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

Troy Container Line Announces Newly Expanded Service to Ireland

Haylle Sok 7:00 AM  3/14/2016

Troy Container Line, Ltd., one of the world’s largest NVOCCs, today announced the launch of its newly expanded export services… Read More

Jaguar Freight Closes Hong Kong Office

Haylle Sok 3:00 AM  3/14/2016

Jaguar Freight, the New York-based logistics provider, has closed its Hong Kong office continuing its effort to centralize operations at… Read More

PT. Yusen Logistics Indonesia Launches Air Import Operation at Halim Airport

Haylle Sok 4:00 AM  3/13/2016

In launching its own air import operation at Halim Perdanakusuma International Airport, Jakarta, Indonesia, PT. Yusen Logistics Indonesia is now… Read More

UPS Reaffirms Commitment to Kenya With Expansion of Strategic Alliance

Peter Buxbaum 7:00 AM  3/10/2016

UPS has announced the consolidation of express and freight forwarding services through their existing authorized service contractor in Kenya, Freight… Read More

Tianjin Tianhai in $6-Billion Acquisition of Ingram Micro

Haylle Sok 5:00 AM  3/10/2016

Ingram Micro Inc. and Tianjin Tianhai Investment Company, Ltd. have entered into a merger agreement. Under the agreement, Tianjin Tianhai… Read More

UT Study Diagnoses Key Pitfalls in Management of Third-Party Logistics Relationships

Peter Buxbaum 8:00 AM  3/8/2016

More than 80 percent of domestic Fortune 500 companies outsource their logistics operations and most expect to use third-party logistics… Read More

TrueCommerce Launches Advanced Sales and Warehouse Integration for Sage 300 Users

Haylle Sok 7:00 AM  2/26/2016

TrueCommerce, a global provider of trading partner connectivity and integration solutions, has launched a new web-based advanced sales and warehouse… Read More

Swiss WorldCargo Accelerates e-AWB Implementation

Haylle Sok 5:00 AM  2/26/2016

Swiss WorldCargo, the air cargo division of SWISS, has been intensifying its efforts to adopt the new electronic air waybill… Read More

BDP Enhances Functionality of Chemical, Life Sciences Apps

Haylle Sok 8:00 AM  2/24/2016

BDP International, one of the world’s leading privately held logistics and transportation management firms, has enhanced the functionality and overall… Read More

Total Quality Logistics to Create 75 New Jobs in Miami

Peter Buxbaum 8:00 AM  2/23/2016

Total Quality Logistics (TQL), one of the largest freight-brokerage firms in the country, will be expanding in Miami and creating… Read More

Third Party Logistics Market to Surpass $925 Billion By 2020

Haylle Sok 8:00 AM  2/22/2016

According to a recent study conducted by Hexa Research, the global 3PL market is likely to surpass $925 billion in… Read More