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.
Fulfillment in Logistics: How Does It Work and Why Is It Important in Ecommerce?
In the fast-paced world of ecommerce, the success of a business is often measured by the speed and efficiency with… Read More
Morrison Express Offering FTZ Expertise in El Paso
Morrison Express, a global logistics, transportation, and supply chain management provider, is expanding its offering in El Paso, Texas, providing… Read More
Top 10 U.S. Counties for Cargo Theft Incidents Revealed
The top 10 U.S. counties where cargo theft incidents are reported was topped by Los Angeles County, with 329 thefts… Read More
XPO Logistics Distributes Half a Million Christmas Trees to Michaels Stores
XPO Logistics, Inc., a leading global provider of transportation and logistics solutions, was selected by Michaels Stores, Inc. to design… Read More
Everything You Need To Know About 3PL
When it comes to third party logistics (or 3PL as it is commonly known as), there is a lot to… Read More
Transplace Acquires Lakeside Logistics
Transplace, a provider of transportation management services and logistics technology, has acquired Lakeside Logistics, a Canadian-based logistics services company. The… Read More
NASA Signs With PLS for Transportation Services
The North American Steel Alliance (NASA), a member-owned purchasing cooperative service in the metals distribution industry, has signed a transportation… Read More
Kuehne + Nagel Logistics Partner for Michelin in Poland
Kuehne + Nagel Poland signed an agreement with Michelin, one of the largest tire manufacturers in the world, to manage… Read More
Drone Solution for Warehouse Inventory
Geodis and Delta Drone have delivered the prototype of a drone that can be used in warehouses to manage inventory…. Read More
Warehouse Management Contract With Largest Brewer in East Africa
Bolloré Logistics Kenya has secured a contract to provide warehouse management services to Kenya Breweries Limited, a subsidiary of Diageo… Read More
Carmichael International Expands To Mexico
Carmichael International Service, one of North America’s largest customs brokerage and trade compliance specialists, has announced that it has expanded… Read More
CaroTrans Initiates First, Direct LCL Service from Poland to U.S.
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator has announced its first direct, weekly LCL service… Read More
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