Alexandria, VA - Transportation Intermediaries Association (TIA) has released their First Quarter 2016 TIA 3PL Benchmarking Report and the results show that TIA members’ total shipments decreased compared to Q4 2015, while an increase in gross profit margin percentage balanced the lacking freight volume.
However, total revenue still decreased 10.3 percent between the quarters and all modes surveyed experienced revenue declines between 5.3 percent and 12 percent.
Below is a comparison of performance for the three primary modes in Q1 2016 versus Q4 2015:
| Mode Summary Q116 vs. Q415
|
| Metric
|
TL
|
LTL
|
Intermodal
|
| Total Shipments
|
-1.9%
|
2.6%
|
-1.6%
|
| Invoice Amount/Load
|
-11.2%
|
-7.8%
|
-5.6%
|
| Total Invoice Dollars
|
-12.0%
|
-5.3%
|
-7.1%
|
| Margin %
|
70 Basis Points
|
-30 Basis Points
|
40 Basis Points
|
|
The report represents nearly 1.2 million shipments and $2 billion in total revenue for Q1 2016.
The report contains rolling eight-quarter trends, fuel price comparisons, and allows 3PLs to see how the overall industry is performing as well as to compare their business to companies of a similar size.
The full report is available to the public for purchase on
TIA's website.
