Logistics & Transport

Third-party Logistics Industry in China

Definition and categorization of 3PL Third-party logistics service providers (‘‘3PL providers’’) typically specialize in integrated operations such as warehousing and transportation services which can be scaled and customized to meet customers’ individual needs based on market conditions, including the demands and delivery service requirements for their products and materials. 3PL providers target particular functions within the supply chain management process such as warehousing or transportation. The advantages of outsourcing logistics to 3PL service providers include low capital commitment, cost savings and flexibility. First, there is no need for a warehouse…

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Logistics & Transport

China Cold Chain Logistics Industry Keep Steady Increase in 2017

First, the CAGR of Cold Chain Logistics Industry increased by 20% in the next 3 to 5 years, and cold chain facility demand maintains steady growth. From three stages of “the first kilometer”, “circulation” and “the last kilometer”, cold chain equipment industry, corresponding to the pre-cooling equipment, cold storage equipment, refrigerated trucks/refrigerated container transport equipment, “the last kilometer equipment” and so on, of which cold storage and refrigerated trucks are the core of the equipment links. The first and the last kilometer links are the large part of the potential…

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