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Third Party Logistics (3PL) Market Analysis, Growth, Trends To 2020: Grand View Research, Inc.

2015-05-07 11:36:19| Logistics - Topix.net

The global 3PL market is expected to reach USD 925.31 billion by 2020, according to a new study by Grand View Research, Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period. Infeasibility in managing geographically dispersed supply chain operations as a result of increased globalization has led to several companies outsourcing their logistics function.

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Category:Transportation and Logistics

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