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Auteur : Jeremy Soland

A&A releases 3PL market report


Photo: A&A

According to a recently-released report by Armstrong & Associates (A&A) US third-party logistics net revenues rose by 1.8% to USD 131.5 billion in 2024, following a sharp 12.8% drop in 2023.

 

After a drop of 26.1% in 2023, gross revenues also grew by 2.8%, reaching USD 307.9 billion. Gains in the international transportation management segment — up by 7.9% — were driven by Red Sea disruptions and tariff fears.

 

Domestic transport management saw a slight decline of 0.7%. The estimates in A&A's report, entitled 'Working through the Uncertainty - Latest Third-Party Logistics Market Results and Outlook' are based on 2024's reported financial results by third-party logistics providers. (js)

 

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