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You Don’t Need a Third-Party Logistics Provider for Your Transportation Management

Many small and medium-sized businesses want the ability to manage shipments, book loads and track packages using a Transportation Management System, but they feel the cost is prohibitive, not so anymore.

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The report reflects data and sentiments from more than 500 contract warehousing operations, nearly 400 contract customers, and 10 public warehousing operations.

The report, entitled “First Wave Pick: The Business of Warehousing in North America – 2018, Market Size, Major 3PLs, Benchmarking Costs, Prices and Practices,” was based on information Armstrong collected from more than 500 contract warehousing operations, nearly 400 contract customers, and 10 public warehousing operations.

Many small and medium-sized businesses want the ability to manage shipments, book loads and track packages using a Transportation Management System, but they feel the cost is prohibitive, not so anymore.

In this eBook, we explain how companies that switch to the right Transportation Management System, experience a 10%-20% ROI on their freight spend in a matter of months, and how by taking back the management of their logistics operations in-house they make better shipping decisions every day.

Managing shipment visibility, coordinating transit and delivery details, and enabling efficient management of administrative activities will be key objectives for both shippers and 3PLs this year.

4PL and 3PL partner to open the first of five locations slated to open around the United States within the next six months.

3PL operators and facility owners are benefiting from a rapidly rising rate of product returns, as many retailers outsource reverse logistics operations to cut costs and gain maximum efficiencies.

The steady growth in square footage among the top third-party logistics (3PL) warehouses belies a fundamental transformation as the market adapts to e-commerce pressures.

Lineage adds more than 20 million cubic feet of capacity to its network.

Experienced TMS Company has Guided Many Leading 3PLs, Brokers, and Shippers with transportation planning and execution.

According to the latest data from supply chain consultancy Armstrong & Associates, in 2016, the global third-party logistics market reached $802 billion and is on track to exceed $1.1 trillion in 2022.

In 2016, the global third-party logistics market reached $802 billion and is on track to exceed $1.1 trillion in 2022.

When assessing the state of the 3PL (third-party logistics) market, it truly does go without saying there is something for everyone, especially in terms of the needed, and varied, services 3PL’s provide on behalf of their shipper customers. And it stands to reason that a premier source of these services comes in the form of the 2018 22nd Annual Third-Party Logistics Study published by Penske Logistics, Infosys Consulting, Penn State University, and Korn Ferry.

Echo Global Logistics Chairman and CEO Doug Waggoner spoke with LM's Jeff Berman about a wide array of industry topics, including capacity, rates, NAFTA, and technology, among others.

The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh injection of equity investment is transforming the marketplace. At the same time, shippers may expect to see 3PLs continue to purchase high-tech “solutions” and hire young professionals for implementation.