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.
COVID-19 has brought about a digital transformation with businesses transferring their operations to deal with restricted movement, supply interruption, and… Read More
Infosys Consulting released the 22nd Annual Third-Party Logistics Study this year, proving key insights and trends to keep a watch… Read More
Team Worldwide, a leader in 3PL and global freight forwarder, announced this week expansion efforts for the company’s Seattle branch,… Read More
Dubai World Central has decided to implement and designate Hermes Logistics Technologies and their Cloud H5 variant to ensure full… Read More
One of the oldest heritage brands and a leader in the lawn and garden category, The Jobe’s Company, has officially… Read More
In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly… Read More
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