Market Share of Canada 3PL Industry
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.
Canada Third Party Logistics (3PL) Market Leaders
-
DSV
-
CEVA Logistics
-
Mactrans Logistics
-
TSI Group Inc.
-
Polaris Worldwide Logistics
*Disclaimer: Major Players sorted in no particular order
