3PL providers miss targets, fight costs

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Friday, 01 October 2010

Nearly half of Third Party Logistics (3PL) providers failed to meet their revenue growth targets in 2009, according to a recent survey that also says more than 90 per cent have now signed performance-based contracts with their clients.

In the Asia-Pacific region, the study also revealed provider concern over managing increased costs and dealing with 'unrealistic competition'.

Highlights of the report - The 17th Annual Survey of Third-Party Logistics (3PL) providers - can be read in the September-October 2010 issue of AirCargo Asia-Pacific.