Third-Party Logistics (3PL) Market Poised for Growth, Expected to Surpass USD 1.59 trillion by 2028

The “3PL Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” report has been added to ResearchAndMarkets.com’s offering. The Third-Party Logistics (3PL) Market, a critical component of global supply chain management, is experiencing a significant ascension with the market size estimated at USD 1.22 trillion in 2023, on track to reach… Continue reading Third-Party Logistics (3PL) Market Poised for Growth, Expected to Surpass USD 1.59 trillion by 2028

Supply Chain Solutions inks big lease at new-look Tempe industrial park

A new-to-market transportation and logistics firm is taking a big chunk out of a recently built East Valley industrial park. Michigan-based Supply Chain Solutions has signed a 156,751-square-foot lease at Sight Logistics Park in Tempe. Developer ViaWest Group broke ground in October 2022 on the two-building park totaling 356,904 square feet. The park, located at… Continue reading Supply Chain Solutions inks big lease at new-look Tempe industrial park

Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles

The company says supplier deliveries have been slow, pushing the manufacturer to spend more on airfreight Supply-chain shortages are slowing the rollout of Nikola’s hydrogen-powered big rigs. Steve Girsky, Nikola’s chief executive, says a shortage of pressurized fuel tanks and electric batteries is delaying production of the newest zero-emission technology for truckers. The hangups are… Continue reading Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles