“A Study of Commercial Vehicle Leasing Model Used By 3PL Companies in India “
3PL(third party logistics) company offers outsourced logistics services ,which basically looks after the management of one or more facets of procurement & fulfillment activities .A 3PL can be a
system wide bundle of services capable of handling SCM(supply chain management).A 3PL service to handle logistics, such as packaging, warehousing, fulfillment and distribution, is cost savings.
Most of the e-commerce and food chain industries are having a tie -up with the 3PL companies to look after their services operations and supply chain management because 3PL providers handle a
wide range of services compared to forwarders.