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.

US Consumer Spending Trends Reshaping Container Shipping Dynamics

Recent estimates from Sea-Intelligence reveal a notable trend in US consumer spending dynamics, indicating a continued increase in expenditure despite… Read More

Euroconsol Announces Direct Service from China to Poland

Haylle Sok 12:44 AM  8/28/2017

Euroconsol, a neutral global NVOCC and freight consolidator, has announced a new, direct less than container load and full container… Read More

Emergency Logistics Specialist Announces Further North American Expansion

Haylle Sok 12:02 AM  8/22/2017

Emergency logistics specialist Evolution Time Critical has further expanded its North American office. Since its Atlanta, Georgia, control center was… Read More

NEW SKIN IN THE GAME

Haylle Sok 1:11 AM  8/20/2017

Earlier this summer, the announcement came that Utah-based Nu Skin, a manufacturer of beauty and wellness solutions, had selected XPO… Read More

Competitors UPS and FedEx Unite to Demand Reform

Peter Buxbaum 1:21 AM  8/15/2017

The chief executives of UPS and FedEx authored a joint op-ed published in the Wall Street Journal calling for the… Read More

Investments in Rail Transportation Spur Advantages, Growth

Andrew Lynch 1:47 AM  8/11/2017

Rail, or intermodal, transport is fast becoming the shipping mode of choice for many businesses – specifically as an alternative… Read More

CaroTrans Unveils Mobile App for Freight Management

Haylle Sok 1:03 AM  8/9/2017

CaroTrans, a leading global neutral NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced this week the launch of… Read More

JD.com Announces Alliance to Improve Crossborder Ecommerce

Haylle Sok 5:55 AM  8/1/2017

JD.com Inc., China’s largest retailer online or offline, launched a new crossborder alliance, bringing together 20 brands, industry authorities and… Read More

Four Reasons Why 3PL Brokerage Market Continues to Grow

Rick LaGore 12:03 AM  7/31/2017

According to the most recent market results and trends report from Armstrong & Associates, 2016 domestic transportation management increased 5.3… Read More

Chain.io Unveils Beta Release of Supply Chain Open Access Integration Platform

Haylle Sok 2:03 AM  7/24/2017

Chain.io, an innovator in cloud-based supply chain integration, has announced the beta release of its open access Chain.io Platform. The… Read More

“Product Freight” is Different Than “People Freight”

Rick LaGore 12:04 AM  7/24/2017

If your email box is anything like mine it is getting populated with three to five emails a week from… Read More

Kuehne + Nagel Expands its Position in Perishables Logistics

Haylle Sok 1:08 AM  7/22/2017

With the acquisition of CFI, Commodity Forwarders Inc., an airfreight forwarder of perishables products in the United States, and Trillvane… Read More