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.
Global Trade in 2026: AI Boom vs. Geopolitical Risks
The trajectory of global trade this year is being pulled between two significant opposing factors, according to an analysis from… Read More
Navigating the Future: Third-Party Logistics (3PL) Market to Surpass USD 4 Trillion by 2034
The global logistics industry is undergoing a transformation, and at the heart of this evolution lies the rapid expansion of… Read More
Tariff-Driven Turbulence: Why Hybrid 3PL Models Are the Key to Navigating Capacity Crunches
As global supply chains face the impact of shifting trade policies and fluctuating tariff environments, the logistics ecosystem is being… Read More
Global Investors Remain Calm Ahead of Trump’s Tariff Deadline
As global investors approach the deadline set by U.S. President Donald Trump for trade tariffs, market sentiment remains notably calm…. Read More
Smart Ports and IoT: The Digital Future of Global Freight Movement
Ports, one of the major aspects of the commerce industry across the globe, are experiencing significant changes in terms of… Read More
How Logistics Firms Respond to Security and Emergency Disruptions
Sudden disruptions can shake logistics operations to the core. A stolen shipment, a cyberattack on your tracking systems, or even… Read More
Conflict Ripples Raise Gulf Freight Costs as Maersk Halts Haifa Port Calls
Spot ocean freight rates from China to the Arabian Gulf are spiking amid heightened tensions in the Middle East, with… Read More
8 Crucial Documents Every Supply Chain Startup Needs
Launching a supply chain business can be exhilarating; the prospects of growth, collaboration and creativity are just around the corner…. Read More
Smart Ports and Digital Logistics: The Next Frontier in Global Trade
Over the last ten years, global trade has witnessed a significant change, especially in the sectors of logistics and ports…. Read More
How 5G Is Accelerating Global Supply Chain Efficiency
5G represents the latest standard in mobile networks and wireless technology. According to the GSMA, the global industry body, 5G… Read More
Why Supply Chains Need ‘Just-in-Case’ Contingency Plans This Year
Today’s logistics professionals and fleet owners know the importance of remaining flexible when faced with uncertainties and unexpected challenges. However,… Read More
Scale Smarter: How Automation Transforms Freight Scheduling
The temporary reduction of US tariffs has ignited a surge in orders across various industries. While this should be an… Read More
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