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.
Building a Resilient Supply Chain with Advanced Predictive Analytics
Global supply chains have made front-page news for all the wrong reasons in recent years. The pandemic shook the foundation… Read More
Should Freight Carriers Swipe Left on Digital Freight Matching?
To date, most of the conversation surrounding Digital Freight Matching (DFM)—essentially digital apps matching capacity with cargo like Uber does… Read More
New Packaging Technology
Sealed Air Corporation has launched its StealthWrap ultra-durable cartoning solution, a patented micro-layer, opaque alternative which allows primary package cartons… Read More
UPS to Acquire Global Clinical Supply Chain Provider
UPS will acquire Marken, a global provider of supply chain solutions to the life sciences industry. The transaction, which provides… Read More
Countdown to Black Friday: Is Your Supply Chain Wired for Success?
In many ways, technology can be the determining factor of what makes or breaks major logistics events, like the upcoming… Read More
Hub Group Completes First Year of #CauseContainer
Hub Group, Inc., one of the largest intermodal solutions providers in North America, announced today that nearly $70,000 was raised… Read More
Countdown to Black Friday: Two Tips to Help Ease the Customs Process
As consumers eagerly anticipate the Black Friday deals, shipments of the products they can’t wait to purchase are still making… Read More
Countdown to Black Friday: Are You an Easy Target for Cargo Theft?
With Black Friday on the horizon, consumer goods of all kinds are making their way from manufacturers to distribution centers… Read More
Revolutionizing Global Draft Beer Supply Chain
When it comes to exporting beer across the Atlantic, brewers have been forced to compromise either quality or cost. They… Read More
CaroTrans Adds Direct Atlanta-Gothenburg Link
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, began a new Northern Europe service connection with… Read More
Countdown to Black Friday: From Across Oceans to Store Shelves
Black Friday: a shopping bonanza for bargain-hungry consumers and a day of record-breaking sales for retailers. It’s also the ultimate… Read More
New Ecommerce Fulfilment Solution
Wincanton, the largest British logistics firm, has partnered with Majestic Wine, the UK’s largest specialist retailer of wine, to implement… Read More
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