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Ryder, TQL, and C.H. Robinson rank in the top ten. Find out what other companies made it to the top fifty 3PL providers by revenue, as compiled by Armstrong & Associates, Inc.
2023 was a rollercoaster for third-party logistics (3PL) providers. Rates tanked, fuel prices soared, and finding talent became a nightmare. Warehouse space? Tight. Regulations? Increased. And disruptions? Frequent. Shippers were all about cutting costs and managing inventories better.
Key Challenges:
Despite the challenges, here is the list of top-performing U.S. 3PL providers by revenue. This list comes from the leading 3PL consulting and research company Armstrong & Associates, Inc.
You can view the full top 50 list here.
*Revenues cover all four 3PL segments (DTM, ITM, DCC, and VAWD), are company-reported or A&A estimates, and have been converted to USD using the annual average exchange rate. **Revenue shown is that of Amazon’s Third-Party Seller Services business segment, including its 3PL operations as well as commissions and any related fulfillment and shipping fees, and other third-party seller services. Based on its 3PL warehousing footprint and e-commerce fulfillment focus, Armstrong & Associates estimates most of this segment’s revenue is from 3PL services. Copyright © 2024 Armstrong & Associates, Inc.
Sources: Armstrong & Associates/SupplyChain247
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