A recent article in Logistics Quarterly noted that 2/3 of the revenues from North American third party logistics companies are dominated by Fortune 500 companies. As logistics outsourcing has become more common and the solutions that 3PLs provide more effective, the world’s largest companies are turning to trusted logistics companies to fine tune their supply chain and find and fix inefficiencies.
Transportation management and value added logistics services are the primary services purchased by automotive companies.
Transportation management and warehousing are the leading services for the food and grocery, industrial, and retail companies.
Warehousing is the most purchased service for technology, healthcare and consumer goods companies.