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Trending Up: 3PL Market Predictions for 2014 and 2013 Results

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  • Extreme Sports Opens Its Doors In The Meadowbrook Mall

    Extreme Sports Opens Its Doors In The Meadowbrook Mall

    Friday, August 1 2014 11:44 PM EDT2014-08-02 03:44:28 GMT
    Extreme Sports opened its doors to the public Friday in the Meadowbrook Mall offering many unique sporting items.
    Extreme Sports opened its doors to the public Friday in the Meadowbrook Mall offering many unique sporting items.
  • State Police and WVU Give Students a Look at Crime Scene Investigations

    State Police and WVU Give Students a Look at Crime Scene Investigations

    Friday, August 1 2014 7:57 PM EDT2014-08-01 23:57:06 GMT
    The West Virginia State Police took it's mobile forensic center to the WVU campus for future crime scene investigators to check out.Middle school and high school students from all over went to the university to learn several different methods for crime scene investigating.
    The West Virginia State Police took it's mobile forensic center to the WVU campus for future crime scene investigators to check out.Middle school and high school students from all over went to the university to learn several different methods for crime scene investigating.
  • Mountaineer Mall Area Robotics Hosts First FRC Competition in West Virginia

    Mountaineer Mall Area Robotics Hosts First FRC Competition in West Virginia

    Friday, August 1 2014 7:56 PM EDT2014-08-01 23:56:21 GMT
    It was the first of it's kind. The state of West Virginia has never hosted a First Robotics Competition until now. Twenty four teams, from 13 states and 2 countries, competed for the top spot at the WVU Recreation Center."The practice matches we did were the first FRC matches ever done in West Virginia," said Autumn Baker, a Mountaineer Area RoboticS team member. "That feels really good that we can sort of pioneer this type of event."Mountaineer Area Robotics (MARS) put together the event tha...
    It was the first of it's kind. The state of West Virginia has never hosted a First Robotics Competition until now. Twenty four teams, from 13 states and 2 countries, competed for the top spot at the WVU Recreation Center."The practice matches we did were the first FRC matches ever done in West Virginia," said Autumn Baker, a Mountaineer Area RoboticS team member. "That feels really good that we can sort of pioneer this type of event."Mountaineer Area Robotics (MARS) put together the event tha...

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SOURCE Armstrong & Associates, Inc.

WEST ALLIS, Wis., July 10, 2014 /PRNewswire/ -- The U.S. 3PL market gross revenue grew 3.2% from 2012-2013. Armstrong & Associates, Inc. (A&A) www.3PLogistics.com estimates that growth will be 5.2% for 2014 as the U.S. economy continues to expand.

U.S. 3PL Market 1996-2014E (US$ Billions)

Net revenues are expected to increase by 4.3% from $64.6 billion in 2013 to $67.4 billion in 2014. Domestic Transportation Management (DTM) should increase 7.5%. Growth in DTM continues to be fed by the expansion of the base of customers using third-party logistics providers (3PLs). It is common now for customers with as little as $3 million in transportation spend to use at least one 3PL. 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 major domestic transportation managers.  

The complete report and other A&A market research can be found at:  http://www.3plogistics.com/shopsite/index.html.

ABOUT ARMSTRONG & ASSOCIATES, INC.
Armstrong & Associates, Inc. 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 systems evaluation and selection. Armstrong & Associates publishes Who's Who in Logistics and Supply Chain Management – The Americas and Who's Who in Logistics and Supply Chain Management – International. Recent research papers include "Trends in 3PL/Customer Relationships," "3PL Brand Recognition, RFP Activity and Expected Profit Margins for 3PLs – 2013," "Mexico: Trucking, Railroads and Third-Party Logistics Market Report," and "The Business of Warehousing in North America – 2012 Market Size, Major 3PLs, Benchmarking Costs, Prices and Practices."

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