摘要: |
As Logistics Management has been tracking over the past 18 months, the challenges presented by the pandemic has found domestic and global shippers leaning more heavily on their third-party logistics (3PL) providers. And not surprisingly, the 3PL market has witnessed impressive growth as a result. As contributing editor Karen Thuermer recently reported, the U.S. 3PL market gross revenues grew 8.8% in 2020, bringing the total U.S. market to $231.5 billion, according to estimates by 3PL analyst firm Armstrong & Associates Inc."The Armstrong team found that the majority of that growth came from international and domestic transportation management, which responded to pandemic-related demands and the need to restock inventories as the economy began to re-open," says Thuermer. "And this momentum is not about to slow down any time soon."In fact, Armstrong is projecting that revenue for 3PLs will stay strong throughout 2021, particularly in the domestic transportation management and freight brokerage sectors. The firm is currently estimating 20% growth by year's end over 2020, and expects the overall 3 PL market to continue to see double-digit growth over the next year. |