Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.
The 3PL faces unprecedented challenges from e-commerce, Amazon and new technologies. But opportunities abound for those 3PLs that turn them into a competitive advantage.
According to the consultancy, Armstrong & Associates, new global supply chain challenges will be handled by 3PLs in a variety of innovative ways next year.
The study was released last week by Capgemini Consulting, Penn State University, and Penske Logistics at the Council of Supply Chain Management Professionals Annual Conference in Orlando, Florida.
Rick Mettetel, vice president, global forwarding for C.H. Robinson, recently shared insights with our readers on current state of third party logistics.
The 3PL arena is booming. But what does that mean for today's supply chain manager. C. John Langley Jr., Ph.D., who serves as a director of development at the Center for Supply Chain Research at the Smeal College of Business at Pennsylvania State University shares his…
According to new research report published by Allied Market Research, titled the global third party logistics market is expected to reach $1,110 billion, registering a CAGR of 5.16% during the forecast period 2016-2022.
Following last year's merger and acquisition frenzy, the speed of technology implementation by the new “mega 3PLs” will need to keep pace with the evolving challenges of omni-channel fulfillment. Those providers that meet shipper needs will remain dominant.
When the consultancy, Armstrong & Associates, staged their “3PL Value Creation Asia Summit” last month in Hong Kong, analysts came away with some predicable observations and a few new takeaways.
More than 80 percent of domestic Fortune 500 companies outsource their logistics operations and most expect to use third party logistics (3PL) providers more in the coming years, according to the University of Tennessee (UT) study sponsored by Kenco.
For the third straight year, Armstrong & Associates, Inc. convened its Annual 3PL Value Creation Summit in Chicago recently to identify key global industry trends.
Following the onset of the global recession in 2008 there were relatively few large –scale acquisitions in the 3PL industry. That has changed dramatically since early 2014. Since that time there have been ten major acquisitions by 3PLs totaling $18 billion.
CEOs across North America, Asia-Pacific and Europe were also asked to project regional industry revenue growth rates for the next three years in each of their regions.
Since FedEx announced the acquisition of GENCO late last year, many supply chain managers may still be seeking answers on the cultural shift and its impact on the 3PL marketplace.
In the annual study and forecast on third-party logistics providers (3PLs) the consultancy Armstrong & Associates note that “big deals” have dominated the last year.
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