Third-Party Logistics Market is Expected to Reach USD 1,753 Billion by 2028

Third-Party Logistics Market is projected to touch USD 1,753 Billion by 2028, registering a compound annual growth rate of 8.2% over the forecast period (2021-2028). Third-party logistics refers to outsourcing activities related to logistics and distribution by an organization, such as distribution, shipping operations, and warehousing. 3PL offers various services such as freight shipping, reverse logistics, inventory management, and personalization.

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