Turvo
FEBRUARY 24, 2022
Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce. The worldwide 3PL industry, estimated at roughly $1 trillion in 2020, is predicted to reach $1.75
Shipsy
AUGUST 3, 2021
As per an online report, the global third-party logistics (3PL) market was valued at around USD 1trillion in 2020, and it is expected to reach more than USD 1.75 trillion by 2026, registering a growth rate of 8% during the period (2021-2026). But what exactly is a 3PL and how does it impact end-to end logistics operations?
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The Logistics of Logistics
NOVEMBER 5, 2021
With evolving business models, changes in customer expectations, to technology advancements, the transportation and logistics sectors remain in the spotlight. Trillion by 2026 according to IMARC Group and the overall total U.S. Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms.
BlueYonder
MAY 23, 2023
Earlier this month, at the 2023 Gartner® Supply Chain Symposium in Orlando, Florida, there were many key supply chain themes that emerged. Key Supply Chain Themes There is a path to supply chain reinvention!
Turvo
AUGUST 20, 2020
Prior to the onset of the pandemic, the value of a third-party logistics provider (3PL) was increasing. According to Supply & Demand Chain Executive , a new Global Market Insights Inc. report found that the global 3PL market would surpass $1,800 billion by 2026. Outsourcing to a 3PL is Expensive.
Locus
DECEMBER 22, 2021
Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc. But now we have entered a new era of logistics that requires technological adoption and strategic execution.
20Cube Logistics
MAY 29, 2022
The space requirement for warehousing is expected to reach 483 million square feet by 2026, growing at 12.77% CAGR. Covid-19 has made it important for the supply chains to be more robust and smart. Technology is helping in re-shaping the future of warehousing by making the processes more efficient. Opportunity drivers.
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