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.
The Impact of Middle East Unrest on Global Logistics
The recent escalation of tensions in the Middle East has sent shockwaves through the global logistics sector, raising concerns about… Read More
OIA Global Opens Its 20th European Office in Barcelona, Spain
OIA Global, a logistics, packaging, and materials sourcing provider, announced a European expansion with the launch of its new office… Read More
Evolution Time Critical acquired by Metro Supply Chain Group
Metro Supply Chain Group, a Canadian owned, 3PL solutions provider in North America, has completed the acquisition of Europe-based automotive… Read More
Livingston International Names Houston Office as a National Service Center
Livingston International, a leading North American company specializing in customs brokerage and trade compliance, has designated its Houston office as… Read More
Bridge-Building Logistics in the Himalayan Mountains of Northern India
LP India, the India division of Logistics Plus Inc., a worldwide provider of transportation, logistics and supply chain solutions, has… Read More
C.H. Robinson Expands Warehouse Space in Atlanta
C.H. Robinson, a global logistics provider, has opened a new warehouse in Atlanta, Georgia, to meet increasing customer demands. The… Read More
CEVA and Ford Extend Relationship at Louisville Plant
CEVA Logistics, a global supply chain management company, announced a renewal and an expansion of its services to the Ford… Read More
Axis Global Logistics and Imperial Logistics International Form Partnership
Axis Global Logistics and Imperial Logistics International, both providers of supply chain solutions for the worldwide retail industry, have established… Read More
Global logistics technologies aim to create better supply chain management
Industry events may seem to have become a form of collective memento mori for logistics professionals these days, as logistics… Read More
FedEx Introduces Global E-Commerce Solutions Under FedEx CrossBorder
FedEx Trade Networks, the international freight forwarding arm of FedEx Corp. has relaunched Bongo International as FedEx CrossBorder. The announcement… Read More
Yusen Logistics Builds Logistics Center to Expand Service in Mexico Auto Market
Yusen Logistics, a third-party logistics provider, has started construction of a logistics center near Celaya, Mexico, to meet the growing… Read More
Versacold Logistics Services Announces Acquisition of CPX
VersaCold Logistics Services has entered into an agreement to acquire Coastal Pacific Xpress (CPX), British Columbia’s largest refrigerated carrier specializing… Read More
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