Russia Third-Party Logistics (3PL) Industry Overview
The Russian 3PL market is relatively fragmented with many local and international players, including Eurosib, Nienshants Logistics, STS Logistics, and RZD Logistics, a subsidiary of the RZD state-owned railways. Foreign logistics companies are entering the Russian outsourced logistics industry and some key players include DHL, Kuehne + Nagel, UPS, DP World, and DB Schenker. The Russian third-party logistics market is expected to increase as service providers move toward the use of automated freight payment and audit services to lower their costs. Despite the advantages and cost savings that 3PL services offer, they are generally undervalued in Russia. For 21% of Russian companies, transportation accounts for 11-20% of their operating costs, and for a further 18%, this rises to the 21-30% range. This indicates a very high share of the companies' operating revenues. As such, the 3PL market in the country has very significant growth potential.
Russia Third-Party Logistics (3PL) Market Leaders
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DHL International GmbH.
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UPS
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KUEHNE + NAGEL
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RZD Logistics
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Eurosib
- *Disclaimer: Major Players sorted in no particular order