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

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

Quick Expands Global Healthcare Logistics Services

Haylle Sok 7:28 AM  8/25/2016

Quick Specialized Healthcare Logistics has expanded its specialized domestic and international personalized medicine logistics capabilities to meet the changing needs… Read More

NIKE in Strategic Partnership for Apparel Manufacturing in the Americas

Peter Buxbaum 6:02 AM  8/25/2016

NIKE, Inc. and Apollo Global Management have entered into a strategic partnership regarding the apparel supply chain in the Americas…. Read More

Avoiding Product Damage in High Altitudes

Andrew Lynch 6:35 AM  8/23/2016

For all the unique challenges food and beverage manufacturers deal with when moving goods through their supply chain, one of… Read More

DB Schenker Adopts INTTRA Solution

Haylle Sok 8:33 AM  8/22/2016

DB Schenker has adopted the INTTRA eVGM Service to facilitate customer compliance with new container weight requirements. Under the International… Read More

Cloud-Based Logistics Platform Changing Hands

Haylle Sok 6:19 AM  8/22/2016

TPG Capital has entered into a definitive agreement to acquire a majority interest in Transporeon from The Riverside Company and… Read More

E-Freight Solutions Distributes Rates in CargoSphere Cloud

Haylle Sok 9:15 AM  8/18/2016

E-Freight Solutions has implemented CargoSphere’s Rate Mesh technology to distribute confidential Asia-U.S. import freight rates to its customer Mallory Alexander,… Read More

Wen-Parker India Awarded NVOCC License

Haylle Sok 8:23 AM  8/18/2016

Wen-Parker India (WPL) has been awarded an NVOCC license in Chennai after a detailed assessment and study by Indian Customs…. Read More

Sino-Global Signs Strategic Agreement with COSCO Logistics

Haylle Sok 3:24 AM  8/18/2016

Sino-Global Shipping America, Ltd., a shipping, chartering, and logistics company, has signed a strategic cooperation agreement with COSCO Logistics (Americas)… Read More

Southco Chooses DHL as its Sole Global Logistics Provider

Haylle Sok 8:01 AM  8/17/2016

Southco, a global source for engineered access hardware, has chosen DHL Global Forwarding once again as its sole global logistics… Read More

Lufthansa Cargo Takes Over time:matters

Haylle Sok 7:52 AM  8/17/2016

Lufthansa Cargo has taken over complete ownership of the time:matters group, experts in global same-day delivery and time-critical international spare… Read More