What's the future for family-owned 3PLs?
from DC Velocity
It's a familiar story: An enterprising party with a truck or some extra storage space starts a local business. Over time, the company extends its service menu and broadens its reach, becoming more of a full-service provider than simply a warehousing or trucking firm. Eventually, the business is passed down to the next generation of family members, who may further expand the operation. That story's been repeated countless times throughout the industry's history, and today, companies bearing family names still stand side by side with the giant global 3PLs. Indeed, some of the largest 3PLs, like C.H. Robinson, started out as family-owned businesses.
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