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
BNSF Logistics Opens Subsidiary in Mexico
BNSF Logistics, a multi-modal third-party logistics service provider, announces a new subsidiary in Mexico, BNSF Railway Servicios de Logistica. The… Read More
Livingston International Expands Services in Asia
With Asia’s importance as a key market for exporters and importers growing, Livingston International, a customs broker and trade compliance… Read More
Kewill Acquires LeanLogistics
Kewill, a provider of software for supply chain execution, has announced agreement to purchase LeanLogistics from parent Brambles, Limited. LeanLogistics… Read More
3PL Selects Datex Warehouse Management Software
Third party logistics provider Total Logistics Solutions has selected a new warehouse management system, Datex FootPrint WMS, to manage its… Read More
Alliance Expands Use of Freightgate Universe Cloud Logistics Suite
Alliance International, an independently owned North American provider of global logistics and customs clearance services, has expanded its use of… Read More
Before it Hits the Shelves: A Flexible Way to Transport Agricultural Oil
Food is one of the most essential ingredients to a person’s well-being. When we step into a grocery store, we… Read More
Yusen Logistics Enhances Air Import Capability
Yusen Logistics (Hong Kong) Limited recently opened a temperature-controlled facility at the Tsuen Wan Logistics Center in Hong Kong. The… Read More
Panalpina Expands LCL Ocean Freight Offering
Panalpina, one of the world’s leading less-than-containerload service providers, has expanded its offerings in Asia, the Middle East, and Europe…. Read More
FMC Briefed on Supply Chain Innovation Team Launch
Federal Maritime Commissioner Rebecca Dye recently briefed her fellow commissioners on the upcoming May 3 launch of the FMC’s Supply… Read More
U.S., Mexico Freight Agents Sign Agreement to Enhance Trade
On April 20, the National Custom Brokers & Forwarders Association of America Inc., (NCBFAA), signed a voluntary cooperation agreement with… Read More
Online Logistics Marketplace Raises $4 Million in Seed Funding
Fleet, an online marketplace for international logistics, has announced the closing of a $4 million seed funding round led by… Read More
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