3PL Market in India to Grow at a CAGR of 8.43% During 2015-2019 - Third-Party Logistics Market Report
3PL refers to the outsourcing of logistics and distribution activities by companies to logistics solution providers, known as 3PL providers. A 3PL provider is a company to which shippers (customers that transport goods using 3PL services) outsource a part or all of the supply chain management (SCM) functions of their logistics services. 3PL providers play significant role in handling customer logistics requirements, and perform transportation, location tracking, and sometimes product consolidation activities. The 3PL market in India to grow at...
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