Business Continues to Grow for Third-party Logistics Companies | SupplyChainBrain

Business Continues to Grow for Third-party Logistics Companies

Wall Street Journal

July 1, 2015

Third Party Logistics 21

Driving the growth was an improving U.S. economy and a shortage of capacity in a few key areas, notably trucking, said Dick Armstrong, president of Armstrong and Associates, which provided data on 3PLs for the State of Logistics report. Armstrong said with truck drivers in short supply, shippers are relying more on freight brokers and their close-knit relationship with trucking companies.

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