Top 50 Chemical 3PLs Revealed
Written BY: Kevin Scarpati
ICIS Chemical Business magazine revealed today their Top 50 Chemical third-party logistics providers to the chemical sector for 2010.
“3PLs can be a critical part of the chemical supply chain, providing services such as warehousing, shipping, freight forwarding and other aspects of logistics management,” Joseph Chang, the Global Editor of ICIS Chemical Business magazine, said.
“As the chemical markets become more global and complex, the role of asset-based and non-asset-based 3PLs will only rise.”
The ICIS Top 50 list includes major companies with offices in North America, Europe, Asia, the Middle East, Latin America and Africa. The ICIS Top 50 Chemical 3PLs listing is available for download here.
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According to the report, HOYER, a 3PL company based out of Hamburg, Germany, topped the list of disclosed sales to the chemical sector, totaling €521 million. Quality Distribution out of Tampa, Fla. made $687 million in sales to the chemical sector according to the list, placing second in disclosed sales.
Bertschi and Katoen Natie, two Western European-based companies, place third and fourth on the list, respectively.
While several of the top companies serve less-developed regions such as Asia and Africa, the only company on the ICIS Top 50 list not headquartered in Europe or North America is APL Logistics. The Singapore-based 3PL company is based in Singapore, and totaled over $50 million in sales to the chemical sector last year.
Will Beacham, the Deputy Editor of ICIS Chemical Business magazine, thinks the chemical sector is going to have to keep finding creative solutions to continue moving forward in today’s business climate.
"The complexity and challenges of global and regional chemical logistics demand innovative solutions,” Beacham said. “Whether you're a buyer or seller of chemicals, it is worth considering whether a 3PL could benefit your business.”