Maximize 3PL Warehousing with Huge EPLI Insurance Limits
Maximizing your 3PL warehousing efficiency while securing huge EPLI insurance limits can be a game-changer for your business, offering you peace of mind and operational excellence—browse options now to see these opportunities unfold.
Understanding 3PL Warehousing
Third-party logistics (3PL) warehousing is a service that allows businesses to outsource their distribution, warehousing, and fulfillment services. This approach provides companies with the flexibility to scale operations without the need for significant capital investment in infrastructure. By leveraging 3PL services, businesses can focus on their core competencies while ensuring that their supply chain operations are handled efficiently.
According to recent industry reports, the global 3PL market size was valued at approximately $1 trillion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8% from 2021 to 20281. This growth is driven by increasing demand for efficient inventory management and the rise of e-commerce.