2014/15 Top 50 Global & Domestic U.S. Third-Party Logistics Providers
In the wake of the recent acquisition of Norbert Dentressangle by XPO Logistics, the logistics community is bracing for even more major consolidation deals, and the third-party logistics provider (3PL) community is loving it, especially as their margins continue to widen – particularly throughout North America.
According to the latest figures compiled by the third-party logistics consultancy Armstrong & Associates, major domestic 3PL players posted double-digit growth in 2014, with more of the same in this year’s forecast.
In the meantime, analysts at research giant Gartner have published their annual Magic Quadrant report that provides market intelligence on its premier list of lead logistics providers.
All in all, it appears to be a good time to be a third-party logistics provider – and according to both Armstrong and Gartner, it looks like the party is going to keep roaring along.
For example, thanks to its prominence in the Asia Pacific region, DHL Supply Chain and Global Forwarding reported gross logistics revenue earnings of more than $32 billon last year – more than a billon over 2013 numbers. The company’s concentration on controlled-atmosphere shipping in the Americas also contributed to record profits.
On the domestic side, it was all C.H. Robinson Worldwide, which garnered slightly less than $14 billon in gross logistics revenue last year.
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