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.
US trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during… Read More
Transport Pro equips Circle with freight intelligence, providing carrier insights and a faster, more efficient quoting and bidding process. Circle… Read More
E-commerce hasn’t slowed down since the boom experienced at the onset of the pandemic. Statista predicts online shopping to grow… Read More
The oversupply of containers is contributing to second-hand container market prices plummeting, Container xChange shared in a recent analysis. “The current situation of… Read More
Geek+ AMRs have allowed Bergler to fully automate picking operations in their highly anticipated logistics center. Geek+, the global leader… Read More
Fort Worth-based SEL Supply-Chain Solutions (SELSCS) announced today that they have opened their first Canada-based office in Edmonton, Alberta. The… Read More
Awery Aviation Software (Awery) CEO Vitaly Smilianets told delegates the CNS Partnership Conference 2022 that fixed rate booking would not make a… Read More
Ransomware cyber attacks on Costa Rican institutions have activated emergency measures across the shipping industry, as imports and exports have… Read More
Maritime Industry Begins Preparations For Future Launch of Container-on-Vessel Service to the Midwest
New value-added service to the supply chain will offer shippers transit at a lower cost The collaborative effort to launch… Read More
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