americas and Who's Who in Logistics and Supply Chain Management – International. Recent research papers include "Trends in 3PL/Customer Relationships," "3PL Brand Recognition, RFP Activity and Expected Profit Margins for 3PLs – 2013," "Mexico: Trucking, Railroads and Third-Party Logistics Market Report," and "The Business of Warehousing in North America – 2012 Market Size, Major 3PLs, Benchmarking Costs, Prices and Practices."

Photo - http://photos.prnewswire.com/prnh/20140710/126035

©2012 PR Newswire. All Rights Reserved.

  • Local NewsLocal NewsMore>>

  • Mexican President Faces Protest! People Want Marine Freed

    Mexican President Faces Protest! People Want Marine Freed

    Veterans and others sent a strong message to the President of Mexico visiting Sacramento.They want to get our U.S. Marine out of a mexican jail!More than a 150 people took the streets outside Sacramento's Leland Stanford Mansion, where Governor Jerry Brown hosted a luncheon honoring the leader to the south.Vietnam War veteran Dave Ramsey made the trip to Sacramento because he says President Enrique Peña Nieto needs to hear the people of America.Ramsey says, "Sgt. Andrew Tahmooressi served th...More >>
    Veterans and others sent a strong message to the President of Mexico visiting Sacramento.They want to get our U.S. Marine out of a mexican jail!More than a 150 people took the streets outside Sacramento's Leland Stanford Mansion, where Governor Jerry Brown hosted a luncheon honoring the leader to the south.Vietnam War veteran Dave Ramsey made the trip to Sacramento because he says President Enrique Peña Nieto needs to hear the people of America.Ramsey says, "Sgt. Andrew Tahmooressi served th...More >>
  • Farmworkers Protest Against Union

    Farmworkers Protest Against Union


    Workers from "Gerawan Farms" protested in Visalia saying their rights are being violated. The year–long fight is over whether the "United Farm Workers" should represent the workers.
    More >>

    Workers from "Gerawan Farms" protested in Visalia saying their rights are being violated. The year–long fight is over whether the "United Farm Workers" should represent the workers.
    More >>
  • Northern California Quake A Wake Up Call, Experts Say

    Northern California Quake A Wake Up Call, Experts Say

    Engineers in Sacramento say this weekend's earthquake is a wake up call. The quake could breach one of the levees or dams along the Sacramento River. Scientists are testing a model of what could happen after an earthquake.More >>
    Engineers in Sacramento say this weekend's earthquake is a wake up call. The quake could breach one of the levees or dams along the Sacramento River. Scientists are testing a model of what could happen after an earthquake.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.