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

Partners Developing Lunar Delivery Service

Peter Buxbaum 3:10 AM  6/15/2016

DHL and Airbus Defence and Space are supporting Astrobotic to develop its lunar payload delivery service. Astrobotic, is building a… Read More

WMS Helps Speed Up Logistics Processes

Haylle Sok 9:13 AM  6/14/2016

EUROLOGIC, a logistics operator and 3PL provider in the Moscow area, has implemented Infor Supply Chain Execution, a warehouse management… Read More

Choice Logistics Announces Strategic Relationship with NCE Group

Haylle Sok 8:19 AM  6/14/2016

Choice Logistics has entered into an agreement with NCE Group to provide repair and other technical services at Choice Logistics… Read More

3PL Market to Hit Over One-Trillion Dollars by 2022

Haylle Sok 4:55 AM  6/14/2016

The global third party logistics (3PL) market is projected to exceed $1 trillion by 2022 at an annual average growth… Read More

U.S-Thailand Trade May Benefit From CaroTrans/LEO Partnership

Haylle Sok 2:41 AM  6/9/2016

At a time when the global trade and shipping news out of Thailand has not been encouraging, there was one… Read More

Kerry Logistics Completes U.S. Acquisition

Haylle Sok 5:49 AM  6/8/2016

Kerry Logistics Network Limited, a Hong Kong-based logistics service provider, recently completed its acquisition of a majority stake in APEX… Read More

The Evolving Role of 3PLs

E.R. Williams 2:20 AM  6/8/2016

The list of services provided by 3PLs is constantly evolving. Born as transactional players, 3PLs have morphed into much more…. Read More

PT. Yusen Logistics Indonesia Launches Air Import Operation at Semarang Airport

Peter Buxbaum 9:10 AM  5/31/2016

PT. Yusen Logistics Indonesia has launched an air import operation at Semarang Airport (Achmad Yani International Airport). Services being provided… Read More

CaroTrans Adds Direct Busan-to-Atlanta LCL Service

Haylle Sok 5:14 AM  5/31/2016

CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, recently announced a new, weekly less-than-containerload (LCL) service… Read More

DHL Opens Life Science Competence Center at Amsterdam-Schiphol

Haylle Sok 4:00 AM  5/27/2016

DHL Global Forwarding opens a new logistics center for life science and healthcare products at Amsterdam-Schiphol. The new Life Science… Read More

CEVA Upgrades Customs Clearance Procedures in Brazil

Haylle Sok 3:34 AM  5/27/2016

CEVA Logistics, one of the world’s leading supply chain management companies, has significantly upgraded its clearance procedures in Brazil to… Read More