Logistics is often a candidate for outsourcing in a company as it may not be one of its “core competencies.” In many cases, a third party logistics provider or 3PL is used. As you may already know, a ...
Logistics managers should also expect more 3PL consolidation, says Armstrong, pointing out that the global market is finding it exceedingly hard “to grow and scale” their networks organically.
The third-party logistics (3PL) market is experiencing robust growth, fueled by the rapid expansion of e-commerce, ...
Logistics costs and third-party logistics revenues saw extraordinary increases during the 2020-2022 COVID-19 pandemic shutdown and post-shutdown periods. With inventories rebuilt and severe COVID-19 ...
Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...
[Stay on top of transportation news: Get TTNews in your inbox.] Third-party logistics providers in the United States enjoyed another very good growth year in 2022. The two main growth drivers were the ...
Not a subscriber? Apply online today. The global third-party logistics provider (3PL) market is estimated to be $1.50 trillion in 2023 and is expected to reach $2.13 trillion by 2028, growing at a ...
Finding the right third-party logistics (3PL) partner is crucial for businesses aiming to streamline their supply chain and increase overall efficiency. These logistics companies play a vital role for ...
The study examines relationships between third-party logistics providers and shippers by surveying senior executives and leaders. This year’s study included responses from non-users to “provide ...
SCHAUMBURG, Ill.--(BUSINESS WIRE)--SEKO Logistics (SEKO), the leader in end-to-end global logistics, has been named a 2024 Top 10 3PL provider by Inbound Logistics for the 10 th year in a row, ...
The growing need for temperature-sensitive medicines like biologics, vaccines, and specialty drugs is driving the healthcare third-party logistics (3PL) market. These products need careful handling ...
The global third-party logistics market could exceed $1.1 trillion dollars in the next five years as e-commerce and outsourcing fuels its growth, according to a report by Armstrong & Associates. In ...
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