FOR IMMEDIATE RELEASE
Spare Parts Logistics: Market Size and Major Players Report is Released
STOUGHTON, WI, April 15, 2010 – Global spare/service parts logistics (SPL) revenue for third-party logistics providers (3PLs) has grown to $35 billion for the Automotive, Industrial and Technology vertical industries according to a new report just released by Armstrong & Associates, Inc. Technology generates the largest SPL revenue at $14.4 billion and Automotive is second at $12.5 billion.
The report breaks down revenues by major countries and regions. Revenues for the Technology vertical are broken down into nine sub segments.
The report includes detailed information on six major 3PLs. The global supply chain capable 3PLs covered are Cat Logistics, CEVA, DHL, Kuehne + Nagel, DB Schenker and UPS.
The complete report and other Armstrong & Associates research can be found at: https://www.3plogistics.com/shopsite/index.html.
About Armstrong & Associates, Inc.:
Armstrong & Associates, Inc. is a supply chain market research and consulting firm specializing in 3PL market research, provider benchmarking, strategic planning, mergers and acquisitions, logistics outsourcing, centralized transportation management programs, and supply chain systems evaluation and selection. Armstrong & Associates publishes Who’s Who in Logistics and Supply Chain Management – The Americas and Who’s Who in Logistics and Supply Chain Management – International. Recent research papers include Swan Dive: 2008 U.S. and Global Third-Party Logistics Market Revenues, 2009 Estimates and a Review of Mergers and Acquisitions; Warehousing in North America – 2009 Market Size, Major 3PLs, Benchmarking Costs, Prices and Practices, and Trends in 3PL/Customer Relationships.
For more information, please contact:
Richard Armstrong at +1-800-525-3915, or email Dick@3PLogistics.com.
Armstrong & Associates, Inc.
100 Business Park Circle, Suite 202
Stoughton, WI 53589 USA
Phone: +1-608-873-8929 Fax: +1-608-873-5509