Subscribe to our free, weekly email newsletter!


3PL CEOs are optimistic about growth prospects, according to annual survey

A focus on growth, regardless of its pace, was a key underlying theme in the results of the 20th Annual Survey of Third-Party Logistics CEOs, which was released last week in conjunction with the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in Denver.
By Jeff Berman, Group News Editor
October 29, 2013

The 20th Annual Survey of Third-Party Logistics Provider CEOs revealed that despite a slow economy, North American CEOs have their sights set on growth, expecting their companies to increase revenues by an average of 14.6% over the next three years.

Conducted by Dr. Robert Lieb, professor of Supply Chain Management at Northeastern University, the survey was sponsored by Penske Logistics. This year, 3PL CEOs, surveyed in North America, Europe and the Asia-Pacific regions, are generally optimistic about company and industry growth prospects over the next one and three-year periods. North American and European CEOs forecasted higher three year company revenue growth projections than last year, 14.6% and 10.3%, respectively. For the three-year period, Asia-Pacific CEOs projected 11.6% growth, down from 12.5% in 2012.

Click here to read the full story on the Logistics Management website.

About the Author

image
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff joined the Supply Chain Group in 2005 and leads online and print news operations for these publications. In 2009, Jeff led Logistics Management to the Silver Medal of Folio’s Eddie Awards in the Best B2B Transportation/Travel Website category. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. If you want to contact Jeff with a news tip or idea,
please send an e-mail to .(JavaScript must be enabled to view this email address).


Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Annual survey illustrates optimism resulting from increasing profits.

Serving primarily China and Taiwan, Tailift produces 28,000 forklifts annually.

Industrial barcode label printers are the gold standard for effective use of barcode technology to improve accuracy, reduce costs, and increase productivity in warehousing operations. Accuracy, costs, and productivity are the top concerns of companies with warehouses. As customer demands for perfect orders increases industrial barcode printers can produce the right barcode for the right products. As material costs increase these printers ensure minimal labor and physical space are required. And to improve labor productivity industrial barcode printers use good data to produce the right labels at the right time and place to keep product moving.

PECO Pallet is investing in technology and aiming at customers further up the supply chain to extend its reach.

Article Topics

News · 3PL · Logistics · CSCMP · Economy · Third-Party Logistics · Penske · All topics

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA