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Running Seamless 3PL Operations in the Midst of Supply Chain Chaos

Turvo

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. trillion by 2026 due to the COVID-19 epidemic.

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Smaller cities become new hubs in the Indian warehousing landscape.

20Cube Logistics

The space requirement for warehousing is expected to reach 483 million square feet by 2026, growing at 12.77% CAGR. In 2021, the third-Party Logistics ( 3PL ), was reported to occupy the maximum warehousing space, followed by e-commerce. Opportunity drivers.

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The Myths and Benefits of Using a 3PL: Evaluation Criteria to Consider

Turvo

Prior to the onset of the pandemic, the value of a third-party logistics provider (3PL) was increasing. report found that the global 3PL market would surpass $1,800 billion by 2026. According to Supply & Demand Chain Executive , a new Global Market Insights Inc.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. – Third-Party Logistics Study, 2022, NTT Data. They have the added flexibility to experiment with distribution models like shipping directly with customers, opening pop-up fulfillment stores , or partnering with third-party logistics providers.

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3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations. Billion by 2026.

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The Ultimate Guide to 3PL Management

Shipsy

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). Here’s everything you need to know about third-party logistics-.

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This Week in Logistics News (December 31 – January 6)

Logistics Viewpoints

Any earn-out is expected to be paid in fiscal 2025 and fiscal 2026. The maximum amount payable under the all-cash performance-based earn-out is $USD 3 million, based on Supply Vision achieving revenue-based targets in each of the first two years post-acquisition.