Study: '3PL logistics soon to be $1,800bn market'

A recent study by research firm Global Market Insights predicts that the market value of major 3PL players will rise to as much as $1,800 billion (€1,600 billion, ed.) by 2026. The study focuses on big names like FedEx, UPS, DHL, but also Kuehne + Nagel, Panalpina, Dachser and SNCF Geodis. According to the study, these big players are taking full advantage of the e-commerce boom and the growing demand for low-cost service solutions.