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MOVING & LIFTING


FIVE ESSENTIAL TRENDS FOR 3PLS TO CAPTURE THE E-COMMERCE SURGE IN 2024


O


ngoing supply chain gains in e- commerce are driving demand for third-party logistics (3PL) providers to manage many businesses’ transport and logistics solutions. This is good


news for 3PLs. It also presents a challenge,


however, as global opportunities increase and businesses need to find ways to stay competitive and strengthen their market position. Here are some key market trends that could


help inform future growth strategy and find ways to streamline operations to maintain and improve efficiency.


The world of third-party logistics (3PL) is growing and, to keep the supply chain moving, 3PL providers need to keep ahead of the curve. Robert O’Donoghue, vice president marketing solutions at Yale Lift Truck Technologies presents five trends 3PL providers should consider for 2024.


1. RAPID SERVICE Customer expectations for fulfilment times are more demanding than ever. Consumers are now accustomed to one day deliveries and, as such, 41 per cent of global shoppers expect to receive goods within 24 hours. To meet growing customer expectations,


businesses need to invest in shipping and tracking capabilities through improved in- house fulfilment or outsourcing to a 3PL that


20 APRIL 2024 | FACTORY&HANDLINGSOLUTIONS


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