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A new survey from Armstrong Associates shows to no surprise that 3PLs are getting dragged down by the economic downturn with revenues down about 9% for the year. But, an interesting point is that 3PLs leaders continue to invest in IT technology proving the adage that while you sit and wait on WMS and TMS, your competitors are only getting stronger.

“The companies that continue to sink portions of their profits into IT, are going to prevail over those 'who ain’t got em,”' said Dick Armstrong, Chairman and CEO of Armstrong & Associates.

“Third-party logistics/global logistics: A lackluster year for 3PLs, says new Armstrong survey”
By Patrick Burnson, Logistics Management
May 21, 2009

Posted in Uncategorized
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