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.
Trump Tariffs Promise Increased False Claims Act Scrutiny for Companies Throughout the Import Chain
Introduction In a series of actions since Inauguration Day, President Trump has imposed steep tariffs on key U.S. trading partners… Read More
Week Twelve in Trade – First 100 Days of the New Administration
U.S.-China Trade War Intensifies On April 8, 2025, President Trump issued an Executive Order raising the reciprocal tariff rate on Chinese imports… Read More
Unprecedented Changes in the Container Shipping Industry
The container shipping industry is experiencing unprecedented changes as record-breaking capacity and unexpected rate increases signal potential disruptions in the… Read More
SC Ports Restores Full Berth Capacity at Charleston, Boosts Big-Ship Handling with $23M Upgrade
South Carolina Ports has completed a key infrastructure project at the Wando Welch Terminal, restoring its ability to handle three… Read More
U.S. Tariff Freeze Offers Brief Relief—Except for China, Where Rates Spike to 125%
In a dramatic turn in global trade dynamics, U.S. President Donald Trump has announced a 90-day suspension of reciprocal tariffs… Read More
Week Eleven in Trade – First 100 Days of the New Administration
President Trump Issues Universal Reciprocal Tariff and Higher Individualized Rates for Certain Countries On April 2, 2025, President Trump issued… Read More
Global Shipping Faces Historic Climate Turning Point as IMO Considers Emissions Tax
The global shipping industry is on the brink of a historic transformation as the United Nations’ International Maritime Organization (IMO)… Read More
U.S. Trade Representative Highlights Progress Amidst Tariff Controversy
WASHINGTON (AP) — The United States’ top trade representative, Jamieson Greer, has reported that President Donald Trump’s extensive tariffs are… Read More
Trump’s Tariffs: What Supply Chain and Procurement Professionals Need to Know
Recent changes in U.S. trade policy, including the imposition of new tariffs and the suspension of the de minimis exemption,… Read More
Week Ten in Trade – First 100 Days of the New Administration
Commerce Department Establishes Standard Policy for Questionnaire Extensions in AD/CVD Proceedings The Department of Commerce issued a new policy to… Read More
Global Trade Security in the Age of AI
Artificial intelligence (AI) is transforming global trade security by providing advanced solutions for threat detection, risk management, and compliance. As… Read More
Smart Rental Strategies for Investors Near Major Logistics Centers
The need for rental properties close to important logistical hubs has increased due to the quick expansion of industry, e-commerce,… Read More
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