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
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
project44 Extends Visibility With Trucking Offerings
project44, a logistics and transportation connectivity and visibility provider, introduced new capabilities designed to enable multimodal visibility across a single… Read More
Intermodal Shippers: How to Avoid Extra Charges
Intermodal shippers often wonder what the difference is between demurrage, detention, per diem, and storage charges. The confusion of the… Read More
Carmichael International Expands Customs Brokerage Network To Detroit
Carmichael International Service, one of North America’s largest customs brokerage and trade compliance specialists, has announced it is expanding into… Read More
Fashion Jobs You Didn’t Know Were Connected to International Trade
When you think haute couture, you think of the fashion capitals of the world – Milan, Paris, New York, London,… Read More
Site Selection: Americold Purchases Additional San Antonio Facility
Americold has announced that it has purchased a temperature-controlled storage facility in San Antonio, Texas, adding another state-of-the-art food distribution… Read More
US Exports Drive Demand for Added Service at Rickenbacker International Airport
After an immensely successful partnership moving both imports and exports via weekly wide-body freighter service to Rickenbacker International Airport in… Read More
Panalpina Deploys Artificial Intelligence to Offer Differentiated International Trade Service
ClearMetal, the predictive logistics company, announced today that leading freight forwarder Panalpina is engaging with its machine learning and artificial… Read More
Fulfillment Logistics of the Future
UPS and Sealed Air Corporation have announced the opening of a Packaging Innovation Center in Louisville, Kentucky on the UPS… Read More
Transplace Helps Shippers Join International Trade Emissions Reduction Initiative
Transplace, a provider of transportation management services and logistics technology solutions, announced that Welch’s, Del Monte Foods, Inc. and other… Read More
Site Selection: SEKO Logistics Invests to Keep Pace With Online Sales
SEKO Logistics is keeping pace with growth in UK retailers’ online sales by investing in a further 152,000 square-foot logistics… Read More
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