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The global 3PL market reached $75 billion in 2014, and grew to $157 billion in the US; demand growth for 3PL services in the US (7.4% YoY) outpaced the growth of the US economy in 2014. As of 2014, 80 percent of all Fortune 500 companies and 96 percent of Fortune 100 used some form of 3PL services.
Logistics operators based in Asia have been leasing more warehouses in the United States in response to changes in e-commerce, global trade and manufacturing. Third-party logistics firms, known as ...
FedEx Supply Chain, [3] [4] formerly known as GENCO (General Commodities Warehouse & Distribution Co.) is a major third-party logistics (3PL) provider in the United States and Canada. [5] It serves various industries, including: technology & electronics, retail & e-commerce, consumer & industrial goods, and healthcare industries.
PFSweb, Inc. (Priority Fulfillment Services) is an eCommerce fulfillment and logistics 3PL service provider for business-to-business and direct-to-consumer companies. [1] Its corporate headquarters were relocated from Allen, Texas to Irving, Texas in 2022. As of 2023, the company had 2.2 million square feet of warehouse space, and distribution ...
Newegg offers services to its third-party logistics (3PL) clients and other e-commerce companies. In April 2020, Newegg announced Newegg Staffing, [ 32 ] a staffing agency serving the logistics, manufacturing, clerical, and supply chain management industries. [ 33 ]
3PL may refer to: Third-party logistics, a concept in logistics; the Three parameter logistic model in item response theory; a glossing abbreviation meaning "third ...
Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor.
The idea for Menlo Logistics was developed in the late 1980s. At that time, CF Inc.’s director of marketing, John Williford, presented the idea for the company's creation — an organization that offered warehouse, inventory, and transportation management as well as full integration of supply chain links through customized systems and software — to upper management.
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