AVAILABLE NOW: SECOND QUARTER 2023 TIA 3PL MARKET REPORT
The most recent 3PL Market Report reveals a quarter that was as weak or weaker for brokers compared to the same 2022 quarter as had been the case for the first quarter. The report shows that for Q223, total shipments improved 0.8% while revenue and invoice amount per shipment decreased by 5.6% and 6.4% compared to Q123.
“We’ve known, based on previous outlooks, that the second quarter was going to be soft,” said Mark Christos, TIA Chair and Chair of the Market Report. “Nevertheless, there are enough positive developments, for example, truckload volume was slightly down year over year and gained from Q1 2023. The surge in automotive manufacturing and the resilience of the total economy, is expected to bolster optimism for our members for future quarters.”
Want access to the full Q223 3PL Market Report + the next three quarterly reports? Subscribe today and secure your access to the Q223 - Q124 reports!
