3PL CEOs are optimistic about growth prospects, according to annual survey
A focus on growth, regardless of its pace, was a key underlying theme in the results of the 20th Annual Survey of Third-Party Logistics CEOs, which was released last week in conjunction with the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in Denver.
Latest NewsState of Logistics 2016: Pursue mutual benefit Complexity of e-tailing is having impact on “middle markets” says JLL Truck tonnage is mixed in January, reports ATA XPO Logistics posts strong Q4 and full-year 2016 earnings results The Internet of Things and the Modern Supply Chain More News
Latest ResourceThe Internet of Things and the Modern Supply Chain Learn today how the internet of things is transforming supply chain operations.
The 20th Annual Survey of Third-Party Logistics Provider CEOs revealed that despite a slow economy, North American CEOs have their sights set on growth, expecting their companies to increase revenues by an average of 14.6% over the next three years.
Conducted by Dr. Robert Lieb, professor of Supply Chain Management at Northeastern University, the survey was sponsored by Penske Logistics. This year, 3PL CEOs, surveyed in North America, Europe and the Asia-Pacific regions, are generally optimistic about company and industry growth prospects over the next one and three-year periods. North American and European CEOs forecasted higher three year company revenue growth projections than last year, 14.6% and 10.3%, respectively. For the three-year period, Asia-Pacific CEOs projected 11.6% growth, down from 12.5% in 2012.
Click here to read the full story on the Logistics Management website.
About the AuthorJeff Berman, Group News Editor Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Carrier Consolidation Keeps Shippers Guessing Getting Value from the Cloud View More From this Issue