Logistics Management - July 1, 2007
The global third-party logistics (3PL) industry is now estimated at $390 billion.. . We put five of the top 3PL analysts in a virtual room and asked them to define the current global 3PL market and help shippers better navigate the increasingly complicated and global landscape. John Langley, professor of supply chain management, Stewart School of Industrial and Systems Engineering at Georgia Institute of Technology. "At this stage, 3PLs are not technology companies; but this area is greatly in need of improvement for most 3PLs. I do not believe that 3PLs are evolving into technology companies, but I do believe that 3PLs need IT capability to be competitive."
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