How big is the Canada 3PL Market?

The Canada 3PL Market size is expected to reach USD 21.39 billion in 2024 and grow at a CAGR of 4.58% to reach USD 26.75 billion by 2029. Read More

What is the current Canada 3PL Market size?

In 2024, the Canada 3PL Market size is expected to reach USD 21.39 billion. Read More

Who are the key players in Canada 3PL Market?

DSV, CEVA Logistics, Mactrans Logistics, TSI Group Inc. and Polaris Worldwide Logistics are the major companies operating in the Canada 3PL Market. Read More

What years does this Canada 3PL Market cover, and what was the market size in 2023?

In 2023, the Canada 3PL Market size was estimated at USD 20.45 billion. The report covers the Canada 3PL Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Canada 3PL Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

3PL in Canada Market - Third Party Logistics

Canada Third Party Logistics (3PL) Industry Overview

The market is relatively fragmented with a large number of local and international players, including CEVA Logistics, DSV, Mactrans Logistics, TSI Group Inc., Polaris Logistics, Metro Supply Chains and Purolator as its key players. While the country is undergoing tremendous regulatory changes, the 3PL market is undergoing mergers and acquisitions, expanding its Canadian as well as cross-border expertise. For instance, in March 2020, Polaris Transportation Group announced the acquisition of PRI Logistics, a 3PL brokerage in Ontario, offering a full array of transportation services, reinforcing its position as a major player in an industry. Many companies like Amazon and Giant Tiger are focusing on reducing the greenhouse gas emission through the implementation of various innovative ideas and environment-friendly sources of energy.