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.
Peel Ports and Awake.AI Forge Alliance to Elevate Port Operations with AI Solutions
Peel Ports Group has unveiled a strategic collaboration with Awake.AI, signaling a landmark partnership aimed at harnessing AI-based solutions to… Read More
CLX Logistics Renews Partnership with BluJay Solutions
CLX Logistics, LLC a leader in global delivery of logistics services and technology solutions, today announced the renewal of its… Read More
CaroTrans-Craft Expands Service Portfolio
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced the expansion of its cooperation… Read More
DISPATCHES
Going to a box to open a box to retrieve a box holding an Xbox? That’s what played out at… Read More
INFOGRAPHIC: What Affects Freight Rates?
For an industry that has such a big impact on the economy and people’s lives, logistics is subject to a… Read More
From Bean To Bar Chocolate
Regardless of your specific line of business, if you are selling a product, one of the most important aspects of… Read More
US International Trade Policy Set To Harden, Suggests BDP Survey
How does the US perceive free trade with its global partners? For many years, as various US administrations forged deals… Read More
Another Air Cargo Service Out of Rickenbacker Creating Connections
Trinity Logistics USA Inc., and Etihad Airways have collaborated on operating a 777F freighter between Vietnam’s Hanoi International Airport (HAN)… Read More
DHL Launches Final Mile Logistics Solution
DHL Supply Chain has launched a new service logistics solution for the medical device sector which consolidates field inventory into… Read More
Haversack Logistics Launches First-Party Logistics Management Service
For years, shippers have been limited to two principal strategies for managing logistics and transportation: keep the function in-house and… Read More
Yusen Logistics Extends Business with AstraZeneca
AstraZeneca has expanded its partnership with healthcare logistics provider Yusen Logistics for the global distribution of its products. As a… Read More
UPS Technology Speeds Training For Holiday Workers
UPS has unveiled two innovative technologies that will ease and accelerate training for many of the nearly 95,000 seasonal workers… Read More
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