Growing Logistics Industry in China

In China not many companies look to use 3PL companies for their logistics. The top 10 companies only own a 13% market share. The market is growing however, as companies are feeling heightened pressure to upgrade their supply chains. The logistics market in China grew at 26% from 2006 to 2007. Over 50% of American 3PL companies have plans to expand operations in China in the next few years.

Two recent conferences in Shanghai discussed these trends. Click here for the article