Recognized as leaders in their field, each out-sources some portion of their supply chain management to a third party logistics provider, or 3PL. When leaders speak, their competitors listen. In part, that explains why the market for third party logistics totaled more than $45 billion last year, and is growing by nearly 18% annually, according to Dick Armstrong, president, Armstrong & Associates, Inc., a Stoughton, Wi., consulting firm specializing in the 3PL market.
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