When first developed 3PL mainly meant transportation and warehousing. However, globalization, sourcing from new markets and shipper’s increasingly specific requirements have made it a necessity for the integration of other more sophisticated functions such as global services or information technology. This means 3PL’s now service almost all the aspects of the supply chain.
3PL value chain activities mainly include local and global transportation and warehousing, logistics management services, customized value added services and customer relationship management. However, even the most basic areas like transportation and warehousing, are growing at an annual rate of 5-6%.