Third-party logistics providers (3PL): Revenues still rising
Revenues for U.S.-based third-party logistics providers (3PLs) = passed the=20 $100 billion mark in 2007 for the third consecutive year, according to a = report=20 by Armstrong & Associates.
By Staff -- Modern Materials Handling, 6/1/2008
Revenues for U.S.-based third-party logistics providers (3PLs) passed =
the=20
$100 billion mark in 2007 for the third consecutive year, according to a =
report=20
by Armstrong & Associates ( U.S. 3PL revenues were $122 billion, up 7.4% from the $113.6 billion =
the=20
industry earned in 2006. That growth, notes the report, is more than =
three times=20
the growth in U.S. gross domestic product. The fastest growing segment of the 3PL market is international =
transportation=20
management, which grew 9.5%. The value-added warehousing and =
distribution=20
segment of the market grew 7.7%. Armstrong predicts U.S. 3PL revenues will exceed $150 billion by=20
2010.
=A9 2008, Reed Business Information, a division of Reed Elsevier Inc. = All=20 Rights Reserved.
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