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The forward-looking 2025 Third-Party Logistics Study survey is now live, and we are seeking input from supply chain professionals. Please click here if you would like to participate. This year’s main topics include artificial intelligence (AI) and the supply chain; change management; and the evolution of direct-to-consumer service expectations. The study will also provide continuing the conversation updates and allow for further context on current industry trends.

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Supply chain management is often regarded as a dynamic and ever-evolving industry, but what's the perspective of the young professionals entering this field?

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Volatility in supply chains remains, but an overall softening of freight has created opportunities for shippers to realign and reshuffle allocations of business as they focus on resilience, cost management and strong relationships.

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Relationships and collaboration are essential to the success of end-to-end supply chains and remain at the center of today’s supply chains. Shippers and third-party logistics companies are forming strategic partnerships and working together to improve decision-making, manage costs and increase agility.

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Penske Logistics will once again take part in the upcoming Council of Supply Chain Management Professionals (CSCMP) EDGE conference. Penske will be an exhibitor, topflight sponsor, and feature several experts during the conference educational sessions.

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Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Third-party logistics providers have played increasingly significant roles with shippers, providing data management, visibility and analytics that are helping to transform supply chain networks.

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The 2024 Third-Party Logistics Study survey is now live and is seeking input from supply chain professionals. Please click here to take part. It will close on June 30.

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Throughout 2021, surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the logistics sector, but a stuttering rebalancing of demand and supply is currently underway as the economy has slowed. However, those within the logistics industry should continue to expect the unexpected and focus on collaboration and contingency planning within their operations as they work towards greater stability.

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While the past year has brought some stability back to selected areas of the supply chain, global businesses continue to face volatility and uncertainty. Even supply chains that are well-equipped with talent, technologies, and financial resources have experienced significant challenges, and the quality of relationships between third-party logistics providers, and shippers, is a vital component of overall supply chain success.

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Surging demand, tight capacity, supply chain disruptions and inflation kept intense pressures on the entire logistics sector throughout 2021, and 2022 seems to be offering little respite as uncertainties linger. Shippers are increasingly seeking the assistance of third-party logistics providers in navigating supply chain complexity, service disruptions and surging customer demands.

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The yearly Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will return to an in-person presentation on June 21. Presented by Penske Logistics and authored by Kearney, this study will be unveiled at its traditional home, the National Press Club in Washington, D.C. CSCMP members can tune in via a livestream.

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Young professionals are seeking out roles in the supply chain to help make a difference, take advantage of a variety of opportunities, and experience the fast pace and challenges of keeping supply chains running on time.

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Resilience, innovation and a focus on strategic relationships are helping logisticians navigate challenging conditions that started last year and continue to disrupt supply chains globally.

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Penske Logistics will once again be a Global Sponsor of the upcoming Council of Supply Chain Management Professionals (CSCMP) EDGE conference in Atlanta, September 19-22. In addition, Penske executives will lend their expertise to a trio of educational sessions at the Georgia World Congress Center.

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Logisticians have a history of rising to the occasion in the face of hardship, and third-party logistics providers worked throughout 2020 to respond to supply chain disruptions, addressing unexpected challenges while driving efficiency and innovation.

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Mark your calendars for June 24 – the date that the 2021 edition of the Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report will be released. Presented by Penske Logistics, and researched and prepared by Kearney, it will be launched virtually. Click here to register.

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Penske Logistics, the Council of Supply Chain Management Professionals (CSCMP) and Korn Ferry are seeking young professionals working in the supply chain and logistics field to complete a survey. The goal is to find out what young professionals think about working in the supply chain field, why they are attracted to the business, and what are they looking for in a career? Access the survey here. It is open until April 30.

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The past year was filled with disruption, but the lessons learned throughout 2020 will continue to drive supply chain optimization and investments as companies work to mitigate risk and avoid delays.

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Penske Logistics is taking part in a Council of Supply Chain Management Professionals (CSCMP) webinar, 2021: The Road Ahead, on January 27. Andy Moses, senior vice president of sales and solutions, will join a panel of experts that examines challenges facing 2021 supply chains and discuss current industry trends.

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The 2021 25th Annual Third-Party Logistics Study shows that shippers and their third-party logistics providers are working together to create positive relationships as well as a competitive advantage. Additionally, shippers have high expectations of what they need from logistics providers, and 3PLs are responding with increased technological and digital capabilities, improved service levels and greater efficiency.

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