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
The Uber-ization of US Trucking is only Speeding Up
US trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during… Read More
Transport Pro Integration Expedites Data-Driven Spot Quoting for Circle Logistics
Transport Pro equips Circle with freight intelligence, providing carrier insights and a faster, more efficient quoting and bidding process. Circle… Read More
Protecting Your Cargo from Costly Last Mile Delivery Mishaps
E-commerce hasn’t slowed down since the boom experienced at the onset of the pandemic. Statista predicts online shopping to grow… Read More
What 3PL’s Need To Gain a Competitive Advantage
The third-party logistics (3PL) industry has been the ongoing answer to the never-ending supply chain crunch. Constant volatility between labor… Read More
An Introduction to the 5 R’s of Reverse Logistics
One of the most valuable and yet overlooked components of any company’s supply chain is the process of managing returns…. Read More
Oversupply of Containers Leading to Second-Hand Container Market Price Correction
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+ automates German 3PL provider Bergler’s picking operations
Geek+ AMRs have allowed Bergler to fully automate picking operations in their highly anticipated logistics center. Geek+, the global leader… Read More
Ashdod Port Adds New STS Cranes
Ashdod Port has taken delivery of five semi-automatic Ship-to-shore (STS) cranes to reduce congestion at its facilities and increase the port’s… Read More
Sel Supply-Chain Solutions Opens Edmonton, Alberta Canada Office
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
Spot Pricing Will Dominate Air Cargo Bookings As Digitization Continues To Drive Market Change
Awery Aviation Software (Awery) CEO Vitaly Smilianets told delegates the CNS Partnership Conference 2022 that fixed rate booking would not make a… Read More
Cyber Attacks on Costa Rica Prompt Action From Carriers
Ransomware cyber attacks on Costa Rican institutions have activated emergency measures across the shipping industry, as imports and exports have… Read More
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