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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. The 4PL Market is Growing Exponentially. million USD in 2019. It is predicted to reach $78,981.5 The Future of 4PL.

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Manufacturing And Cloud Reluctance: What We Learned

GlobalTranz

Recently, our company has generated some reports of internal data and surveyed a collection of companies to better get an idea of trends in the manufacturing industry. A recent study on IoT from TATA’s TCS Global found that manufacturers who started utilizing cloud-based options in 2013-2014 were seeing a 28.5%

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Dangerous Savings: 6 Cost Cutting Supply Chain Strategies That Will Cost You in the Long Term

Locus

With the global last-mile market projected to hit the $200 billion mark by 2027, according to Statista, the financial impact of managing last-mile delivery is undeniably significant. Download Case Study 6. uptime: According to a survey, 62% of supply chain companies have been hit by cyberattacks. Achieving 99.5%

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

– Third-Party Logistics Study, 2022, NTT Data. Insights from an E-marketer study mentioned that by diversifying consumer experiences, D2C brands have successfully disrupted the retail industry. – Statista, 4PL market size from 2018-2027, Jun 2020. But things have drastically changed today. compared to this year.

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Trends in the Food and Beverage Industry

Trinity Logistics

Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 For example, a recent study showed categories such as meat, poultry, eggs, and dairy with significant spending declines in 2022 as consumers sought more shelf-stable and affordable items. billion in 2022. percent from 2023 to 2030.

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