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.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
Americold Breaks Ground on Utah Expansion
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, has broken ground in Clearfield, Utah, to expand… Read More
RUSCON Acquires Top Logistics Company
RUSCON, a leading container transport company in Russia, has expanded its range of operations through the acquisition of SLG-Operating (Smart… Read More
Panalpina Rolling Out Single Warehouse Management System
Panalpina has reached a new milestone in the roll-out of its single warehouse management system (WMS) JDA across all of… Read More
The New World of Manufacturing
The traditional method of manufacturing products in Asia and shipping them across the globe is no longer sustainable – neither… Read More
NFI Launches Global Integrated Technology Suite
Supply chain solutions provider NFI has launched its new global integrated technology suite. The new technology provides customers the tools… Read More
Automate Global Trade Operations to Handle Ecommerce Growth
Retailers who are slow to adopt new online channels have suffered in slowing brick-and-mortar sales leading to store closures or… Read More
CMA CGM and Zim to Participate in Alibaba OneTouch
CMA CGM and ALIBABA OneTouch signed a memorandum of understanding last week in Hangzhou, China to seek cooperation between the… Read More
CEVA Expands Partnership with Mercedes in Brazil
CEVA Logistics, a supply chain management company, is consolidating its partnership with Mercedes-Benz in Brazil by renewing its existing business… Read More
The Secret Behind Asset-Based Intermodal Providers
As we talk to shippers across North America on the merits of intermodal, we continue to hear “you are just… Read More
2016: The Year of Online Transition
The world’s largest freight forwarders and carriers are making the online transition, research from Freightos has found. But forwarders sticking… Read More
Agility India Opens Life Sciences Center in Hyderabad
Agility, a leading global logistics provider, has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad… Read More
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