Today's rapid pace of change is adding complexity to the roles of shippers and their logistics providers, so many 3PLs have evolved from tactical service providers to collaborative partners that take on greater accountability and control. Providers have also increased their technology expectations, and 3PLs are responding with increased capabilities.

CEOs of third-party logistics services providers are confident about the current state and future revenue growth potential of both their companies and the regional 3PL industries.

Penske Logistics has become a sponsor of the 2014 edition of the annual Third-Party Logistics Study, joining Capgemini Consulting, Penn State University's Center for Supply Chain Research, Korn/Ferry International and eyefortransport.

Penske Logistics has upgraded its data center, which is now located a few miles away from its previous site in Beachwood, Ohio.

In spite of a slow economic climate, 74 percent of the North American logistics companies surveyed achieved or exceeded revenue projections in 2011. However, companies that failed to meet their financial projections were up sharply from 14 percent in 2010, to 26 percent in 2011.

Iconic motorcycle manufacturer Harley-Davidson has selected Penske Logistics to manage its logistics processes in Brazil.