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3PL growth outpacing GDP

from Material Handling & Logistics

The 3PL industry is growing at a faster rate in 2013 than gross domestic product, according to analysts from Tompkins International. However, their analysis calls for more aggressive growth than the 6 percent cited by other sources. "Global GDP is expected to expand by 2.2 percent and less than 2 percent in the U.S.," said Valerie Bonebrake, senior vice president, Tompkins International. "Tompkins believes 3PL growth will be three to four times GDP, or 7 to 10 percent for 2013." more

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