North America Third-Party Logistics (3PL) Market Report and Forecast 2025-2034

North America Third-Party Logistics (3PL) Market Size

The North America third-party logistics (3PL) market reached approximately USD 375.74 billion in 2023. The market is projected to grow at a CAGR of 5.1% between 2024 and 2032, reaching a value of USD 590.71 billion by 2032.

North America Third-Party Logistics (3PL) Market Outlook

• In 2023, the e-commerce sector in the United States represented 22.0% of total retail sales.

• As of 2023, there were 761,474 people working in the 3PL and 4PL logistics industry in the US.

• 3PL companies are significantly adopting a wide range of technology solutions, particularly AGVs (automated guided vehicles).

North America Third-Party Logistics (3PL) Market Growth

The third-party logistics market in North America is driven by the growing adoption of online channels as a mode of purchase of goods. It is estimated that USD 1 billion in incremental e-commerce sales generates 1.25 million sq. ft. of warehouse space demand. The expansion of the warehousing facilities is a business development opportunity for third-party logistics companies.  Businesses are adopting 3PLs at a rapid pace driven by the changing customer behaviours and rising need for businesses to improve their operations in a cost cost-effective manner.

The United States has the presence of strong railways for transporting goods from one place to another. The U.S. freight rail system owns and operates about 140,000 miles of railway tracks. This also includes 95,000 miles owned by Class I railroads.

Canada’s strategic position makes it a pivotal hub for both domestic and international supply chains. 3PL companies in cities such as Toronto, are leveraging data analytics to gain useful insights into their operations. The gained insights allow the companies to streamline their supply chains, improve efficiency, and offer better services to their customers. Furthermore, companies are adopting eco-friendly practices such as the use of electric vehicles and optimizing delivery routes to reduce carbon emissions.

North America Third-Party Logistics (3PL) Industry Segmentation

North America Third-Party Logistics (3PL) Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Service

• Dedicated Contract Carriage (DCC)

• Domestic Transportation Management (DTM)

• International Transportation Management (ITM)

• Warehousing and Distribution

• Value Added Logistic Services (VALs)

Market Breakup by Transport

• Railways

• Roadways

• Waterways

• Airways

Market Breakup by End Use

• Retail

• Healthcare

• Manufacturing

• Automotive

• Others

Market Breakup by Country

• United States of America

• Canada

North America Third-Party Logistics (3PL) Market Share

Based on end use, the market is divided into retail, healthcare, manufacturing, and automotive, among others. The retail sector is expected to witness a significant growth resulted by the increased purchasing power, growing disposable incomes, and rapid urbanisation.

Leading Companies in the North America Third-Party Logistics (3PL) Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and product launches.

• Deutsche Post AG (DHL)

• Schenker AG

• CH Robinson Worldwide Inc

• United Parcel Service, Inc

• FedEx Corp

• Nippon Express Holdings Inc

• J B Hunt Transport Services Inc

• Kuehne + Nagel International AG

• Ryder System Inc

• Hub Group Inc

• CEVA Logistics S.A.

• Others

The market participants are integrating improved technologies such as artificial intelligence, AGVs, and barcode scanning, to improve operational accuracy and efficiency.

Key Highlights of the Report