Market Share of Retail 3PL Industry
The global retail 3PL market is fragmented in nature with a mix of global and local players. Some of the strong players include DSV Panalpina, DHL, Ceva Logistics, Ryder Supply Chain Solutions, C.H. Robinson, and Hub Group. Despite the restrictions and lockdowns in place around the world, governments in 2020 allowed trucks to commute at night to meet the country's internal demands, causing severe disruption in the third-party logistics industry. As the market grew due to the development of e-commerce, new third-party logistics companies began to enter the market.
Retail 3PL Market Leaders
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DSV Panalpina
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Kuehne + Nagel
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C.H. Robinson
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DHL Supply Chain & Global Forwarding
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UPS Supply Chain Solutions
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CEVA Logistics
*Disclaimer: Major Players sorted in no particular order