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.
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.
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.
A deadly mine accident in northern China is casting a spotlight on the dangers inherent in the country’s effort to prioritize energy security by boosting coal production.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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