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.
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
Measuring Success in the Warehouse
Each year the Warehousing Education and Research Council (WERC) conducts the DC Measures study to provide clarity to organizations who… Read More
Ocean Carrier Evergreen Rolls Out Freight Services for Alibaba.com Members
Evergreen Line has teamed up with Alibaba.com, a leading wholesale marketplace for global trade under Alibaba Group, to provide Alibaba.com… Read More
JF Hillebrand And Maersk Line Sign Carbon Pact
As companies increasingly recognize the importance of incorporating sustainability aspirations into their business activities, Maersk Line, world’s largest container carrier… Read More
Technology and Capital Changing 3PL Landscape for the Better
The days of freight brokers operating with three phones and their hair on fire desperately looking for a carrier back… Read More
US 3PLs Had Mediocre Year in 2016, Says Armstrong Report
2016 was a mediocre year for third-party logistics in the United States, according to a report recently released by Armstrong… Read More
Are Freight Forwarders Stuck in a Perpetual Pricing War?
It happens every single day in boardrooms across the world. Shipping executives huddle in the morning and decide how much… Read More
Lineage Logistics Acquires European Automated Warehouse Leader
Lineage Logistics, one of the world’s largest temperature-controlled warehousing and logistics companies, announced yesterday it has acquired Partner Logistics, Europe’s… Read More
UPS Opens New Healthcare Facility In Colombia
UPS has announced the opening of its new healthcare-dedicated facility in Colombia. The 76,000-square-foot center represents UPS’s latest investment in… Read More
Digitization in the Ocean Industry is at a Tipping Point
INTTRA, the ocean container shipping industry’s largest neutral electronic transaction platform and information provider, hosted executives at its Technology Summit… Read More
Freight Forwarding and Digital Customer Service Five Years From Now
Today we shop in our pajamas, comfortable behind our screens. For consumers, ecommerce has become our baseline service expectation –… Read More
New UPS Phoenix Hub Adds Ecommerce Capacity
UPS has announced plans for a new package processing hub in Goodyear, Arizona, a rapidly growing commercial and residential community… Read More
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