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

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

Yusen Logistics Expands Air Freight Forwarding in Mexico

Peter Buxbaum 8:55 AM  8/16/2016

Yusen Logistics, a third-party logistics provider, is expanding its air freight forwarding network in Mexico with the addition of a… Read More

UPS Worldwide Express Freight Service Expands Globally

Haylle Sok 1:42 AM  8/15/2016

UPS is expanding its UPS Worldwide Express Freight service to nine new countries: Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar,… Read More

BlueGrace Logistics Announces $255 Million Investment from Warburg Pincus

Peter Buxbaum 4:35 AM  8/13/2016

BlueGrace Logistics, a privately held third-party logistics (3PL) provider based in Tampa, Florida, announced this week that funds affiliated with… Read More

DHL Announces Investments in U.S. Ecommerce Infrastructure and Services

Haylle Sok 8:16 AM  8/3/2016

Deutsche Post DHL Group has announced a $137 million investment plan for the U.S. domestic and crossborder ecommerce market. The… Read More

Panalpina Moves Away From Oil and Gas as Market Contracts

Peter Buxbaum 5:13 AM  8/2/2016

During the second quarter of 2016 it became evident to Panalpina, the global logistic provider, that the oil and gas… Read More

Logistics Provider Enters Strategic Partnership for 3D Printing

Peter Buxbaum 6:19 AM  8/1/2016

Shapeways, a platform powered by digital manufacturing, and Panalpina, a logistics services provider, have entered into a strategic partnership covering… Read More

DHL Enters Strategic Partnership with Ambatovy in Madagascar

Haylle Sok 6:45 AM  7/28/2016

DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group, has entered into an initial three-year… Read More

Inside the Ingredients Supply Chain

Jesse Juett 7:24 AM  7/22/2016

Consumers see the goods sold by food and beverage companies as a single product, but of course it’s not that… Read More

Automotive Supply Chain Subjected to Intensified Pressures During Summer Shutdown Preparation

Haylle Sok 4:21 AM  7/21/2016

The automotive industry is entering a period of calm before the storm, according to Evolution Time Critical, a Europe-based automotive… Read More

Conquer the Supply Chain with a Small Army

Darren Matthews 5:16 AM  7/19/2016

Conquering the world is no small task. Any world leader throughout history who’s ever tried it could tell you that… Read More