Armstrong & Associates, a supply chain market research and consulting group, recently released its 2012 3PL Market Analysis and 2013 Predictions Report. According to the report, gross revenues in the domestic Third Party Logistics market increased 6% over the course of 2012; specifically, 3PL revenues rose to $141.8 billion, up from $133.8 billion in 2011. The U.S. gross domestic product (GDP) paralleled this increase, in what is referred to as a “slow dance” by the report. Furthermore, Armstrong & Associates predict that this slow, steady 3PL revenue growth will continue through 2013, with another 4-6% increase over 2012 numbers.
Some specific facts and figures:
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