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.
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
Freight Forwarding and Digital Customer Service Five Years From Now
Today we shop in our pajamas, comfortable behind our screens. For consumers, ecommerce has become our baseline service expectation –… Read More
New UPS Phoenix Hub Adds Ecommerce Capacity
UPS has announced plans for a new package processing hub in Goodyear, Arizona, a rapidly growing commercial and residential community… Read More
The Modern 3PL: Why 2017 Calls for Radical Transparency
Business integrity and transparency have been making headlines in 2017 for a very good reason. Consumers today make the effort… Read More
WATCH: Legacy Systems and New IT Platforms
Thought leaders from transportation and logistics companies discuss the biggest challenges involved in migrating to new technologies, including change management… Read More
Global Logistics: Generation Digital
Markus Sontheimer, chief information officer at DB Schenker, discusses the importance of digital technologies to freight forwarders and others involved… Read More
New York City Renews Contract With XPO Logistics
XPO Logistics has announced that New York City Emergency Management (NYCEM) has renewed the company’s contract as logistics manager for… Read More
Why the Centrist Victory in France is Good for America
The victory of Emmanuel Macron, the centrist candidate who defeated populist, far-right contender Marine Le Pen in the recent French… Read More
XPO Logistics Launches Third Logistics Hub for European Wax Center
XPO Logistics has announced the opening of a third regional distribution center for European Wax Center, one of the fastest… Read More
UPS Now Transporting More Dangerous Goods
UPS has expanded its global dangerous goods shipping program by adding more than 400 new commodities that can be accepted… Read More
Smart Logistics Moves Steel Treatment Plant 5,600 Miles
Smart Logistics Group recently completed a project in which it moved four huge pieces on a breakbulk service of 25… Read More
Yusen Logistics Taps Into Route Master for Ocean Route Planning
Yusen Logistics is now using CargoSmart‘s Route Master to gain insights and optimize its ocean route planning. Providing extensive information… Read More
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