North America Third Party Logistics Market Size- By Mode of Transport, By Services, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Third Party Logistics Market Size- By Mode of Transport, By Services, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Third Party Logistics Market Introduction and Overview

According to SPER Market Research, ‘North America Third Party Logistics Market Size- By Mode of Transport, By Services, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the North America Third Party Logistics Market is estimated to reach USD 518.59 billion by 2033 with a CAGR of 6.43%.

The term “third-party logistics” describes the practice of contracting out supply chain and logistics management to a professional service provider. These outside businesses handle a range of logistics-related tasks, including freight forwarding, order fulfilment, packaging, transportation, warehousing, and inventory control. Businesses may streamline their supply chain, cut expenses, and concentrate on their core competencies by utilising the knowledge and resources of third-party logistic providers.

The third-party logistics market in North America was significantly impacted by the COVID-19 epidemic, with both positive and bad outcomes. Logistics services became more and more important as a result of changes in customer behaviour and the expansion of e-commerce, especially for last-mile delivery and fulfilment. But the outbreak also put pressure on supply chains, leading to manpower shortages, lockdowns, and health and safety regulations that delayed shipment and warehousing.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Mode of Transport, By Services, By End User

Regions covered U.S., Canada, Mexico Rest of North America

Companies Covered

C.H. Robinson, Cma Cgm Sa, Db Schenker, Fedex Corporation, J.B. Hunt Transport Services, Inc, Kumho Petrochemical Co, Ltd, Maersk Logistics, Nippon Express Co, Ltd, Rhenus Group, Sinotrans Logistics Company, Tsrc Corporation.

North America Third Party Logistics Market Segmentation:

By Mode of Transport: Based on the Mode of Transport, North America Third Party Logistics Market is segmented as; Roadways, Railways, Waterways, Airways.

By Services: Based on the Services, North America Third Party Logistics Market is segmented as; Domestic Transportation Management(DTM), International Transportation Management(ITM), Dedicated Contract Carriage(DCC), Warehousing and Distribution(W&D), Value-Added Logistics Services(VALS).

By End User:Based on the End User, North America Third Party Logistics Market is segmented as; Manufacturing, Healthcare, Retailing, E-commerce, Automotive, Food and Groceries, Technological, Others.