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All posts tagged 3PL
Imagining the (Near) Future
Guest blog post by MHI member Artemis Vision. Sometimes in the warehousing and logistics market we are good at imagining a future that’s decades away and missing out on more immediate opportunities to modernize. Here are some possibilities for those […]
Bill Seward Brings Logistics Expertise to MODEX 2024 Stage
At MODEX 2024, we are bringing a star of the logistics world to the MODEX stage. On March 11, Bill Seward will deliver a keynote at the Georgia World Congress Center. As President of UPS Supply Chain Solutions, Bill is […]
The Changing —and Challenging — Role of 3PL
Outsourced logistics services have shifted into overdrive. Also known as third-party logistics, or 3PL, market research firm Armstrong & Associates tags it as a $161.2 billion industry in the U.S. alone. It is a behemoth of an industry. According to […]
Global 3PL market reaches $750 Billion as 50 firms dominate
In 2014, the Global third-party logistics (3PL) market expanded to $750.7 billion and the U.S. 3PL market grew 7.4% to $157.2 billion. Big deals have recently altered the 3PL market. In January of 2014, FedEx purchased GENCO for $2 billion. […]
Trends in Outsourcing
From MHI Solutions Third-party logistics (3PL) providers offer their customers the opportunity to outsource some, or all, of their supply chain management functions. These might include warehousing, transportation, or even value-added services—such as goods procurement, kitting of parts or products, […]
U.S. 3PL Market Forecasted to reach $154 billion in 2014
The U.S. Third Party Logistics market gross revenue grew 3.2% from 2012-2013 according to Armstrong & Associates, Inc. The research and consulting firm also estimates that growth will be 5.2% for 2014 bringing the U.S. market size to $154 billion. […]