Explore the latest industry news about third party logistics (3pls). Stay informed with trade articles by Global Trade industry experts.
A third party logistics (or 3PL) provider handles supply chain management logistics, a service that can include transportation, warehousing and delivery, but may also incorporate additional value-added services such as production or procurement. By outsourcing these functions, companies can achieve a cost savings over having to meet these demands internally. In addition to the economic benefits, 3pls can also deliver improved technical proficiency, through sophisticated IT systems that are often more advanced than those of the production or selling companies they serve. Since logistics is not a core business for many entities involved in global trade, the ability to turn these responsibilities over to a qualified 3pl provider allows companies to spend less time focusing on these tasks, and more time on the elements that made their respective businesses a success.
IN-HOUSE VS. 3PL: CONSIDER BOTH OPTIONS BEFORE CHOOSING THE ORDER FULFILLMENT OPTION THAT IS RIGHT FOR YOU
Otherwise known as a third-party logistics provider, a 3PL is utilized by a range of businesses to support logistics and… Read More
Order fulfillment can be labeled as the least appealing part of the e-commerce lifecycle. However, as unappealing as it is,… Read More
Growing pains aren’t just for new businesses. As any experienced business leader will tell you, even a well-established business will… Read More
Tyson Foods announced Transplace, a leading transportation management services and logistics technology solutions company, earned the company’s annual “3PL Provider of… Read More
Infosys Consulting released the 22nd Annual Third-Party Logistics Study this year, proving key insights and trends to keep a watch… Read More
Team Worldwide, a leader in 3PL and global freight forwarder, announced this week expansion efforts for the company’s Seattle branch,… Read More
Dubai World Central has decided to implement and designate Hermes Logistics Technologies and their Cloud H5 variant to ensure full… Read More
One of the oldest heritage brands and a leader in the lawn and garden category, The Jobe’s Company, has officially… Read More
With the project “Aero roll-cages conveyor system,” GEODIS in Italy has been named “2018 Logistics Player of the Year” in… Read More
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