As she prepares her 22nd annual “State of Logistics” report, supply chain expert, Rosalyn Wilson, provided SCMR with an exclusive forecast for the third-party logistics industry.

As she prepares her 22nd annual “State of Logistics” report, supply chain expert, Rosalyn Wilson, provided an exclusive forecast for the third-party logistics sector with Supply Chain Management Review -- LM's sister publication.

As she prepares her 22nd annual “State of Logistics” report, supply chain expert, Rosalyn Wilson, provided SCMR with an exclusive forecast for the third-party logistics sector.

Freight transportation and logistics services provider Averitt Express said this week it is expanding its Lexington, Ky.- and Cincinnati, Ohio-based warehouse operations in an effort to meet shipper needs for flexible shared warehouse space.

Non asset-based third-party logistics services provider Roadrunner Transportation Services (RRTS) said this week it has acquired all of the outstanding stock of Wichita, Kansas-based truckload services provider Bruenger Trucking Company. The sale price, according to Roadrunner officials, was roughly $10.6 million, coupled with an earn-out capped at $3 million.

Less than three months after acquiring World Warehouse and Distribution, Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider said this week it has brought Maersk subsidiary the Gilbert Company into the fold.

According to all reports, the third-party logistics industry is surging again, but experts agree that growth will reach a plateau in the coming years due to a number of looming economic uncertainties. Here’s an overview of how the market is currently shaping up.

Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”

Overall, 3PL U.S. gross revenues jumped 18.9 percent in 2010 to $127.3 billion slightly exceeding the 2008 market result.

Third-party logistics providers are growing at multiples of Gross Domestic Product, and should be able to sustain this pace through 2011, said a prominent industry analyst.