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

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

Understanding Intermodal and Truckload Spot Market Pricing

Vince Castagno 3:04 AM  7/18/2016

There is so much that goes into today’s freight rates. In addition to all the variables, there are contract and… Read More

American Fast Freight Acquires Forwarder Global Transportation Services

Haylle Sok 8:42 AM  7/14/2016

American Fast Freight, Inc. (AFF), the largest U.S. domestic ocean freight forwarder specializing in less-than-container-load freight shipments, has acquired Global… Read More

Global 3PL Market Expected to Reach $1.1 Trillion by 2022

Haylle Sok 2:39 AM  7/14/2016

According to new research published by Allied Market Research, the global third-party logistics market is expected to reach $1.11 trillion,… Read More

WSS Launches New Canal Transit Service

Haylle Sok 4:12 AM  7/10/2016

Wilhelmsen Ships Service (WSS) has launched a new canal transit solution designed to ensure that its customers’ vessels pass through… Read More

UPS Expands European Field Stocking Locations to Support Medical Device Industry

Haylle Sok 7:39 AM  7/8/2016

UPS has expanded its medical device field stocking locations (FSLs) in Europe, to reduce delivery time and increase inventory visibility…. Read More

Pharmaceutical Cold Chain Monitoring App Adds Support For Android Devices

Haylle Sok 5:12 AM  7/4/2016

Onset, a supplier of data loggers and monitoring solutions, announced that the free InTemp mobile app for the company’s InTemp… Read More

Greenland Telescope Heading To Its Final Destination

Haylle Sok 4:11 AM  6/30/2016

Warehouse Distribution Services (WDS) celebrates a state-of-the-art telescope’s send off to the heart of the Arctic Circle. The Greenland Telescope… Read More

Adjusting to Lighter Shipments, Higher Frequencies

Andrew Lynch 11:54 AM  6/29/2016

Rapidly evolving consumer trends are forcing a reshaping of inventory management operations. Physical stores are being incrementally supplemented by online… Read More

U.S. Logistics Costs Decelerated in 2015

Haylle Sok 11:28 AM  6/29/2016

U.S. business logistics costs rose to $1.48 trillion in 2015, a 2.6 percent increase from previous year. This which represents… Read More

Global Logistics Company Announces Consolidation Program in Houston

Peter Buxbaum 8:58 AM  6/23/2016

TOC Logistics International (TOC), a globally networked logistics leader based in Indianapolis, announced today the launch of a major consolidation… Read More