72% of 3PLs Expect Growth in the Next Year to be Below Their Original Forecasts

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The recently published 'European 3PL Market Report' has some stark insights into the 3PL business and how 3PL clients perceive their providers.

The recently published 'European 3PL Market Report' has some stark insights into the 3PL business and how 3PL clients perceive their providers.

The full report can be downloaded from http://events.eft.com/eu3pl/report.shtml

Over 400 executives were surveyed for the report and some very interesting findings were uncovered including:

  • Only 28% of respondents expect their company's growth to match original forecasts and 40% do not expect to see any worldwide economic turnaround until 2010/2011 and beyond.
  • 54% of 3PLs are combating the economic crisis by terminating unprofitable existing accounts.
  • Eastern Europe is now the most favoured region for 3PL growth potential above China for the first time
  • Poor Service is the number one reason why 3PL customers do not renew contracts with 55% citing this.

To get many more findings, graphs and statistics please download the report at http://events.eft.com/eu3pl/report.shtml

This report has been produced to coincide with the 6th European 3PL Summit which is being held in Brussels on November 5-7, 2008. This Summit is the leading meeting place for senior 3PL management and 3PL customers. It is the one event that CEO's leave the office for - 41 speakers are to present at the Summit including the CEO's/MD's of Panalpina, CEVA, DHL, TDG, Norbert Dentressangle, Agility, Schneider, Ewals and Menlo plus 3PL user presentations from Procter and Gamble, Nike, PepsiCo, Baxter, JCB, Kimberley Clark, Eurocopter, GE, Diageo and Ericcson.

You can view the full 3PL Summit agenda at http://events.eft.com/eu3pl/

For further details about the report or the Summit please contact:

Chris Saynor
CEO, eyefortransport
+44 20 7375 7529
csaynor @ eyefortransport.com

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