3PLs continue to face challenging issues when it comes to managing a client’s supply chain—switching around the order for this year's ranking of top 3PLs.
Overall, company financials for 2021 were definitely better than 2020 but we're still waiting to see the pace of global recovery as the rest of the year plays out—and experts tell us it will be slowing down quite a bit.
Not only did COVID throw a huge problem at logistics providers but then Russia invaded Ukraine and then China instituted lockdown measures seemingly creating a long, never-ending hallway of critical issues. Capacity constraints, shipping delays, labor & equipment shortages, port congestion, rising costs, travel restrictions, war, and other disruptive factors are all playing a part.