The Third Party Logistics (3PL) Market is expected to grow at a CAGR of 5% over the forecast period from 2016 to 2024. Third party logistics (3PL) can be defined as a person whole receives, holds or transports a consumer product in the ordinary course of business but does not take title to the product. Third party logistics providers are courier companies, freight providers and other companies offering subcontracted logistics and transport services.
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The Third Party Logistics (3PL) Market is expected to grow at a CAGR of 5% over the forecast period from 2016 to 2024. Third party logistics (3PL) can be defined as a person whole receives, holds or transports a consumer product in the ordinary course of business but does not take title to the product. Third party logistics providers are courier companies, freight providers and other companies offering subcontracted logistics and transport services.