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
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
Kuehne + Nagel Will Use INTTRA’s eVGM Service
INTTRA will become Kuehne + Nagel’s exclusive provider of service to submit its VGM information to ocean carriers. Kuehne +… Read More
Why Divested Companies Need 3PLs
Today’s volatile marketplace conditions make it difficult for newly divested companies to succeed without the expertise of a third-party logistics… Read More
Global Logistics Company Announces Weekly Shipping Shanghai to El Paso
TOC Logistics International (TOC), a global logistics leader based in Indianapolis, has launched a shared consolidation between Shanghai, China, and… Read More
Ekol Logistics Enters The Czech Republic
A leading 3PL in Turkey—Ekol Logistics—has entered the Czech Republic and made its first investment in this country in the… Read More
New European Union Customs Code Contains Pitfalls for Forwarders
The Union Customs Code (UCC), which was introduced across the European Union on May 1, includes rules that can be… Read More
EMO Trans Opens Malaysia Office
EMO Trans, Inc., a provider of international logistics and supply chain solutions, announced the opening of EMO Logistics Malaysia Sdn… Read More
Prime Distribution Services Opens New Location in Plainfield, Indiana
Prime Distribution Services (PDS), a Roadrunner Transportation Systems, Inc. company that provides warehousing, consolidation and transportation solutions, announced the opening… Read More
Federal Maritime Commission Collects $840,000 In Penalty Payments
The Federal Maritime Commission has announced that it has completed compromise agreements recovering a total of $840,000 in civil penalties… Read More
BNSF Logistics Opens Subsidiary in Mexico
BNSF Logistics, a multi-modal third-party logistics service provider, announces a new subsidiary in Mexico, BNSF Railway Servicios de Logistica. The… Read More
Livingston International Expands Services in Asia
With Asia’s importance as a key market for exporters and importers growing, Livingston International, a customs broker and trade compliance… Read More
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