Shipment volume increased along with the invoice amount per load and total revenues of over-the-road truckload (TL), rail intermodal (IM) and Less-than-Truckload (LTL) carriers, according to the latest 3PL Market Report published by the Transportation Intermediaries Association. The report represents nearly 1.4 million shipments and $2.5 billion in total revenue for Q3 2013.
Mode Summary Q3 13 vs. Q3 12 |
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Metric |
TL |
LTL |
Intermodal |
Total Shipments |
3.8% |
8.3% |
7.8% |
Invoice Amount/Load |
0.8% |
5.5% |
4.6% |
Total Revenue |
3.3% |
14.3% |
12.8% |
Margin % |
-90 Basis Points |
-100 Basis Points |
-50 Basis Points |
“3PLs continued to grow, expand, and change their businesses,” said TIA President & CEO Robert Voltmann. “The percent of 3PLs offering intermodal and LTL continues to increase each quarter and 100% of all 3PLs report activity in TL.”
The 22 page report is based on a monthly survey of TIA members who submit real operating data, and answer questions on business conditions affecting the 3PL industry. TIA’s efforts are providing a truly comprehensive report on the trends and practices of the 3PL industry.