Fourth Party Logistics Market Report – The Study Highlighting the Key Developments of Top Logistics Leaders

The major stakeholders of 4PL performs the following functions- logistics service, transportation, capacity utilization, and carrier performance, freight sourcing, network analysis and design, consultancy, business planning, different analytics and management (including project management, tower and network management), coordinating a wide supplier base across many modes and geographies, inventory planning and management, inbound, outbound and reverse logistics management. A 4PL provider basically takes third-party logistics a step further by managing resources, infrastructure, and technology. Besides, they also manage other external 3PLs to design, build and provide supply chain solutions for businesses. The end-user to the 4PL companies also varies with the complexity of their supply chain.

Deutsche Post AG, Kuehne+Nagel., DB Schenker, XPO Logistics, Inc., and CEVA Logistics AG – PROMINENT MARKET PARTICIPANTS IN FOURTH PARTY LOGISTICS MARKET

It has been observed that regional demographics have also played a crucial role in the growth of the 4PL services market. As an example, the 4PL adoptions is observed by the retail sector, which in-turn has propelled due to the advent of e-commerce. As APAC region boasts of more than one-third of the global population, the market attractiveness for e-commerce industry is very high in the region. Further, developing economies and rising disposable incomes with individuals have accentuated further the growth in e-commerce activities. Rising demand diversities on account of diverse demographics observed in the region contributes to the supply chain complexities, thus requiring the needs for 4PL services to be deployed by the shipping companies. Since last decade, the demand in different end-user industry has accelerated significantly with growing adoption of digitalized technologies and further technological enhancements. As leading companies in this market continue to broaden their addressable market, by expanding current product portfolios, diversifying client bases, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional players as well as the leading global companies across the world.

Deutsche Post AG, Kuehne+Nagel., DB Schenker, XPO Logistics, Inc., and CEVA Logistics AG are the top five players in the market. The market positioning/ ranking of key players is derived by considering multiple factors such as overall revenue, segment revenue, R&D expenditure, brand image, product and service portfolio, geographic reach, market initiatives, mergers & acquisitions, and other fourth party logistics market-related activities.

Allyn International Services, Inc., United Parcel Service, Inc., GEFCO Group, XPO Logistics, Inc., Deutsche Post AG, DB Schenker, DAMCO, Logistics Plus Inc., GEODIS, and CEVA Logistics AG are the key players profiled in this study. In addition to these 10 players, multiple other leading global and regional market players, emerging companies, market disruptors and niche market players were also studied and analyzed during the course of this study. Few of the important market initiatives and product developments from the industry are mentioned below:

Year News Country
2020 CEVA Logistics won a five-year contract with Airbus and thus strengthened its position in international aerospace business. As per this contract, the company will be responsible for consolidating spare parts/components from countries like Germany, UK, France, and Spain. Europe
2020 DAMCO announced that it will start offering three different service levels, across its sea and air operations. All company products will now provide full track-and-trace functions, online booking and customized services. This three-tier service program is a part of company’s ongoing growth and development strategy. Europe
2020 DB Schenker expanded its activities near cargo center at Luxembourg Airport. It is one of the largest airport in Europe. This new 7,000 m² logistics center help the company to link its European and global network. The new distribution center is expected to generate more than 100 jobs. Europe
2020 Porsche Cars Canada selected DB Schenker for operating its Ontario (New Mississauga) parts distribution centre. This new facility is expected to handle about 2,82,000 orders in its first year of operation. North America


6 thoughts on “Fourth Party Logistics Market Report – The Study Highlighting the Key Developments of Top Logistics Leaders

  1. I am not sure where you are getting your info, but good topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent information I was looking for this information for my mission.

Leave a Reply

Your email address will not be published. Required fields are marked *