Manufacturing journalist, TR Cutler explored 3PL (third party logistics) exploding trend in the U.S. market during COVID-19 in the recent issue of Manufacturing Outlook magazine. Read the March issue here.
3PLs (Third Party Logistics) as a service and end-users will grow to $43 billion at a CAGR of 4% through 2022. The introduction of blockchain technology in the logistics industry is an emerging 3PL trend in the U.S. The digital platform offers a distributed transaction ledger. Identical copies of the ledger are easily maintained in multiple computer systems controlled by the stakeholders. The blockchain technology helps in developing a cost-efficient and effective supply chain.
3PL service providers are transforming the supply chain management system in emerging markets. These services help retailers to add value and enhance engagement with customers, while maximizing operational efficiency and improving profitability. Globally, 3PL service providers are investing in new technology, delivering data-driven solutions, broadening their service offerings, and expanding geographical reach to increase market share.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium.
During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q2 2020, to have an amazing pipeline of sales and sales content for Q3 2020 and beyond.
Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4200 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
Media Contact
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Email: Send Email
Phone: 954-682-6200
Address:3032 S. Oakland Forest Dr. S-2803 Unit 2803
City: Fort Lauderdale
State: FLORIDA
Country: United States
Website: http://www.trcutlerinc.com
