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
WMS Helps Speed Up Logistics Processes
EUROLOGIC, a logistics operator and 3PL provider in the Moscow area, has implemented Infor Supply Chain Execution, a warehouse management… Read More
Choice Logistics Announces Strategic Relationship with NCE Group
Choice Logistics has entered into an agreement with NCE Group to provide repair and other technical services at Choice Logistics… Read More
3PL Market to Hit Over One-Trillion Dollars by 2022
The global third party logistics (3PL) market is projected to exceed $1 trillion by 2022 at an annual average growth… Read More
U.S-Thailand Trade May Benefit From CaroTrans/LEO Partnership
At a time when the global trade and shipping news out of Thailand has not been encouraging, there was one… Read More
Kerry Logistics Completes U.S. Acquisition
Kerry Logistics Network Limited, a Hong Kong-based logistics service provider, recently completed its acquisition of a majority stake in APEX… Read More
The Evolving Role of 3PLs
The list of services provided by 3PLs is constantly evolving. Born as transactional players, 3PLs have morphed into much more…. Read More
PT. Yusen Logistics Indonesia Launches Air Import Operation at Semarang Airport
PT. Yusen Logistics Indonesia has launched an air import operation at Semarang Airport (Achmad Yani International Airport). Services being provided… Read More
CaroTrans Adds Direct Busan-to-Atlanta LCL Service
CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, recently announced a new, weekly less-than-containerload (LCL) service… Read More
DHL Opens Life Science Competence Center at Amsterdam-Schiphol
DHL Global Forwarding opens a new logistics center for life science and healthcare products at Amsterdam-Schiphol. The new Life Science… Read More
CEVA Upgrades Customs Clearance Procedures in Brazil
CEVA Logistics, one of the world’s leading supply chain management companies, has significantly upgraded its clearance procedures in Brazil to… Read More
UPS To Launch On-Demand 3D Printing Manufacturing Network
UPS will launch a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at The UPS… Read More
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