The US counts among one of the leading trade center wherein trade volume through marine transportation is always high compared to other carriers. Country has the world’s most wide freight transportation network in terms of kilometers of public-use paved roads, railways, waterways, pipelines, and number of airports.
The US accounts for the largest share of the global logistics market. The industry revenues declined in the mid of 2008 and 2009 due to downfall experienced in the global economy. From 2002-2007, the US logistics market grew at a CAGR of 6.03% in line with GDP growth. Industrial production started showing positive trend in the country from mid of year 2010 and so as logistics demand.
The report on “The US Logistics Sector and Forecast” provides an analysis of the US logistics industry in the global logistics industry environment with detailed focus on 3PL segment. The report further provides an update of present industry trends and driving forces accounting for change in the industry. The report is aimed at providing a basic understanding of market size along with future projections for Global and the US logistics industry.
Key Topics Covered in the Report:
The US contributes highest percentage in global GDP performance and this trend is expected to continue as economy is overcoming from the effect of recession.
The global logistics market is expected to cross USD ~ trillion by 2015 with a CAGR of 8.52% from 2010-2015. Globally, the 3PL market is expected to grow at a CAGR of 5.91% from USD ~ billion in 2009 to USD ~ billion in 2015.
In terms of statistics, revenues earned from the US 3PL sector were highest in 2008. It declined in 2009 by 16.14% to USD ~ billion from USD ~ billion in 2008.
Revenues for 3PL in the US reached USD ~ billion in 2010 and are expected to reach USD ~ billion by 2015 with a CAGR of 4.72%. International transportation management is contributing to the maximum growth of the US 3PL market.
The 3PL industry in the US expected to grow with a CAGR 5.95% from 2010-2015
Scope of the Report
The present report will direct not only logistics firms but also manufacturing firms mostly rely upon trade.
Industry players can form business strategies with the help of industry present and expected performance.
This report includes quantitative and qualitative data relating to economy and industry performance
The purpose of this report is to give a detailed analysis of the overall US logistics sector and scope for 3PL providers.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications