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Jul 19, 2006

Prognosis - UK - Analyst Predicts Significant 3PL Growth

UK -TNN -18 July 2006: -- Global expenditure on outsourced third-party logistics (3PL) services across contract logistics, air and sea freight, and road transport is set to increase significantly over the coming five years, according to independent market analyst Datamonitor’s latest research Logistics Global Outlook 2006... The research reveals that while the EU17 (Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Spain, Sweden, and the United Kingdom) will remain the region with the largest spending on 3PL services, the largest growth in demand for 3PLs is expected to occur in Asia-Pacific (APAC)—expected to account for almost one-fifth of global spend on 3PL services by 2010...

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