After a year of modest growth in 2024, third-party logistics providers are facing uncertainty for the future with volatile economic conditions expected to persist.
April 10, 2025Government, Business, Technology, Logistics, Top 100
A Time of Uncertainty for Logistics Providers
Business, Technology, Equipment, Logistics, Top 100
A Year to Forget for Third-Party Logistics Providers
2023 was a generally downtrodden year for 3PLs, with plummeting transportation rates and shippers focused on right-sizing inventories and reducing logistics costs.
April 12, 2024Business, Technology, Equipment, Logistics, Top 100
A Year of Transition for 3PLs
Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.
April 21, 2023Business, Logistics
High Demand Drives 3PLs to Best Growth Year on Record
Strong consumer demand, continued supply chain bottlenecks and tight carrier capacity sent air, ground and ocean transportation rates soaring to historic levels in 2021 as shippers leaned on third-party logistics providers to bolster inventories and avoid product stockouts.
April 8, 2022Business, Technology, Logistics, Top 50
Pandemic Upends Logistics Market
The COVID-19 outbreak created a volatile U.S. third-party logistics market in 2020, which presented growth opportunities for 3PLs with strong carrier management, e-commerce and airfreight forwarding capabilities, while other 3PLs did not fare as well.
April 3, 2021Business, Logistics, Top 50
After Mixed Financial Results in 2019, 3PLs Face Coronavirus Headwinds
Coming off an extraordinary growth market in 2018, third-party logistics companies operating in the United States experienced a more mixed year in 2019.
March 19, 2020Business, Logistics, Top 50
2018 Was a Year of Extraordinary Growth for 3PLs
The two main drivers of growth for logistics companies in 2018 were an inventory buildup to beat tariffs and solid expansion in the domestic economy.
April 8, 2019