3PL outlook – rising revenue, customer demands
Buoyed by the growth in domestic transportation management, the overall US market for third-party logistics is expected to have grown 5.1 percent in 2017. Leading the way, according to Evan Armstrong, president of logistics consulting company Armstrong & Associates, are domestic managed-transportation companies such as Penske, Ryder, Transplace and freight brokerage firms such as C.H. Robinson and Coyote Logistics, which, when all business is tabulated, are expected to show growth in net revenue of 9.1 percent, up from 7 percent growth a year earlier.
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