Armstrong & Associates Releases New Report: 'Reshaping: Third-Party Logistics in a Decade of Structural Change'
New report tracks the U.S. 3PL market at $323.4 billion in 2025 - up 5.0% gross and 5.1% net - with International Transportation Management leading all segments
BROOKFIELD, WI, UNITED STATES, June 11, 2026 /EINPresswire.com/ -- Armstrong & Associates, Inc. (A&A), an internationally recognized leader in Third-Party Logistics (3PL) market research, consulting, and M&A advisory services, today released Reshaping: Third-Party Logistics in a Decade of Structural Change, A&A’s comprehensive annual analysis of the U.S. and global 3PL markets, including updated Top 50 U.S.-Based 3PLs and Top 50 Global 3PLs rankings for 2026.According to A&A, U.S. 3PL net revenues grew 5.1% to $138.2 billion in 2025, a meaningful acceleration from 2024’s 1.8% increase. Gross revenues grew 5.0% to $323.4 billion, up sharply from 2.8% growth in 2024, confirming that the freight recession that began in late 2022 is coming to an end. A&A projects continued growth across all four segments through 2026 and 2027.
ITM was 2025’s fastest-growing 3PL segment, with net revenue growth of 11.0% to $30.4 billion, driving a 35.4% gross profit margin. Within ITM, the divergence between top forwarders was stark: Expeditors grew 4.4% in gross revenue to $11.1 billion and 7.4% in net revenue to $3.7 billion, while C.H. Robinson’s Global Forwarding gross revenue dropped 18.8% to $3.1 billion and net revenue fell 7.6% to $741.9 million. Individual freight forwarders’ books are being reshaped by tariff exposure, customer mix, and lane decisions.
Summary of Key Findings in the Report
• The U.S. 3PL market reached $323.4 billion in gross revenue (turnover) and $138.2 billion in net revenue in 2025, up 5.0% and 5.1% YoY, respectively.
• International Transportation Management (ITM) was the fastest-growing segment at +7.7% gross / +11.0% net, reflecting importer frontloading and shifting tariff dynamics.
• The freight recession is ending through capacity reduction rather than demand rebound, with operating-authority revocations exceeding new entries throughout 2024 and 2025.
• The DTM segment is undergoing a structural rotation toward a new compliance technology stack — Carrier Compliance & Onboarding, Predictive Performance / Fraud Screening, Visibility / Exception Management with Compliance Signals, and TMS systems integrating compliance data — driven by high-profile cargo theft and double-brokering cases.
• Warehousing demand is bifurcating — big-box (500,000+ sq ft) facilities are competing with data center tenants for the same industrial land.
• 3PL M&A activity remained meaningful through March 31, 2026, with multiple transactions over $100 million reshaping the Top 50 Global 3PLs ranking.
“Reshaping: Third-Party Logistics in a Decade of Structural Change” is available for purchase at Market Research Reports – Armstrong & Associates. The report is also included as a standard download in all four tiers of A&A’s Expert Information Service (EIS) subscription.
For more information, please contact:
Evan Armstrong
Armstrong & Associates, Inc.
+1 414-545-3838
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
