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.
Aims to Drive Efficiency Gains for International Supply Chain Customers
Kuehne + Nagel’s new comprehensive supply chain management platform, KN ESP, offers a modular architecture to connect international supply chain… Read More
Roadrunner Transportation Systems has announced the integration and rebranding of several operating companies into its Ascent Global Logistics operating segment…. Read More
Lineage Logistics, LLC, a provider of temperature-controlled supply chain solutions, broke ground last week on a significant expansion to its… Read More
Bolloré Logistics USA has inaugurated its new Foreign Trade Zone facility in Miami. The new site of more than 200,000… Read More
Penske Logistics announced it is introducing the next generation of truck fleet safety technology through a video-based safety program in… Read More
Third-party logistics provider Yusen Logistics has gained bonded status for its Bajio Logistics Center (BLC) in Mexico, which will enable… Read More
Triple T Transport, a third-party logistics and transportation management firm, has gone live with Smart Capacity, a next-generation freight matching… Read More
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