Small to medium-sized trucking companies have all of the challenges that afflict their larger competition, and none of the advantages.

The global third-party logistics (3PL) market reached $1.47 trillion in 2022, according to Armstrong & Associates, Inc. (A&A), an increase of 14.5% over 2021 revenues.

4PLs and 3PLs are not mutually exclusive, says Eric Rempel, chief innovation officer at Redwood Logistics. But 4PLs do have other capabilities that logistics managers might want to tap.

With carrier compliance and freight acceptance so high, now is the time to think about normalizing the freight industry by leaning into excellent customer service. 

While Ozempic is sold across Europe, Wegovy is yet to launch in most of the region and has also faced shortages in the U.S.  

Despite inflationary pressures on companies' pocketbooks, now is the time for them and logistics service providers to gear up for challenges 2023 is likely to present, says Mike Riegler, senior vice president, LSP, One Network.

The pullback came as the broader U.S. economy added 311,000 jobs, driven by growth in service sectors, as consumer spending shifts.

A company's transportation portfolio needs to ensure balance and agility, says Jennifer Kobus, vice president of transportation at Ulta Beauty.

Logiswift, the Dubai-based provider of a software platform for supply chain orchestration, has opened its first office in the U.S., in Houston, Texas.

Retailers should change their mindset to view returns as a profit center, not a burdensome cost, says Itamar Zur, co-founder and chief executive officer of Veho.