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Study Forecasts * Worldwide - 3PL Slowdown Goes Global
China bucks global trend of lower growth forecasts for Asian, European and Latin American 3PLs
Shanghai,China -The Journal of Commerce Magazine (USA), by David Biederman -Feb 8, 2010: -- Like their counterparts in the U.S., third-party logistics providers in Europe, Asia-Pacific and Latin America enter 2010 with lower growth expectations... European and Asia-Pacific 3PLs that reported layoffs in 2009 averaged work force reductions of 12 and 9 percent, respectively... Three-year growth forecasts for regional European 3PL markets have shrunk from 6.5 percent in 2008 to 4.9 percent this year, according to the 2009 14th Annual Third-Party Logistics Study, released by Capgemini Consulting and the Georgia Institute of Technology... Company growth projections for the three-year period fell from 10 percent to 8.7 percent... For Asia-Pacific 3PLs, three-year growth projections fell from 23 percent in 2008 to 16.7 percent in 2009... Labels: study
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