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Article: U.S. 3rd parties hit the road to Rio. (Latin America)
- Article from:
- Logistics Management & Distribution Report
- Article date:
- August 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Third-party logistics companies are flocking to Latin America these days. Their goal: to bring U.S.-style logistics to this undeveloped but fast-growing market.
You'd think we were back in the days of the Gold Rush. U.S.-based third-party logistics companies are heading to Mexico and South America en masse. They are indeed hoping to strike gold - not with pickaxes and shovels, but with U.S.-style logistics management and information systems. And they are likely to hit paydirt, tapping into a fast-growing market in which demand for products outstrips companies' ability to deliver. In short, third parties have what Latin American companies urgently need: logistics ...