American Shipper

Sept. 2012

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3PLs make the PITCH Logistics providers adapt to tough sales environment by developing creative solutions, collaborating with shippers. BY ERIC KULISCH the 18.7 percent growth in 2010. Logistics industry research and consulting firm Armstrong & Associates estimates the U.S. market will rise 6.3 percent to $142.2 billion in 2012 due to the drag from cooling economies in Asia and the recessionary situation in Europe. U 8 AMERICAN SHIPPER: SEPTEMBER 2012 .S. third-party logistics providers fared well last year with revenue increasing 5.1 percent to $133.8 billion, but that represented a big slowdown from Both figures are down from the industry's 15-year compound annual growth rate of 10.3 percent. The global 3PL market grew 4.9 percent to $616 billion year-over-year in 2011, but the growth rate also decelerated as demand for international transportation eased in line with the downturn in trade. Revenues for 3PLs in North America have recovered and surpassed the pre-recession level in 2008, reaching $160 billion last year. The European 3PL market, at $160.4 billion, still has not caught up to where it was four years ago. Asia is the largest market for logistics services at $191 billion

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