Surge in Pharmaceutical Third-Party Logistics Market in the United States Driven by Demand for Efficient Solutions

Surge in Pharmaceutical Third-Party Logistics Market in the United States Driven by Demand for Efficient Solutions

The Pharmaceutical Third-Party Logistics (3PL) market in the United States is experiencing significant growth, expected to reach a value of approximately US$319.6 billion by 2034, from US$137.5 billion in 2024. This growth reflects the increasing demand for efficient and specialized supply chain solutions within the pharmaceutical industry, as distribution complexities continue to rise. Pharmaceutical companies…

Strategic Expansion in U.S. Logistics Enhances Supply Chain Capabilities

Strategic Expansion in U.S. Logistics Enhances Supply Chain Capabilities

A leading global third-party logistics provider has significantly expanded its presence in the U.S. market through the acquisition of two key logistics firms. This strategic move enhances its capabilities to serve the rapidly growing U.S. e-commerce sector, particularly in the fashion, beauty, and lifestyle segments. With these acquisitions, the logistics provider now operates 7 million…

Hydrogen-Powered Truck Revolutionizes Sustainable Logistics

Hydrogen-Powered Truck Revolutionizes Sustainable Logistics

The logistics sector is taking a significant leap toward sustainability with the launch of the first hydrogen-powered truck dedicated to dry ice transportation. This milestone highlights the growing commitment to emission-free solutions and the continuous push for innovation in the industry. The newly deployed vehicle provides an efficient and eco-friendly alternative to conventional transport, demonstrating…