3PL Market Report

AVAILABLE NOW: SECOND QUARTER 2024 TIA 3PL MARKET REPORT

In the second quarter of 2024 (Q224), the report outlines that the industry for the first time in eight quarters, posted positive growth in total shipments: 5% increase over Q1 2024 (QoQ) and 3.5% growth year over year (YoY). The report also highlights a 5.6% increase in total revenue over Q1. Additionally, the invoice amount per shipment edged up by 0.6%. Despite minor declines in gross margin (minus 10 basis points QoQ and minus 160 basis points YoY), the overall growth in shipments and revenue demonstrates strong market demand and operational effectiveness.

Want access to the full Q224 3PL Market Report + the next three quarterly reports? Subscribe today and secure your access to the Q224 - Q125 reports!

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ABOUT THE TIA 3PL MARKET REPORT:

Your subscription to the TIA 3PL Market Report includes rolling eight-quarter trends and allows 3PLs and industry observers to view how the industry is performing as well as to compare their business to companies of a similar size. Each report also includes an analysis by DAT Freight & Analytics and Truckstop.

TIA’s 3PL Market Report is a quarterly report that gathers operating data to present a realistic view of the 3PL industry. The report includes detailed 3PL activities by transportation mode and measures comparative volume, revenue, margin, and margin percentages, and quarterly and year over year.

The publication is based on a monthly survey of TIA Members who submit real operating data. TIA’s efforts are providing a truly comprehensive report on the trends and practices of the 3PL industry.

TIA’s members and the transportation community have never had access to empirical data coming directly from active 3PLs, but rather have relied on assumptions data developed by various analysts. The TIA 3PL Market Report provides a representative understanding of what is happening within this business sector.

Subscribing today will net you the current market report (Q224), as well as all released Market Reports for a year after your purchase. Your annual subscription ends with the Q125 report. Reports are released at the end of each quarter.

Member Price: $169 | Non-Member Price: $500

3PL Market Report

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