Richard Armstrong, Chairman, Armstrong & AssociatesFrom Richard Armstrong, Chairman, Armstrong & AssociatesAll LogisticsWhere the 3PL Action Is: A Scan of Logistics Providers & Services WorldwideEurope continues to fluctuate in and out of recession with ongoing economic austerity which is negatively impacting its output. Based upon its 2012 regional revenue, Armstrong & Associates estimates that 3PLs operating in Europe have penetrated 23 percent of the total potential market, so the trend to outsource logistics functions to 3PLs continues to provide for growth over and above the overall economy. The best European-based 3PLs have made acquisitions to globalize their operations and participate in developing markets with higher rates of growth.April 28, 2014Page 1 of 1
