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State of Logistics 2016: Pursue mutual benefit Mixed metrics are intact in TIA Q3 Benchmarking Report Don’t sleep on the truckload spot market AAR reports mixed U.S. carload and intermodal volumes for week ending November 26 Maersk continues ocean carrier consolidation trend, says it will acquire Hamburg Süd More Logistics News Digital Evolution: Streamlining Logistics and Supply Chain Operations Virtual Conference | Dec 8, 2016 | 1pm ET Keynote Address: The Digital Re-imagination of Supply Chains All Resources Mixed metrics were a recurring theme in the most recent edition of the “Third Quarter 2016 3PL Benchmarking Report that was recently issued by the Transportation Intermediaries Association (TIA). This is the 30th edition of this report, which is based on monthly data from TIA member companies who submit real operating data and respond to questions on business conditions impacting the 3PL sector. Types of questions that the member companies’ answers include: number of shipments by mode, total billing, and gross margins. Other data collected are customer-based forecasts to offer up expectations of near-term business volume. Total third quarter invoice revenue for all TIA member study participants—at around $2.19 billion—was down 11 percent annually, and total shipments—at 1,272,945—decreased 4.3 percent. The average invoice per shipment of $1,722 fell 7.4 percent, with profit margin percentage up 90 basis points to 15.8 percent. Key third quarter metrics by mode included: – Truckload: shipments down 6.7 percent annually at 851,173, with invoice amount per load down 7.6 percent at $1,436, profit margin per load down 3.8 percent at $229, and profit margin percentage up 70 basis points at 16.0 percent; -Less-than-truckload: shipments down 0.3 percent annually at 121,989, invoice amount per load down 5.9 percent at $389, profit margin per load down 5.6 percent at $72, and profit margin percentage down 10 basis points […]