3PL Market Report

AVAILABLE NOW: THIRD 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 Q323, invoice amount per shipment improved 2.1% while total revenue and total shipments declined by .2% and 2.2% compared to Q223.

We’re looking at tough year-over-year comparisons for brokers given that the third quarter of 2022 was a strong one for members,” said Mark Christos, TIA Chair and Chair of the Market Report. “That being said, the positive results detailed in this most recent report are encouraging for members as we brace for further headwinds until mid-2024.”

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