Top 50 3PLs

Top 50 3PLs

Buoyed by the growth of the US domestic transportation management, the revenue of the 50 largest logistics companies increased 10.3 percent to $253 billion in 2017, according to Pittsburgh-based reseach and consulting firm SJ Consultng — good for a 10.2 percent growth rate. Further given the streghening global economy in late 2017/early 2018, analysts expect 2018 to be another year of substantial growth.

Buzz word / key phrase for 2018: "Adapt or else." 

Beyond that, the buzz words / key phrase for the sector is, “Adapt or else.” Consulting firm and anayst Armstrong & Associates noted that the rapid expansion of e-commerce will continue in 2018, as will the focus on supply chain visibility. Also, complete, integrated services are becoming paramount fo 3PLs, which are working to establish visibility in into all locations. “Simultaneously, from the customer side there’s is a need to be timely. They are placing much more emphasis on proper timing,” Armstrong said, as is integrating all services so that customers have one contact person. That’s the future, Armstrong noted.

Top 50 3PLs 2018 Ranking

Top 50 3PLs 2017 Ranking

Special Coverage

Amazon ranks #1 in top 50 global 3PLs
Although the e-commerce giant doesn't describe itself as a third-party logistics provider (3PL), Amazon has surpassed major global players such as DHL and Kuehne + Nagel in 3PL revenue.

News & Analysis

18 Sep 2019
The acquisition of two Van Soest Coldstores facilities complements Lineage’s existing network of refrigerated sites across Belgium, the Netherlands, and the UK.
16 Sep 2019
Chicago-based Forager last week became the latest logistics technology startup to take aim at the increasingly complex US cross-border trucking market.
12 Sep 2019
Schneider National says it’s not worried about Amazon purchasing branded 53-foot containers because the intermodal provider believes only a small group of companies have the scale to insource.
11 Sep 2019
The Cass Truckload Linehaul Index has gone negative for the first time since March 2017, a signal that in addition to spot rates, contract rates are starting to suffer as well; intermodal prices are also expected to go negative in October.
04 Sep 2019
Union Pacific Railroad has dropped its plan to levy fines against trucking companies for canceling or missing ingate reservations to enter intermodal ramps in California, Oregon, and Washington.
29 Aug 2019
J.B. Hunt has informed shippers it will assess peak season surcharges on excess freight out of California and Washington state even though volumes are much weaker than a year ago.

Commentary

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