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

UPS Technology Speeds Training For Holiday Workers

Haylle Sok 12:12 AM  10/20/2017

UPS has unveiled two innovative technologies that will ease and accelerate training for many of the nearly 95,000 seasonal workers… Read More

GEODIS Selects Amber Road to Boost Trade Compliance

Haylle Sok 12:02 AM  10/20/2017

Amber Road, a provider of global trade management (GTM) solutions, announced that GEODIS, a European transport and logistics provider, has… Read More

Asia Trade Facilitation Platform Expands Beyond ASEAN

Peter Buxbaum 12:01 AM  10/19/2017

Hive (Highly Interconnected and Vibrant E-trade), a freight forwarder platform powered by Global eTrade Services (GeTS) is set to facilitate… Read More

Multi Echelon Inventory Optimization

Tim Garfield 12:33 AM  10/17/2017

For more than 25 years, Neovia has provided spare parts logistics for a world-renowned British automotive manufacturer. In the spirit of… Read More

Wisetech Global Acquires Two Global Rate Management Solution Providers

Haylle Sok 12:02 AM  10/11/2017

WiseTech Global Limited has announced acquisitions of two global rate management solution providers: Netherlands-based Cargoguide, a leading provider of global… Read More

Software is No Longer a Barrier

Haylle Sok 12:48 AM  10/5/2017

Will digitization reshuffle the deck in the marketplace of logistics services? The IT experts at AXIT, a Siemens company, believe… Read More

Airspace Technologies Selected for Logistics Tech Accelerator

Haylle Sok 12:02 AM  10/5/2017

Airspace Technologies, a technology-enabled logistics company specializing in time-critical shipments, today announced that the company has joined the third cohort… Read More

One of Three Qualified Leads is Not Acceptable

Ian Addison 12:10 AM  10/4/2017

Before taking an account based sales and marketing approach, Schneider Logistics was seeing maybe one out of five leads engage… Read More

Optimizing Portfolio Mixes in Logistics and Transportation

Michael Bentley 12:22 AM  10/3/2017

Companies in every industry know the importance of effectively managing a diverse portfolio mix, but logistics and transportation companies can… Read More

RK Logistics Group Adds 50,000 Square Foot Distribution Center

Haylle Sok 12:56 AM  9/30/2017

RK Logistics Group, a third-party logistics (3PL) provider and innovator in full-spectrum supply chain support services, announced today a major… Read More

OUR ROAD TO RUAN

Haylle Sok 12:35 AM  9/29/2017

Ruan Transportation Management Systems—Ruan to its friends and customers, of which there are many—recently celebrated its 85th anniversary. We thought… Read More