Balance of Power 02/27/25
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Retired General Ben Hodges, Former Commanding General US Army Europe, states that it's really hard to say whether or not there looks like there are ingredients for peace between Ukraine and Russia. Rep. Haley Stevens (D) Michigan, shares her thoughts on President Trump saying that tariffs on auto imports are coming soon and discusses how this will affect her constituents. Andrew Hale, The Heritage Foundation Trade Policy Senior Policy Analyst, on Pres. Trump talking about a possible US-UK trade policy, and 25% tariffs on Canada & Mexico. (Source: Bloomberg)
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29 minutes ago
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Global 3PL Market to Surge Beyond $1.9 Trillion by 2030, Driven by E-commerce and Omni-channel Strategies
This comprehensive report offers an in-depth analysis of key trends and drivers, including global tariff impacts, technology advancements, and market forecasts, aiding strategic decision-making. 3PL services are pivotal for businesses striving to meet complex supply chain demands and consumer expectations amid globalization. Key services include warehousing, transport, and inventory management. Discover regional growth insights, particularly in the U.S. and China, and the competitive landscape with 477 featured companies. Third Party Logistics (3PL) Market Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Third Party Logistics (3PL) - Global Strategic Business Report" has been added to global market for Third Party Logistics (3PL) was valued at US$1.1 Trillion in 2024 and is projected to reach US$1.9 Trillion by 2030, growing at a CAGR of 8.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Third Party Logistics (3PL) market. Global Third Party Logistics (3PL) Market - Key Trends and Drivers SummarizedThe global 3PL market has seen substantial growth, driven by the increasing complexity of supply chains and the expansion of e-commerce. Businesses face heightened pressure to deliver products faster and more reliably across diverse geographies. This demand has led to a greater reliance on 3PL providers who can offer comprehensive, end-to-end supply chain solutions that address the challenges of global distribution and omni-channel sales strategies. Ongoing proliferation of omni-channel retailing, or multi-channel retailing, is driving momentum in the 3PL market. Omni-channel retailing leverages multiple channels such as retail stores, e-commerce platforms, teleshopping mediums and catalogue sales to engage and serve more number of customers. Additionally, 3PL services have become more appealing as companies seek to manage fluctuating demand more effectively, particularly in response to seasonal peaks or unexpected disruptions, such as those experienced during global crises. Technology plays a crucial role in this sector, with advancements in logistics software, automated warehousing, and data analytics enhancing the service offerings of 3PL providers, making them integral to modern supply chain growth in the 3PL market is driven by several factors, including technological innovations, globalization of supply chains, and changing consumer expectations. Technological advancements, such as the implementation of artificial intelligence, machine learning, and the Internet of Things (IoT), have transformed logistics operations, enabling 3PL providers to offer more efficient, accurate, and personalized services. The globalization of supply chains has compelled companies to seek 3PL partners that can navigate international logistics complexities, including compliance with diverse regulatory environments and managing logistics in varying market conditions. Moreover, consumer expectations for rapid delivery and real-time tracking have pressured companies to rely on 3PL providers that can incorporate advanced technology into their logistics operations to deliver a seamless and transparent customer experience. These drivers ensure that 3PL services remain crucial for businesses aiming to maintain competitive advantage in a fast-evolving ScopeThe report analyzes the Third Party Logistics (3PL) market, presented in terms of units. The analysis covers the key segments outlined Service Type (DTM, ITM, DCC/FF, W&D, and VALs) Transport Type (Roadways, Railways, Waterways, and Airways) End-Use (Manufacturing, Retail, Healthcare, Automotive, and Other End-Uses) Key Insights: Market Growth: Understand the significant growth trajectory of the DTM segment, which is expected to reach US$657.5 Billion by 2030 with a CAGR of a 8.8%. The ITM segment is also set to grow at 8.1% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $273.4 Billion in 2024, and China, forecasted to grow at an impressive 10.3% CAGR to reach $488.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as 24/7 Express Logistics, 3GTMS, Allcargo Logistics, Allen Lund Company, American Global Logistics and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Tariff Impact Analysis: Key Insights for 2025Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments and incorporates forward-looking insights into the market analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and Attributes: Report Attribute Details No. of Pages 1344 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.1 Trillion Forecasted Market Value (USD) by 2030 $1.9 Trillion Compound Annual Growth Rate 8.5% Regions Covered Global Key Topics Covered: MARKET OVERVIEW A Prelude to Supply Chain Management Concept of Logistics Transportation Modes in Logistics Different Fields of Logistics Third Party Logistics (3PL): A Conceptual Definition 3PL Market: Services Overview Advantages and Drawbacks of 3PL Types of 3PL Providers Categories of 3PL Providers 3PL Service Segments Fourth Party Logistics (4PL): An Overview Fifth Party Logistic (5PL) Third Party Logistics (3PL): A Brief Industry Overview Complexity in Supply Chain Management Builds Fertile Environment for 3PL Increasing Outsourcing of Logistics Operations Helps 3PL Market to Progress at Impressive Rate The Rising Tide of B2B & B2C eCommerce Lifts One Boat Higher than the Others Third Party Logistics (3PL) Global B2C & B2B Market for 2018-2024 (In US$ Billion) Key Benefits Offered Drive Wider Adoption of 3PL Access to Established Resource Network Benefit from Proven Industry Expertise Supply Chain Scalability & Flexibility Better Cargo Turnover & Superior Distribution Efficiency Better Inventory Management & Reduced Inventory Cost Benefits Focus on Core Business Operations Domestic Transportation Management (DTM) Leads Service Segment Roadways Remains Primary Transportation Mode Manufacturing Commands Major Value Share of 3PL Market Developing Regions Drive Future Growth of 3PL Market Asia Pacific (incl. China) Remains Leading Revenue Contributor Third Party Logistics (3PL) - Global Key Competitors Percentage Market Share in 2025 (E) 3PL Providers Exploit Advanced Technology for Efficient Warehousing M&A Activity Gathers Steam Recent Market Activity Globally Leading 3PL Providers: Customer Vertical and No. of Customer Relationships US 3PL Competitor Revenue Share (in %): 2020E Select Global Brands Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Manufacturing Sector: Driving Force behind 3PL Market Growth 3PL Assumes Critical Importance in Manufacturing Domain Expanding Retail Industry Generates Significant Opportunities Select Leading Retail Enterprises by Country: A Snapshot eCommerce Emerge as New Growth Driver E-commerce Challenges for 3PLs Omni Channel Retailing Underpins Volume Growth for 3PL Services Automotive Logistics: A Lucrative End-Use Vertical Transportation Services Drive Momentum Procurement Logistics Resolve Inbound Transportation Needs Distribution Logistics Simplify Outbound Movement of Products Production Logistics for Diverse Logistics Needs of Modern Production Lines Value Added Services Widen the Scope & Span of 3PL Market Reverse Logistics: A High-Utility Value-Added Service Multi Modal Transportation Finds Favor Key Drivers of the 3PL Market Globalization and Rising Trade Expansion of eCommerce Industry Increasing Focus on Core Competencies Focus on Embracing Advanced Technology Market Restraints Lack of Manufacturer Control on Logistics Service Manufacturer Reputation at Stake 3PL Providers Invest in IT Capabilities to Differentiate from Competition Key Opportunities for Warehouse Operators to Leverage Technology Warehouse Expansion vis-a-vis Labor Shortage Mounting Pressure to Push Bottom Lines eCommerce & Omni Channel Opportunity Improving Customer Experience Intense Competition from Amazon Technology Tools Seek Wider Role in 3PL Domain TMS Makes Its Way into 3PL Domain WMS Gaining Traction in Warehouse Management Cloud Technology Seeks to Expand Share in 3PL Technology Mix BI Systems Take Center Stage Big Data Emerges as New Focus Area FOCUS ON SELECT PLAYERS Some of the 477 companies featured in this Third Party Logistics (3PL) market report include: 24/7 Express Logistics, Inc. 3GTMS, Inc. Allcargo Logistics Ltd. Allen Lund Company American Global Logistics Americold APL Logistics Ltd. Arshiya Ltd. Anderson Trucking Service, Inc. Barloworld Logistics Atlanta Bonded Warehouse Corporation Atlas Logistics Automated Logistics Systems, Inc. Ascent Global Logistics Agility Public Warehousing Company KSCP For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Third Party Logistics (3PL) Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
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Walz, Hochul, Pritzker face off with Congress as Newsom battles Trump
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Immigrant rights groups say ICE officers 'ambush noncitizens' in courthouse arrests, ask judge to intervene
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