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

Is Technology a Differentiator for Freight Forwarders?

Katherine Barrios 2:04 AM  9/19/2016

The freight forwarding business is rapidly changing as competitive threats increase and the expectation to do more for shippers is… Read More

Smart Containers, Smarter Data, Smarter Industry

Katherine Barrios 12:34 AM  9/16/2016

It doesn’t take much to see and experience the rapid advancement of technology in the world. Personal technologies are getting… Read More

Reducing Supply Chain Costs With The Cloud

Peter Buxbaum 12:08 AM  9/15/2016

The argument can probably be made for just about any enterprise software. Transitioning from an on-premise installation to the cloud… Read More

Logistics Market Intelligence for Digital Evolution

Haylle Sok 2:08 AM  9/14/2016

Kuehne + Nagel recently announced its approach to digitization and introduced a new product, gKNi, which is based on logistics… Read More

M3 Logistics Boosts Nationwide Warehouse Automation

Haylle Sok 1:25 AM  9/13/2016

M3 Logistics, an independent specialist in warehousing and distribution for suppliers of electrical appliances, ha gone live with InfoMotion’s integrated… Read More

CBSA Credit Offsets: What Importers Need to Know

Candace Sider 2:04 AM  9/12/2016

The Canada Border Services Agency (CBSA) recently changed its business process as part of phase one of the Assessment and… Read More

The Hidden Risks of Supply Chain Balancing

Haylle Sok 12:07 AM  9/12/2016

An ultra-time sensitive trans-European project completed by Evolution Time Critical highlights the risks associated with the increasingly common trend of… Read More

C.H. Robinson Acquires APC Logistics

Haylle Sok 1:33 AM  9/9/2016

C.H. Robinson has agreed to acquire APC Logistics, a leading provider of freight forwarding and customs brokerage services in Australia… Read More

Morrison Express Launches Rickenbacker Service Offering

Haylle Sok 1:38 AM  9/8/2016

Morrison Express, a global logistics, transportation, and supply chain management provider, announced the launch of a new service at the… Read More

Dropoff Brings Same-Day Delivery to Florida

Haylle Sok 7:20 AM  9/7/2016

Dropoff, a company which facilitates on-demand, same-day delivery for businesses, announced its latest expansion with two new cities, Miami and… Read More

Samsung SDS Enters Vietnam

Peter Buxbaum 3:10 AM  8/29/2016

Samsung SDS is expanding its business in Southeast Asia’s logistics market. The company—which serves South Korea’s electronics industry with IT… Read More