It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. The global third-party logistics market is on track to exceed $1.1 trillion in 2022. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016. Armstrong […]
Chaos is good for third-party logistics providers – FreightWaves – Chris Dupin Read More »
But incumbents can protect their market shares Last week, a Goldman Sachs equity research team led by Matthew Reustle, CFA, released a report titled “Commoditizing Logistics: Assessing ‘Disruptive’ Links in the Supply Chain.” The report was apparently intended to answer investor questions about threats to large logistics incumbents’ margins and market share. It’s worth noting
HOUSTON — Trimble introduced a host of product updates and new features for its fleet management software and technology, ranging from enhanced calculations for estimated arrival times and expanded capabilities for final-mile distribution. The company made the announcements here at its In.sight User Conference and Expo, held Sept. 9-12. Trimble has added a feature for
