third party logistics study

The forward-looking 2025 Third-Party Logistics Study survey is now live, and we are seeking input from supply chain professionals. Please click here if you would like to participate. This year’s main topics include artificial intelligence (AI) and the supply chain; change management; and the evolution of direct-to-consumer service expectations. The study will also provide continuing the conversation updates and allow for further context on current industry trends.

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A new year can bring several unknowns, especially in transportation and logistics, which are navigating increased volatility and operational pressures. To help those within the industry prepare for the year ahead, we sat down with several industry experts to get their thoughts on capacity, operations, sustainability and how to prepare for 2024.

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Relationships and collaboration are essential to the success of end-to-end supply chains and remain at the center of today’s supply chains. Shippers and third-party logistics companies are forming strategic partnerships and working together to improve decision-making, manage costs and increase agility.

Overall, those relationships are working. The 2024 Third-Party Logistics Study found that 95% of shipper respondents agreed that their relationships are successful and 99% of 3PL respondents agreed that their relationships are successful.

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While the past year has brought some stability back to selected areas of the supply chain, global businesses continue to face volatility and uncertainty. Even supply chains that are well-equipped with talent, technologies, and financial resources have experienced significant challenges, and the quality of relationships between third-party logistics providers, and shippers, is a vital component of overall supply chain success.

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The 2021 25th Annual Third-Party Logistics Study shows that shippers and their third-party logistics providers are working together to create positive relationships as well as a competitive advantage. Additionally, shippers have high expectations of what they need from logistics providers, and 3PLs are responding with increased technological and digital capabilities, improved service levels and greater efficiency.

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Penske Logistics is supporting CSCMP EDGE 2020 Live! as a Global Sponsor. The Council of Supply Chain Management Professionals' annual conference is going virtual this year from September 20-23, with Penske Logistics president Marc Althen and senior vice president of sales and solutions Andy Moses participating as speakers.

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The survey is now live for the 2021 Third-Party Logistics Study: The State of Logistics Outsourcing, and we are seeking input from supply chain professionals. Please use this link to take the survey that closes on July 31.

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A group of Penske Logistics associates recently attended the Blockchain Supply Chain Summit in the Schreiber Center at Loyola University in Chicago. This year’s summit attendees included representatives from the business, academic, tech and consulting communities. Penske gave the leadoff presentation at the conference, titled Blockchain Empowered Interoperability: A Single Efficient Tech Ecosystem.

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The survey is now live for the 2020 Third-Party Logistics Study: The State of Logistics Outsourcing, and we are seeking input from supply chain professionals. Please use this link to take the survey that closes on May 17: https://bit.ly/2Ywp5WN

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Penske Logistics is a first-time sponsor of the 2019 Food Shippers of America Annual Conference. The conference, in Palm Desert, California, hosts top shippers of food and food-related products, key professionals representing a wide range of distribution formats, from club stores to food service installations, and innovative motor, rail, and intermodal providers.

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