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Recent trends in 3pl

1. More Collaboration Between Shippers and 3PL Companies:

2. Rise of Mobile Apps:

3. Dedicated Technology Will Be Put to Better Use:

4. Use of Big Data:

5. Supply Chain and Economic Globalization

Growth of 3pl

3pl has evolved from transportation and warehouse to full service


supply chain management
3PL has become a integral part of shipping companies
Customer service over cost plays a vital role in performance of 3PL
Impact of technology has improved the efficiencies of 3PL

As per frost and Sullivan report 86% of fortune 500 companies use 3PL for
their supply chain management
Manufactures with unutilized warehouse space and transportation resources
are also starting 3PL operations to maximize their use of their assets

Logistics industry contributes 13% of total GDP (second in world, first


being china at 15%)
Logistics industry to touch $307bn by 2021
Make in India campaign has put in lot of investments in this industry
Introduction of GST could bring in more investments

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