THE IMPACT OF COVID-19 AND HOW IT IS TRANSFORMING THE LOGISTICS AND 3PL INDUSTRY
Another trend that Bruining has seen emerge is the demand for flexibility . “ As the world becomes increasingly globalised , and consumer demand for fast and free shipping keeps climbing , so does the demand for 3PL services . Not only does the industry continue to grow , but 3PLs share of shippers ’ routing guides continues to grow . 3PLs are also expanding their scope of services , giving shippers access to more solutions without managing more relationships .”
THE IMPACT OF COVID-19 AND HOW IT IS TRANSFORMING THE LOGISTICS AND 3PL INDUSTRY
With the effects of COVID-19 , significantly impacting supply chains around the world , Bruining explains that “ the shock to international supply chains since the pandemic broke out has been unparalleled . In April , global air freight capacity was down 38.7 % yearon-year as passenger flights were taken out of commission , causing air freight rates to surge . ‘ Almost all trade
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