Third-party logistics (3PL) showed a 3.2% growth in gross revenues in 2013 compared to a year earlier, according to a report issued earlier this month the consulting firm of Armstrong & Associates. And analysts predicted that growth will be 5.2% for 2014 as the US economy continues to show improvement<\/p>\n
A third-party logistics provider is a company that provides service to its customers of outsourced — or “third party” — logistics services for part, or all of their supply chain management functions.<\/p>\n
This year, net revenues are expected to increase by 4.3% from $64.6 billion in 2013 to $67.4 billion, according to an A&A news release<\/a>.<\/p>\n Domestic Transportation Management (DTM) will increase 7.5%, the analysts predicted. Growth inDT continues to be fed by the expansion of the base of customers using 3PLs.<\/p>\n “It is common now for customers with as little as $3 million in transportation spend to use at least one 3PL,” the report stated. “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 \u00a0major domestic transportation managers.”<\/p>\n A&A 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 system evaluation and selection. It is based in West Allis, Wisconsin, a suburb of Milwaukee.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Third-party logistics (3PL) showed a 3.2% growth in gross revenues in 2013 compared to a year earlier, according to a report issued earlier this month the consulting firm of Armstrong & Associates. And analysts predicted that growth will be 5.2% for 2014 as the US economy continues to show improvement A third-party logistics provider is … Read more<\/a><\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,293],"tags":[1079],"class_list":["post-6615","post","type-post","status-publish","format-standard","hentry","category-material-handling","category-news","tag-material-handling"],"_links":{"self":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/comments?post=6615"}],"version-history":[{"count":1,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6615\/revisions"}],"predecessor-version":[{"id":12559,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6615\/revisions\/12559"}],"wp:attachment":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/media?parent=6615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/categories?post=6615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/tags?post=6615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}