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3PL Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecasts 2 …
Global 3PL Market : Overview
Third party logistics, also known as 3PL, is an outsourcing system wherein storage and transportation services are outsourced to a specialist company. Outsourcing these services allows companies to cut costs and focus on their core competency. Inventory management, delivery, packaging, and cross-docking services are now usually bundled with 3PL services, making the 3PL platform even more cost-effective. The global 3PL market is driven primarily by the…