Join us as Danielle Chaffin, Sales Solutions Engineer at Revenova, shares her journey into logistics, discusses her approach to social media and talks about the importance of carrier advocacy.
Did C.H. Robinson just cut 50% of its sales team? Plus, discover the top five countries driving US load board traffic, learn about the $200M proposal for truck parking, and more.
U.S. House bill includes $200 million for truck parking expansion.
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
Only 49% of shippers are satisfied with 3PL IT capabilities. Good news: 63% are open to working with smaller, specialized, or regional 3PLs.
Amazon leads the 2024 Top 100 Logistics Companies with $140 billion in revenue. Industry sees major shifts with mergers, acquisitions, and closures.
Sheer Logistics acquires CargoBarn to enhance 4PL services and expand its freight brokerage offerings.
Unpaid bills can stem from a variety of scenarios: scams involving fraudulent loads, instances of double-brokering and more. Each scenario presents its own set of challenges, requiring brokers to adapt and employ different strategies for resolution.
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