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
DISPATCHES: C.H. ROBINSON’S NAVISPHERE VISION PROVIDES REAL-TIME SUPPLY CHAIN VISIBILITY
C.H. Robinson’s revolutionary new supply chain technology may not have been able to stop this summer’s hurricanes from slamming Texas… Read More
The Biggest Challenges Facing Logistics CIOs
What is the biggest challenge facing CIOs in the logistics industry? Cyberterrorism and finding qualified, experienced staff are the biggest… Read More
The World’s Top Logistics Providers: How Are They Preparing For The Future?
Logistics technology is moving forward at breakneck speed; in what aspects of logistics operations and sales do you believe technology… Read More
Introducing Ingram Micro Prime Fulfillment
Ingram Micro Commerce & Fulfillment, a strategic business unit of Ingram Micro Inc., announced the launch of Prime Fulfillment by… Read More
FMC Collects $925,000 In Penalty Payments
The Federal Maritime Commission has completed compromise agreements recovering a total of $925,000 in civil penalties with eight non-vessel-operating common… Read More
Hub Group Launches Freight Visibility Platform
Hub Group, a multimodal transportation solutions provider, announced today that it has launched Hub Group Connect, a tracking tool designed… Read More
Euroconsol Announces Direct Service from China to Poland
Euroconsol, a neutral global NVOCC and freight consolidator, has announced a new, direct less than container load and full container… Read More
Emergency Logistics Specialist Announces Further North American Expansion
Emergency logistics specialist Evolution Time Critical has further expanded its North American office. Since its Atlanta, Georgia, control center was… Read More
NEW SKIN IN THE GAME
Earlier this summer, the announcement came that Utah-based Nu Skin, a manufacturer of beauty and wellness solutions, had selected XPO… Read More
Competitors UPS and FedEx Unite to Demand Reform
The chief executives of UPS and FedEx authored a joint op-ed published in the Wall Street Journal calling for the… Read More
Investments in Rail Transportation Spur Advantages, Growth
Rail, or intermodal, transport is fast becoming the shipping mode of choice for many businesses – specifically as an alternative… Read More
« Previous 1 … 35 36 37 38 39 … 82 Next »