Third-party logistics providers (3PLs)

Third-party logistics providers (3PLs)

Our exclusive guide to finding the right 3PL for your company

A third-party logistics provider (3PL) is an asset-based or non-asset-based company that manages one or more logistics processes or operations for another company. Revenues for the U.S. 3PL market broke $100 billion for the first time in 2005, according to Armstrong & Associates, which indicates the extent to which companies are willing to cede some control over their supply chains in order to focus on their core competencies.