Penske Logistics is a first-time sponsor of this 18th annual study, initiated by Dr. C. John Langley, clinical professor, supply chain information systems and director of development, center for supply chain research at Smeal College of Business at Penn State University. There are three videos embedded within this post. Dr. Langley offered highlights of the study and Shanton Wilcox, principal, logistics and fulfillment leader for Capgemini Consulting, offered his take on global trade management. Zack Deming, principal at Korn/Ferry International, talked about smart growth leaders.

The 2014 Third-Party Logistics Study: The State of Logistics Outsourcing is sponsored jointly by Capgemini Consulting, Penn State's Center for Supply Chain Research, Korn/Ferry International, Penske Logistics, and eyefortransport. Visit www.3PLstudy.com for more information.

For 18 years this study has documented the significant transformation of the 3PL industry, which examines the global outsourced marketplace across topics such as big data, preferential sourcing, smart growth and shipper-3PL relationships.

Encouragingly, shippers continue to recognize the important role 3PLs can play in the new normal, as nearly all shipper respondents (91 per cent) stated they regard their relationships with 3PLs as important or strategic in today's global marketplace.

Be sure to visit the Penske Logistics YouTube channel for additional content.

By “Move Ahead” Staff