Declining Oil prices, Fluctuating Currency Hold Back Growth for 3PLs in Second Quarter 2015
Logistics Viewpoints
SEPTEMBER 9, 2015
The 3PL market has shown negative growth in the second quarter of 2015 mainly because of the declining reporting currency of the 3PLs. Below is the list of y-o-y comparison of various currencies in which the 3PLs report their revenues. Reporting Currency Y-O-Y Decline % Danish Krone -19.4% Kuwait Dollars -6.7%
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