A 3PL is a third-party logistics company that is able to provide transportation equipment and resources to fit a shipper’s needs while connecting its carrier partners with the appropriate freight to be transported. In an industry with many moving parts and the evergreen threat of disruptions, 3PLs offer an unmatched ability to meet the challenges both shippers and carriers face within supply chain operations. It’s no wonder the 3PL world has erupted in recent years as partners continue to look more and more into outsourcing. As of this year, the market size of the 3PL industry is $196.4 billion, with growth expected to reach 3.2% ahead of 2022. One of the main reasons this market has steadily increased each year is the growing need to partner with a shipping expert as consumer demand continues to hold high levels. Many companies can only support in-house operations to a certain level before outsourcing logistics activities becomes the more viable option in regard to saving time and money.