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.

Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market

A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More

DHL Barometer Shows Trade Growing

Haylle Sok 12:40 AM  1/19/2018

The DHL Global Trade Barometer for January 2018 indicates that global trade will continue to grow within the next three months…. Read More

The Next Generation of 3PL Warehouse Manager

Haylle Sok 12:20 AM  1/16/2018

3PL Central, a provider of a cloud-based Warehouse Management System (WMS), announced its release of SmartView, the next-generation of its… Read More

The Digital Freight Ecosystem

Zvi Schreiber 12:04 AM  1/15/2018

Carriers literally do the heavy lifting in international freight. Ocean carriers have sold directly to BCOs for a long time… Read More

The Digital Freight Ecosystem

Zvi Schreiber 12:48 AM  1/8/2018

Two years ago, I predicted 2016 would be the year international freight moves online. I was right and wrong. 2016… Read More

From Robotic Pickers to Drone Delivery

Brian Gallagher 12:23 AM  1/2/2018

Same-day or drone deliveries…behemoth online retailers acquiring brick-and-mortar grocery stores…click-and-collect delivery models that funnel consumers to a pick-up location: these… Read More

Trump Goes After Amazon on Twitter

Peter Buxbaum 12:20 AM  12/30/2017

President Donald Trump went after Amazon on Twitter yesterday, complaining that it’s paying the United States Postal Service too little… Read More

Is Home Depot Interested in XPO Logistics?

Peter Buxbaum 12:42 AM  12/28/2017

The possibility that Home Depot might make a bid for XPO Logistics has made headlines in recent days. So much… Read More

UPS, Fedex Applaud Tax Cuts

Peter Buxbaum 12:22 AM  12/28/2017

UPS and Fedex are applauding the passage of the Tax Cuts and Jobs Act, saying it will benefit the United… Read More

Yusen Logistics Expands Crossborder Operations in Laredo

Haylle Sok 12:11 AM  12/23/2017

Yusen Logistics (Americas) Inc. has secured a second warehouse in Laredo, Texas, to support the growing demand for import and… Read More

Yusen Logistics Extends Business in South Eastern Europe

Haylle Sok 12:24 AM  12/21/2017

Yusen Logistics (Europe) BV announced that it has reached an agreement to acquire Tibbett Logistics, a wholly-owned subsidiary of UK-based… Read More

ELD Mandate: More Changes for Shippers Than Carriers

Dan Broderick 12:45 AM  12/20/2017

Much has been written regarding the anticipated impact of the forthcoming electronic logging device (ELD) mandate on truckload capacity. However,… Read More