Fourth Quarter 3PL Benchmarking Report Shows Volume Growth for 3PLs with a Revenue Decrease In Annual Comparison
Alexandria, VA – February 29, 2016 Transportation Intermediaries Association (TIA) has released the Fourth Quarter 2015 TIA 3PL Benchmarking Report and the results show that TIA members’ total shipments increased compared to Q4 2014, while total revenue decreased.
In the comparison to the fourth quarter of 2014, total shipments increased 8.5 percent overall, an improvement driven by truckload and intermodal loads. Gross profit margin percent per load increased nearly 200 basis points, yet total revenue for all loads decreased by 4.7 percent.
The report also indicates that total shipments decreased 5.3% when compared to Q3 2015.
The report is comprised of data drawn from three categories of members based on revenue; the report represents over 1.3 million shipments and nearly $2.3 billion in total revenue for Q4 2015.
Below is a comparison of performance for the three primary modes in Q4 2015 versus Q3 2015:
|Mode Summary Q415 vs. Q315|
|Total Invoice Dollars||-14.3%||-8.3%||-2.9%|
|Margin %||90 Basis Points||50 Basis Points||-20 Basis Points|
Author Mark Christos speaks on the value of the benchmarking report here.
The report contains rolling eight-quarter trends, fuel price comparisons, and allows 3PLs to see how the overall industry is performing as well as to compare their business to companies of a similar size.
The publication is based on a monthly survey of TIA members who submit current operating data, and answer questions on business conditions affecting the 3PL industry. TIA’s efforts provide a truly comprehensive report on the trends and practices of the 3PL industry.
For additional questions, contact Cindy Amos (firstname.lastname@example.org 703.299.5710).
The Transportation Intermediaries Association (TIA) is the professional organization of the $157.2 billion third-party logistics industry. TIA is the only organization exclusively representing transportation intermediaries of all disciplines, doing business in domestic and international commerce. TIA is the voice of transportation intermediaries to shippers, carriers, government officials and international organizations. TIA is the United States member of the International Federation of Freight Forwarder Associations, FIATA.