Fortune 500 Firms Turn to 3PL for Supply Chain Efficiency

Fortune 500 Firms Turn to 3PL for Supply Chain Efficiency

According to an Armstrong & Associates report, 90% of U.S. Fortune 500 companies rely on 3PL services. By outsourcing logistics and supply chain functions, businesses can focus on core competencies, optimize resource allocation, reduce costs, and enhance competitiveness. Selecting the right 3PL partner is crucial for companies seeking to upgrade their supply chain efficiency. This allows businesses to leverage external expertise and technology for improved performance and streamlined operations.

01/20/2026 Logistics Industry Insights
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From 3PL to 4PL: Decoding the Evolution of Modern Logistics Models

From 3PL to 4PL: Decoding the Evolution of Modern Logistics Models

This article explores the main differences between third-party logistics (3PL) and fourth-party logistics (4PL). It highlights that 3PL focuses on basic logistics management, while 4PL offers more comprehensive supply chain solutions by integrating resources to enhance efficiency and respond to rapid market changes. The trend of logistics outsourcing gives 4PL a significant advantage in improving service quality and reducing costs, indicating considerable potential for future development.

07/15/2025 Logistics Encyclopedia
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Kenco Acquires Drexel Industries to Expand North American Presence

Kenco Acquires Drexel Industries to Expand North American Presence

Kenco acquired Drexel's 3PL business, expanding its presence into the Canadian market. This acquisition strengthens Kenco's logistics capabilities across North America, with a particular focus on co-packing and filling services. The move allows Kenco to offer enhanced warehousing and distribution solutions to its customers throughout the region and further solidify its position as a leading 3PL provider.

01/30/2026 Logistics
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Firms Turn to Thirdparty Logistics Amid Market Uncertainty

Firms Turn to Thirdparty Logistics Amid Market Uncertainty

In the context of current economic uncertainty, businesses need to deepen cooperation with third-party logistics (3PL) to address challenges such as rising customer demand, increasing costs, and sustainable development goals. By establishing strategic partnerships, companies can enhance customer experience, optimize cost management, implement environmentally friendly practices, and mitigate geopolitical risks to ensure stable growth.

08/01/2025 Logistics Industry Insights
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US Industrial Real Estate Thrives on Ecommerce Demand in Q1

US Industrial Real Estate Thrives on Ecommerce Demand in Q1

CBRE data shows the US industrial real estate market continued its strong growth in Q1, driven by e-commerce demand and rising rents. Despite a decrease in completions, the market remains undersupplied. Third-party logistics (3PL) led transaction volume, followed closely by e-commerce. The market outlook is optimistic, presenting opportunities for investors. Strong demand and limited supply create a favorable environment for continued growth in the industrial sector.

01/19/2026 Logistics Industry Insights
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US Lastmile Delivery Market Faces Growth and Challenges

US Lastmile Delivery Market Faces Growth and Challenges

In the bulk last mile delivery sector, third-party logistics (3PL) face both opportunities and challenges. Recent reports indicate that the US market size is approximately $10.15 billion, with future growth projected to decline at a lower CAGR. Contributing factors include tariff uncertainties and reduced consumer spending, while independent contractors represent 96.4% of the delivery workforce.

06/06/2025 Logistics Industry Insights
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Thirdparty Logistics Eases Supply Chain Disruptions

Thirdparty Logistics Eases Supply Chain Disruptions

Traditional logistics models face significant challenges including capacity constraints, complex regulations, and the impact of e-commerce. Third-Party Logistics (3PL) services offer a crucial solution with their expertise and flexibility. Selecting the right 3PL partner allows businesses to optimize their supply chain, reduce costs, and improve customer satisfaction. This strategic move is essential for gaining a competitive edge in the market.

01/29/2026 Logistics Industry Insights
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Ottawa 3pls Adapt to Meet Ecommerce Demand

Ottawa 3pls Adapt to Meet Ecommerce Demand

An Ottawa-based logistics fulfillment company successfully transformed into an e-commerce logistics service provider through strategic adjustments, process optimization, technology enablement, and personnel training, achieving nearly 190% growth in e-commerce orders within a year. Their experience demonstrates that embracing e-commerce, streamlining processes, and leveraging technology are crucial for 3PL companies to achieve modernization and upgrade their services. This transformation highlights the importance of adapting to the evolving demands of the e-commerce landscape for sustained growth and competitiveness.

01/28/2026 Warehousing
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