Business, Freight News, Logistics

Third-Party Logistics Companies See Record Sales

[ August 4, 2021   //   ]

Capstone Partners, a leading middle market investment banking firm, released its June 2021 Transportation & Logistics Public Earnings Update, reporting that third-party logistics companies saw record sales due to the shift in consumer behavior towards e-commerce, with the pandemic playing an important role. The demand for transportation has also strengthened and contributed to higher rates across the industry.