United States Contract Logistics Market Size (2024 - 2029)

United States Contract Logistics Market Analysis

The United States Contract Logistics Market size is estimated at USD 139.86 billion in 2024, and is expected to reach USD 168.21 billion by 2029, at a CAGR of 3.76% during the forecast period (2024-2029).

• Strategically poised to benefit from the burgeoning e-commerce landscape and technological advancements, the United States contract logistics sector is witnessing a transformation. This evolution is largely fueled by a surge in online shopping, reshaping both consumer behavior and logistics requirements.
• In response to surging demand, logistics firms are significantly investing in expanding their warehousing networks. Projections indicate that the U.S. will need an additional 500 million square feet of warehouse space to manage growing inventories and meet same-day delivery expectations. Leading logistics companies are upgrading their infrastructure with cutting-edge technologies like automation and robotics to boost efficiency and accelerate product flow.
• As of 2024, the U.S. contract logistics market is placing a heightened focus on sustainability and digitalization. Firms are embracing energy-efficient transportation methods and state-of-the-art tracking technologies, aiming to bolster operational capabilities while reducing environmental impact. Furthermore, the nation emerges as the leading contributor to North America's contract logistics market.
• AI and ML integration for supply chain optimization stands out as a pivotal driver of this market's expansion. Businesses are leveraging AI to enhance route planning, strengthen inventory management, and perform predictive analyses. For instance, XPO Logistics utilizes technology for route optimization and real-time tracking, enhancing its service offerings and solidifying its position as a key player in the contract logistics landscape.
• For instance, C.H. Robinson employs predictive analytics to oversee its fleet's performance, guaranteeing timely maintenance and reducing service disruptions. These applications empower companies to minimize inefficiencies and forecast demands with greater precision

United States Contract Logistics Industry Segmentation

Contract logistics refers to the process of outsourcing resource management tasks to a third-party company. In addition, the companies involved in this market handle activities such as designing and planning supply chains, designing facilities, warehousing, transporting and distributing goods, processing orders and collecting payments, managing inventory, etc. The report provides a comprehensive background analysis of the United States contract logistics market. It covers the assessment of the economy and the contribution of various sectors, offers an overview of the market, estimates the market size for key segments, highlights emerging trends, and discusses market dynamics and geographical trends.

The United States contract logistics market is segmented by type (outsourced and insourced), by end user (manufacturing and automotive, consumer goods and retail, high-tech, healthcare, and pharmaceuticals other end users (energy, construction, aerospace, etc.)). The report offers market size and forecasts in value (USD) for all the above segments.