Pharmaceutical Third-Party Logistics Market Poised for Growth, Expected to Reach $319.6 Billion by 2034

Pharmaceutical Third-Party Logistics Market Poised for Growth, Expected to Reach $319.6 Billion by 2034

The pharmaceutical third-party logistics (3PL) market is set for significant expansion, with projections reaching $319.6 billion by 2034, up from $137.5 billion in 2024. This steady growth, at a compound annual growth rate (CAGR) of 8.8%, highlights the increasing importance of efficient and innovative supply chain solutions in the pharmaceutical industry. As global healthcare needs…

Norwegian Renewable Asset Installation Platform Secures $4M to Enhance Supply Chain Efficiency

Norwegian Renewable Asset Installation Platform Secures $4M to Enhance Supply Chain Efficiency

A renewable technology installation platform based in Norway has successfully raised $4 million in Seed funding to accelerate the deployment of clean energy solutions. The funding round was led by key investors focused on climate technology and innovation. Founded in 2022, the company aims to optimize the supply chain for renewable assets by streamlining the…

Expansion of EV Supply Chain Solutions in Asia Pacific Strengthens Industry Growth

Expansion of EV Supply Chain Solutions in Asia Pacific Strengthens Industry Growth

A major expansion in electric vehicle (EV) supply chain solutions is underway in the Asia Pacific region, with the establishment of three new Centers of Excellence (COEs) in 2024. These hubs will enhance end-to-end logistics capabilities, supporting the growing demand for EV production, battery materials, and aftermarket services. With Asia projected to account for 63%…