2023 OPPORTUNITIES AND CHALLENGES While many 3PLs expect the positive momentum to continue in 2023, the top three potential challenges they see on the horizon include managing costs (53%), finding and retaining workers (48%), and operational efficiency (47%). Of note, last year operational efficiency ranked as the largest challenge and has dropped slightly based on costs and labor concerns. The most dramatic increase year-over-year came from finding and acquiring warehouse space, which jumped from 21% in 2021 to 35% in 2022. *Three selections allowed. 2022 Third-Party Logistics Warehouse Benchmark Report | 16