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.
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
Global Logistics Company Announces Consolidation Program in Houston
TOC Logistics International (TOC), a globally networked logistics leader based in Indianapolis, announced today the launch of a major consolidation… Read More
Wainwright Industries Expanding Logistics Footprint in Charleston
Wainwright Industries/TVS Supply Chain Solutions South Carolina announced plans last week for a second Charleston location to serve growing third-party… Read More
Worldwide Logistics Limited Establishes New Offices in India
Worldwide Logistics has opened two new offices in India’s major commercial hubs of Mumbai and New Delhi. The new offices,… Read More
Tightened Up: Armstrong’s Third-Party Logistics Market Results
For third-party logistics, 2015 was a year dominated by mergers and acquisitions, ample carrier capacity, and sagging fuel prices. That’s… Read More
Mainfreight USA Expands Operations
Mainfreight, a global supply chain and logistics provider has added two new warehouses to its North American logistics network, located… Read More
Lineage Logistics Opens New Facility in North Charleston
Lineage Logistics, a warehousing and logistics company held a grand opening for its state-of-the-art 180,000 square-foot cold storage distribution center… Read More
World’s Largest Cargo Plane Gets Helping Hand From Freightworks
The world’s largest cargo plane, the Antonov An-225 Mriya (AN-225), took its first voyage from Ukraine to Abu Dhabi carrying… Read More
TNT Expands International Express Service Coverage in Spain
TNT is expanding the coverage area of its international express delivery service in Spain, now offering next day delivery to… Read More
Crane Worldwide Logistics Delivers Last Mile Ecommerce Fulfillment Solution
Crane Worldwide Logistics has announced an exciting new logistics solution that delivers an on-demand final mile service to retail customers…. Read More
BDP Expands into Morocco
BDP International, a privately held global logistics and transportation services company, is opening an office in Casablanca, Morocco, this month…. Read More
Partners Developing Lunar Delivery Service
DHL and Airbus Defence and Space are supporting Astrobotic to develop its lunar payload delivery service. Astrobotic, is building a… Read More
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