While compiling its annual list of Top 50 third-party logistics (3PL) players, Armstrong & Associates (A&A) always seeks to find a few leading trends that indicate where the market is heading on both the provider and shipper sides around the world. After working on the lists and the supporting report, Evan Armstrong, president of the consultancy, suggests to shippers that quick, tactical solutions should not be relied upon at this moment in time. Indeed, he maintains that 2020 will remain a year of "strategic crisis" for logistics managers aiming for a sustainable business plan with their 3PL partners. "With the current uncertain business environment, an increasing number of logistics providers are being forced to take dramatic action to generate positive impact quickly-or risk going out of business," says Armstrong, adding that, during the first phase of a strategic crisis, a business is no longer able to compete effectively.
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