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.
The Impact of Middle East Unrest on Global Logistics
The recent escalation of tensions in the Middle East has sent shockwaves through the global logistics sector, raising concerns about… Read More
Net Feasa Revolutionizes Supply Chain Visibility with Expanded Vessel Control Tower
Net Feasa, renowned for its groundbreaking vessel-based wireless connectivity solutions for shipping containers, has unveiled an expanded Vessel Control Tower… Read More
Global Trade Magazine Calls for Nominations for Annual Women in Logistics Feature
April 12, 2024 – Global Trade Magazine, a premier publication focused on international trade and logistics, is excited to announce… Read More
New Descartes MacroPoint™ Capabilities Help Combat Fraud in Transportation and Logistics
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the availability of Descartes MacroPoint™… Read More
Build Streamlined Logistics with Route Optimization Algorithms
Today’s fleet owners and other logistics professionals seek practical solutions to boost competitiveness and cut unnecessary costs. Many are beginning… Read More
Supply Chain Professionals Are at Risk of Spear Phishing: Here’s How to Address It
Supply chain professionals hold plenty of sensitive information about businesses and their beneficiaries. Guarding this data has become more challenging… Read More
2024 Brings More Nearshoring and Freight Fraud
Some market trends continue to take center stage over others as 2024 continues. We’ll see an uptick in fraud and… Read More
ODW Logistics to Showcase Innovative Retail Consolidation Solutions at Shoptalk 2024 in Las Vegas
ODW Logistics Helps Retailers Save Over 30% On Transportation Expenses And Contribute To A Greener Environment ODW Logistics, a rapidly… Read More
Synergy Logistics and Techdinamics Revolutionize Shipping Integration for Efficient Warehouse Management
Synergy Logistics, a leader in warehouse technology innovation, has recently announced a groundbreaking partnership with Techdinamics, a renowned provider of… Read More
Gebrüder Weiss Expands Cross-Border Services, Bolstering Mexico-U.S. Trade Route
Gebrüder Weiss, a global leader in transport and logistics, extends its reach in the dynamic Mexico-U.S. trade corridor with the… Read More
Supply Chain Challenges in Offshore Wind Industry
The challenges facing the supply chain in the offshore wind industry are expected to be significant. According to experts, there… Read More
How AMRs Are Fulfilling the Potential of Automation in Modern Supply Chains
Supply chains have been slow and disruption-prone in the COVID-19 era, largely because of operational deficiencies and a lack of… Read More
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