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
Big Data = Big Changes in Logistics, Transportation
One of the highlights of the annual Council of Supply Chain Management Professionals (CSCMP) conference is the unveiling of the… Read More
Agility Opens Logistics Park in Ghana
Agility, a global logistics and infrastructure provider, has opened a distribution park near Ghana’s main port, the first of a… Read More
TransForce Acquires XPO Logistics’ North American Truckload Business
TransForce Inc., a transportation and logistics services provider, announced yesterday that a wholly-owned subsidiary of TransForce has acquired the North… Read More
DHL Introduces New Digital Freight Platform
DHL Freight has introduced CILLOX, a virtual marketplace for enterprises with transportation needs. The fast and seamless solution helps companies… Read More
Transportation/Logistics: Iran is Back Open for Business
When those 2016 Year in Review pieces start appearing, one of the news stories featured will be the resumption of… Read More
DHL to Tap Iranian Import Market for European Companies
DHL Freight is enabling streamlined access to the Iranian market for European companies by installing two competence centers at its… Read More
How Groceries Get to Supermarkets
Groceries account for close to half of all retail sales in the UK market, but how do they get from… Read More
Environmental Partnership to Save 20,000 Tons of CO2
After five years of a strategic partnership between transportation and logistics company DB Schenker and air freight specialist Lufthansa Cargo,… Read More
Transportation and Logistics Companies Can Achieve Profitable Growth
Many transportation and logistics (T&L) companies need to refine their current business models to capitalize on opportunities in industry segments… Read More
First Shipping Use of Public Blockchain Technology
Marine Transport International has deployed the world’s first public blockchain solution in the global shipping industry. MTI is a freight… Read More
Sarenza and XPO Logistics Inaugurate New Paris Logistics Platform
Shoe retailer Sarenza, and European supply chain company XPO Logistics, inaugurated a new logistics platform in Réau (Seine-et-Marne). The tailored,… Read More
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