| Mode Summary Q215 vs. Q115 | |||
| Metric | TL | LTL | Intermodal |
| Total Shipments | 10.8% | 3.5% | 9.9% |
| Invoice Amount/Load | -1.2% | -0.4% | -2.2% |
| Total Invoice Dollars | 9.9% | 3.2% | 7.5% |
| Margin % | 90 Basis Points | 20 Basis Points | 30 Basis Points |
Second Quarter TIA 3PL benchmarking report shows strong results for freight brokers
posted by AJOT | Sep 11 2015 at 08:01 AM | Logistics
Alexandria, VA - September 9, 2015 Transportation Intermediaries Association (TIA) has released the Second Quarter 2015 TIA Benchmarking Report and the results show that TIA members’ experienced over 10 percent growth in truckload arrangements in a comparison to the first quarter of 2015.
In a comparison to the first quarter of 2015, total shipments increased almost 10 percent overall. Gross profit margin percent increased for the three primary modes; truckload with a 9.9 percent increase, intermodal 7.5 percent, and LTL 3.2 percent. Fuel continued its steady decline between the quarters, dropping 12 cents per gallon.
The report is comprised of data drawn from three categories of members based on revenue; the report represents over 1.6 million shipments and over $2.96 billion in total revenue for Q2 2015.
Below is a comparison of performance for the three primary modes in Q2 2015 versus Q1 2015:
“3PLs continue to grow, expand, and change their businesses,” said TIA President & CEO Robert Voltmann. “This is TIA’s 27th quarterly report on the 3PL industry. The report indicates that 3PLs continue to broaden their services. The percent of 3PLs offering intermodal and LTL continues to increase each quarter and 100% of all 3PLs report activity in truckload.”
Author Mark Christos speaks on the value of the benchmarking report here.
The report contains rolling six quarter trends, fuel price comparisons, and provides for any 3PL to see how the overall industry is performing as well as the ability to compare their business to companies within their peer group based on size.
The publication is based on a monthly survey of TIA members who submit current operating data, and answer questions on business conditions affecting the 3PL industry. TIA’s efforts provide a truly comprehensive report on the trends and practices of the 3PL industry.
