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Third-Party Logistics (3PL) Market in US to Grow by USD 132.3 Billion (2025-2029), Driven by Rising Cross-Border Trade, with Market Evolution Powered by AI – Technavio

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NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The Third-party logistics (3PL) market in US  size is estimated to grow by USD 132.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 8.2%  during the forecast period. Increasing cross-border trade is driving market growth, with a trend towards emergence of blockchain and rfid in logistics. However, high impact of trade war  poses a challenge. Key market players include Americold Realty Trust Inc., Blu Logistics, Burris Logistics Co., C H Robinson Worldwide Inc., Crete Carrier Corp., Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Kenco Group Inc., Kuehne Nagel Management AG, M and W Logistics Group Inc., NFI Industries Inc., Ryder System Inc., Taylor Logistics Inc., Total Quality Logistics LLC, United Parcel Service Inc., Wagner Logistics Inc., and XPO Inc..

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2022

Segment Covered

End-user (Retail, Manufacturing, Automotive, Food and beverages, and Others), Service (Transportation, Warehousing and distribution, and Others), and Geography (North America)

Region Covered

US

Key companies profiled

Americold Realty Trust Inc., Blu Logistics, Burris Logistics Co., C H Robinson Worldwide Inc., Crete Carrier Corp., Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Kenco Group Inc., Kuehne Nagel Management AG, M and W Logistics Group Inc., NFI Industries Inc., Ryder System Inc., Taylor Logistics Inc., Total Quality Logistics LLC, United Parcel Service Inc., Wagner Logistics Inc., and XPO Inc.

Key Market Trends Fueling Growth

Blockchain technology is a significant trend among Third-Party Logistics (3PL) providers in the US. Many providers are investing in technologies like radio-frequency identification (RFID), blockchain, and real-time location systems (RTLS) for logistics services. Blockchain increases supply chain visibility and enables effective product tracking. Each block stores records of stakeholders and product details, enhancing security with validation from every network participant. FexEX joined the Blockchain in Transportation Alliance (BiTA) and Hyperledger to develop blockchain solutions. RFID technologies have gained popularity among leading 3PL companies, such as MegaTrux Inc., offering RFID-based tracking and asset management. RTLS detects vehicle locations, identifying transportation bottlenecks and reducing operational costs. This trend is expected to increase 3PL demand in the automotive industry due to cost savings. 

The Third-Party Logistics (3PL) market in the US is thriving, with key industries like Aerospace, Consumer and Retail, Energy, Healthcare, Manufacturing, and Transportation sector driving growth. The Shipping industry and Cross-border trade are also significant contributors. Digital transformation and the E-commerce sector’s are major trends, with 3PLs providing software solutions for inventory management, cross-docking, and door-to-door delivery. Retailers and e-commerce merchants rely on 3PL companies for warehousing space and logistics infrastructure. Airfreight and air cargo are essential for time-sensitive goods, while railways, roadways, waterways, and airways ensure efficient transportation. Dedicated contract carriage and warehousing and transportation solutions cater to the Technological, Retailing, Elements, and Online retailing industries. IT solutions, including warehouse management systems, Electronic Data Interchange, cloud computing, real-time monitoring, and tracking capabilities, enhance operational efficiency. Rare earth elements and metals are transported via 3PLs in the manufacturing sector. 

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Market Challenges

Trade wars between countries can significantly impact the third-party logistics (3PL) market in the US. When governments restrict imports or raise tariffs, international trade is affected, leading to a decrease in the transportation of goods. For instance, in January 2022, the US imposed tariffs on various products from countries like the EU, China, Canada, and Mexico. In response, these countries imposed retaliatory tariffs on US imports. The US-China trade war, which began in 2017, resulted in billions of dollars worth of tariffs on each other’s products. These trade restrictions can limit the growth of the manufacturing sector and, consequently, the demand for 3PL services in the US. The ongoing trade tensions between countries can continue to impact the 3PL market negatively during the forecast period.The Third-Party Logistics (3PL) market in the US is facing several challenges across various industries. In waterways and airways, unpredictable weather conditions and rising fuel costs pose significant hurdles. Dedicated contract carriage and warehousing & transportation require efficient management to ensure timely delivery and optimal inventory levels. The technological industry’s rapid advancements, including automation, AI, cloud-based technologies, big data, and predictive analytics, bring new opportunities but also necessitate quick adaptation. Retailing, elements, and online retailing sectors demand advanced warehouse management systems, real-time monitoring, and tracking capabilities. Rare earth elements and metals export face complex regulations, while export logistics require compliance with Free Trade Agreements. Automation, workplace robotics, AI, and cloud-based technologies are transforming the landscape. Last-mile delivery, Fourth-Party Logistics, blockchain, and omni-channel operations are emerging trends. The Roadways segment faces challenges with increasing competition and capacity constraints, while the Airways segment grapples with rising fuel prices and security concerns. EDI and real-time tracking capabilities are essential for seamless information exchange.

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Segment Overview 

This third-party logistics (3pl) market in US report extensively covers market segmentation by

End-userRetailManufacturingAutomotiveFood And BeveragesOthersServiceTransportationWarehousing And DistributionOthersGeographyNorth America

1.1 Retail- The Third-Party Logistics (3PL) market in the US is a significant sector, providing essential services to businesses seeking to outsource their logistics operations. 3PLs offer various services, including warehousing, transportation, inventory management, and order fulfillment. These services enable businesses to focus on their core competencies while improving their supply chain efficiency and reducing costs. The market is competitive, with numerous players offering customized solutions to meet diverse industry needs. Companies continue to invest in advanced technologies, such as automation and real-time tracking, to enhance their offerings and stay competitive. The 3PL market is expected to grow steadily, driven by the increasing demand for flexible and cost-effective logistics solutions.

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Research Analysis

The Third-Party Logistics (3PL) market in the US is a dynamic and evolving industry that caters to various sectors including Aerospace, Consumer and Retail, Energy, Healthcare, Manufacturing, Transportation, Ecommerce merchants, and more. 3PL providers offer services such as inventory management, cross-docking, door-to-door delivery, and logistics infrastructure solutions to help businesses streamline their supply chain operations. The market is driven by global trading activity and the increasing demand for IT solutions, particularly in the areas of consumer electronics and omni-channel operations. Last-mile delivery and fourth-party logistics are emerging trends in the market, with an emphasis on improving efficiency and reducing costs. The use of blockchain technology is also gaining traction to enhance transparency and security in the supply chain. Shippers benefit from the expertise and resources of 3PL providers to manage their logistics needs effectively.

Market Research Overview

The Third-Party Logistics (3PL) market in the US is a dynamic and evolving industry, serving various sectors including Aerospace, Consumer and Retretail, Energy, Healthcare, Manufacturing, Transportation, Shipping, Cross-border trade, and the Technological and Retailing industries. The market is characterized by the integration of digital transformation, e-commerce sector growth, and logistics infrastructure development. 3PLs provide services such as inventory management, cross-docking, door-to-door delivery, and warehousing space to retailers, e-commerce merchants, and manufacturers. Airfreight and air cargo are significant segments, with railway, roadway, waterways, and airways utilized for transportation. Technological advancements, including software solutions, warehouse management systems, Electronic Data Interchange, cloud computing, real-time monitoring, tracking capabilities, and AI, are transforming the industry. The e-commerce marketplace, online retailing, and omni-channel operations require advanced logistics solutions. The market is influenced by global trading activity, free trade agreements, and the adoption of IT solutions, predictive analytics, and automation. Elements industries, such as rare earth elements, metals, and export, also rely on 3PLs for efficient supply chain management. Fourth-Party Logistics and blockchain are emerging trends, offering greater transparency and efficiency. Last-mile delivery, workplace robotics, and AI continue to shape the future of the 3PL industry.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userRetailManufacturingAutomotiveFood And BeveragesOthersServiceTransportationWarehousing And DistributionOthersGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Marine Biological Laboratory Appoints Nicole A. Theodosiou as Burroughs Wellcome Director of Education

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WOODS HOLE, Mass., July 23, 2026 /PRNewswire/ — The Marine Biological Laboratory (MBL) has appointed Nicole A. Theodosiou, Ph.D., as its next Burroughs Wellcome Director of Education at the Marine Biological Laboratory. She will join the MBL on September 8.

Theodosiou brings more than two decades of experience in science education, academic leadership, and program development. She joins the MBL from Union College in Schenectady, New York, where she held a number of leadership roles focused on curriculum innovation, faculty development, and undergraduate STEM education. Most recently, she served as Special Projects Director for Initiatives in Pedagogy & Course Design. Previously, she directed the Howard Hughes Medical Institute Inclusive Excellence Initiative, led the Biochemistry Program, and served as a faculty member in the Department of Biology.

Throughout her career, Theodosiou has developed interdisciplinary educational programs, led faculty development initiatives, and advanced innovative approaches to teaching and learning. She is a member of the Society for Developmental Biology Academy and served on the Society’s Board of Directors as chair of its Professional Development and Education Committee, where she helped create professional development programs and educational resources for scientists nationwide.

At the MBL, Theodosiou will lead the institution’s educational programs, including its internationally renowned Advanced Research Training Courses (ARTCs), undergraduate and high school programs, and other educational initiatives that support the Laboratory’s mission of advancing biological discovery through research and education.

“Education has been central to the MBL’s mission since our founding in 1888,” said Nipam H. Patel, Director of the MBL. “Nicole brings a remarkable combination of scientific expertise, educational leadership, and strategic vision. Her commitment to experiential learning and developing innovative educational programs makes her an outstanding addition to our leadership team as we work to magnify the MBL’s educational impact for the next generation of scientists. “

Theodosiou has maintained a longstanding connection to the MBL throughout her career. She participated in the Laboratory’s Gene Regulatory Networks course in 2015, collaborated with the Marine Resource Center in support of her research, and has mentored students who have participated in MBL educational programs. She has described the MBL’s educational ecosystem as “unparalleled” and its tradition of learning by doing as closely aligned with her own philosophy of science education.

“The MBL has always been a place where scientific discovery and education go hand in hand,” said Theodosiou. “Its tradition of learning by doing and global community has inspired generations of researchers, including myself. I’m honored to join the MBL community and look forward to strengthening and building on its extraordinary legacy to inspire and train the next generation of scientists. “

Theodosiou earned a Ph.D. in Genetics from Yale University and a bachelor’s degree in biology from Swarthmore College. Her research as a developmental biologist has focused on vertebrate evolution and development, while her educational leadership has emphasized creating accessible, research-driven learning environments that integrate science, education, and communication.

About the Marine Biological Laboratory

The Marine Biological Laboratory (MBL) is dedicated to scientific discovery—exploring fundamental biology, understanding biodiversity and the environment, and informing the human condition through research and education. Founded in Woods Hole, Massachusetts, in 1888, the MBL is a private, nonprofit institution.

Media Contact:
Samantha Cummis
Scummis@mbl.edu
973-800-4118

View original content to download multimedia:https://www.prnewswire.com/news-releases/marine-biological-laboratory-appoints-nicole-a-theodosiou-as-burroughs-wellcome-director-of-education-302833514.html

SOURCE Marine Biological Laboratory

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Marine Biological Laboratory Appoints Nicole A. Theodosiou as Burroughs Wellcome Director of Education

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WOODS HOLE, Mass., July 23, 2026 /PRNewswire/ — The Marine Biological Laboratory (MBL) has appointed Nicole A. Theodosiou, Ph.D., as its next Burroughs Wellcome Director of Education at the Marine Biological Laboratory. She will join the MBL on September 8.

Theodosiou brings more than two decades of experience in science education, academic leadership, and program development. She joins the MBL from Union College in Schenectady, New York, where she held a number of leadership roles focused on curriculum innovation, faculty development, and undergraduate STEM education. Most recently, she served as Special Projects Director for Initiatives in Pedagogy & Course Design. Previously, she directed the Howard Hughes Medical Institute Inclusive Excellence Initiative, led the Biochemistry Program, and served as a faculty member in the Department of Biology.

Throughout her career, Theodosiou has developed interdisciplinary educational programs, led faculty development initiatives, and advanced innovative approaches to teaching and learning. She is a member of the Society for Developmental Biology Academy and served on the Society’s Board of Directors as chair of its Professional Development and Education Committee, where she helped create professional development programs and educational resources for scientists nationwide.

At the MBL, Theodosiou will lead the institution’s educational programs, including its internationally renowned Advanced Research Training Courses (ARTCs), undergraduate and high school programs, and other educational initiatives that support the Laboratory’s mission of advancing biological discovery through research and education.

“Education has been central to the MBL’s mission since our founding in 1888,” said Nipam H. Patel, Director of the MBL. “Nicole brings a remarkable combination of scientific expertise, educational leadership, and strategic vision. Her commitment to experiential learning and developing innovative educational programs makes her an outstanding addition to our leadership team as we work to magnify the MBL’s educational impact for the next generation of scientists. “

Theodosiou has maintained a longstanding connection to the MBL throughout her career. She participated in the Laboratory’s Gene Regulatory Networks course in 2015, collaborated with the Marine Resource Center in support of her research, and has mentored students who have participated in MBL educational programs. She has described the MBL’s educational ecosystem as “unparalleled” and its tradition of learning by doing as closely aligned with her own philosophy of science education.

“The MBL has always been a place where scientific discovery and education go hand in hand,” said Theodosiou. “Its tradition of learning by doing and global community has inspired generations of researchers, including myself. I’m honored to join the MBL community and look forward to strengthening and building on its extraordinary legacy to inspire and train the next generation of scientists. “

Theodosiou earned a Ph.D. in Genetics from Yale University and a bachelor’s degree in biology from Swarthmore College. Her research as a developmental biologist has focused on vertebrate evolution and development, while her educational leadership has emphasized creating accessible, research-driven learning environments that integrate science, education, and communication.

About the Marine Biological Laboratory

The Marine Biological Laboratory (MBL) is dedicated to scientific discovery—exploring fundamental biology, understanding biodiversity and the environment, and informing the human condition through research and education. Founded in Woods Hole, Massachusetts, in 1888, the MBL is a private, nonprofit institution.

Media Contact:
Samantha Cummis
Scummis@mbl.edu
973-800-4118

View original content to download multimedia:https://www.prnewswire.com/news-releases/marine-biological-laboratory-appoints-nicole-a-theodosiou-as-burroughs-wellcome-director-of-education-302833514.html

SOURCE Marine Biological Laboratory

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Canada’s investment industry and business community welcome Ontario’s commitment to join regulatory passport system

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Industry, business, and professional associations voice strong support for greater regulatory harmonization and a more competitive Canadian economy

TORONTO, July 23, 2026 /CNW/ — Canada’s investment industry and business community welcome Ontario’s commitment to join the country’s securities regulatory passport system, marking a significant step toward greater regulatory harmonization and a more efficient and competitive Canadian capital market.

A coalition of associations representing firms and professionals from across Canada’s capital markets sector, together with a broad cross-section of the business community, strongly supports the announcement by Ontario Finance Minister Peter Bethlenfalvy at the recent meeting of Canada’s finance ministers, convened by Federal Finance Minister Francois-Philippe Champagne, and supported by their provincial and territorial counterparts.

Ontario’s participation in the passport system will make it easier for firms to operate and raise capital across Canada, while reducing unnecessary regulatory duplication and costs. More broadly, it advances the national effort to remove internal trade barriers, boost productivity and strengthen Canada’s economic competitiveness.

The passport system has already demonstrated that greater regulatory coordination can be achieved while respecting provincial jurisdiction. Participating regulators retain their authority and distinct roles, while firms benefit from a system in which decisions made by a principal regulator are generally recognized across participating jurisdictions.

Ontario’s participation creates an opportunity not only to reduce duplication but also to strengthen the system as a whole. A more integrated model can better leverage the expertise and capabilities of regulators across the country, creating opportunities for greater regulatory specialization and leadership in areas where individual jurisdictions have particular strengths.

For firms, greater harmonization means more predictable regulation, less duplication, and a more efficient regulatory environment. For investors, it supports a framework that maintains strong investor protection while responding more effectively to an increasingly complex and competitive global marketplace. For Canada, it helps create a more attractive environment in which to invest, launch new products and raise capital.

This coalition stands ready to work with governments and securities regulators across Canada to support Ontario’s timely and successful implementation of the passport system and build on the progress already made. We encourage all parties to move quickly to bring Ontario into the existing framework, while preserving the features that have made the passport system work so effectively.

Ontario’s commitment is a milestone and an important step toward a more integrated, efficient and competitive capital market that will strengthen the Canadian economy and better serve Canadian investors and businesses.

About the coalition

The Canadian Bankers Association (CBA) is the voice of more than 60 domestic and foreign banks that help drive Canada’s economic growth and prosperity. The CBA advocates for public policies that contribute to a sound, thriving banking system to ensure Canadians can succeed in their financial goals. 

The Canadian ETF Association (CETFA) is the national voice of Canada’s ETF industry, representing approximately 96 per cent of exchange traded fund (ETF) assets in Canada. CETFA promotes the growth, sustainability and integrity of Canada’s ETF industry. It keeps investment professionals informed about ETF developments, educates investors about ETFs and their benefits, and debunks ETF myths.

CFA Societies Canada is a collaboration of the 12 Canadian CFA Institute member societies, representing over 21,000 CFA charter holders in Canada. Its mission is to lead the investment profession in Canada by advancing the highest professional standards, integrity, and ethics for the ultimate benefit of Canadian society.

Chartered Professional Accountants of Canada (CPA Canada) is one of the most influential accounting organizations in the world. As a non-regulatory body comprised of individual CPA members, CPA Canada supports the profession and represents Canadian CPAs at the national and international levels. Nationally, CPA Canada acts in the public interest to promote transparency in financial markets, prepares CPAs for a rapidly evolving business environment through extensive guidance and programming and contributes to standard setting and policy making. Globally, CPA Canada works together with international bodies to build a stronger accounting profession worldwide. Its dedicated efforts help shape public policy, influence regulatory frameworks and establish high professional standards that reflect the evolving needs of the accounting industry.

The Alternative Investment Management Association (AIMA) is the global representative of the alternative investment industry, with around 2,100 corporate members in over 60 countries. AIMA’s fund manager members collectively manage more than US$4 trillion in hedge fund and private credit assets. AIMA draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programs and sound practice guides. AIMA works to raise media and public awareness of the value of the industry. AIMA set up the Alternative Credit Council (ACC) to help firms focused in the private credit and direct lending space. The ACC currently represents over 250 members that manage US$2 trillion of private credit assets globally. AIMA is committed to developing skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the first and only specialized educational standard for alternative investment specialists. AIMA is governed by its Council (Board of Directors). AIMA was founded in 1990, with the AIMA Canada subsidiary formed in 2003.

The Ontario Chamber of Commerce (OCC) is the indispensable partner of business and Canada’s largest, most influential provincial chamber. It is an independent, non-profit advocacy and member services organization representing a diverse network of 60,000 members. The OCC convenes, mobilizes and empowers business and local chambers in pursuit of its purpose: to bring inclusive and sustainable prosperity to Ontario’s businesses, workers, and communities.

The Pension Investment Association of Canada (PIAC) has been the foremost voice for Canadian pension funds in matters related to pension investment and governance since 1977. PIAC is composed of over 130 of the largest pension plans in the country who manage over $3.5 trillion of assets on behalf of millions of Canadians. Its mission is to promote sound investment practices and good governance for the benefit of plan sponsors and beneficiaries.

The Portfolio Management Association of Canada (PMAC) represents over 300 asset management firms that manage more than $4 trillion in assets. Members are all fiduciaries managing investments in the best interests of their clients, which include private individuals, foundations, universities and pension plans. PMAC employs a collaborative information-sharing business model and advocates on behalf of its members on securities regulation and government policy matters. The association’s mission is to advocate the highest standards of unbiased portfolio management in the interest of investors served by members.

The Securities and Investment Management Association (SIMA) empowers Canada’s investment industry. The association, formerly The Investment Funds Institute of Canada (IFIC), is the leading voice for the securities and investment management industry, which oversees approximately $4.5 trillion in assets for over 20 million investors and the Canadian capital markets. Our members–including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers–are committed to creating a resilient, innovative investment sector that fuels long-term economic growth and creates opportunities for all Canadians.

SOURCE Securities and Investment Management Association

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