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Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates. We anticipate that we may well be highlighting other reduced revenue forecasts from digital freight start ups in the coming weeks.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

In the 19th Annual Third Party Logistics Study published earlier this year, the survey results show the continuing, positive overall nature of shipper-3PL relationships. In comparison, according to Fraunhofer Institute, warehousing is outsourced by 54% in Germany, which is the largest logistics market in Europe.