@Risk

Results of the 17th Annual Survey of Third-Party Logistics Providers have been released, and they show that most of the 3PL CEOs polled are considerably more bullish than they were last year. In total, 31 CEOs –representing the North American 3PL marketplace, the European 3PL market, and the Asia-Pacific 3PL market –participated in the survey, and  CEOs from all three regions indicated that  they were optimistic about future revenue growth prospects of not only their companies, but also the regional 3PL industry.

The report, conducted by Robert Lieb, professor of supply chain management at Northeastern University, and sponsored by Penske Logistics, also found that: (more…)

Following a decrease in market size of some $20.0 billion from 2007 – 2009, researchers from Analytiqa now predict that spending on logistics across North and South America could increase by approximately $106 billion through 2012, including an impressive 32 percent increase in logistics outsourcing expenditures.

Even so, the North and South American Logistics 2010 study, which sized logistics markets and evaluated outsourcing rates across Argentina, Brazil, Canada, Mexico and the United States, found that 3PLs looking to capitalize on this enormous growth will have to overcome a few significant challenges, related mostly to flexibility and speed. (more…)

This year, the annual 3PL Market Report North America from eyefortransport focuses on the core issues supply chain and logistics companies are facing as they emerge from the global recession –and as you might expect, the results are somewhat of a mixed bag, revealing  a healthy dose of cautious optimism.

For instance, when asked how they think worldwide economic conditions will affect their companies’ financial performance in the next 12 months,  36 percent of 3PLs, 47 percent of manufacturers/retailers, and 23 percent of solution providers said that growth will be slower than predicted.

But, 31 percent of 3PLs, 26 percent of manufacturers/retailers, and 29 percent of solution providers said they expect revenues to increase.

10 percent of 3PLs, 15 percent of manufacturers/retailers, and 23 percent of solution providers think growth will be as  strong as predicted.

But, 17 percent of 3PLs, 7 percent of manufacturers/retailers, and 18 percent of solution providers said they are not likely to see growth, at all. 6 percent of 3PLs, 5 percent of manufacturers/retailers, and 7 percent of solution providers expect revenues to decline.

Overall, this year’s results are generally more positive compared to eyefortransport’s previous reports,though, indicating the increased optimism I’ve seen in other industries, as well. (more…)

Most shippers are cutting costs and as a result, they’re re-thinking both their supply chains and their 3PL relationships, according to a new study from Capgemini, in cooperation with Oracle, the Georgia Institute of Technology, and Panalpina.

The survey, which polled more than 1,000 logistics executives from both 3PL users and providers in North America, Europe, Asia Pacific and Latin America, examined global markets for shippers and logistics providers and found that, as you might expect, the recession has created significant challenges for both shippers and 3PLs.

(more…)