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.

Building a Resilient Supply Chain with Advanced Predictive Analytics

Global supply chains have made front-page news for all the wrong reasons in recent years. The pandemic shook the foundation… Read More

Global logistics technologies aim to create better supply chain management

Ian Putzger 5:49 PM  4/5/2016

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

Peter Buxbaum 8:00 AM  4/1/2016

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

Haylle Sok 5:00 AM  4/1/2016

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

Haylle Sok 8:00 AM  3/30/2016

VersaCold Logistics Services has entered into an agreement to acquire Coastal Pacific Xpress (CPX), British Columbia’s largest refrigerated carrier specializing… Read More

Supply Chain Offerings Enhanced With Acquisition

Peter Buxbaum 8:00 AM  3/29/2016

Yusen Logistics (Australia) Pty. Ltd. has acquired the Hitech Asia Pacific brand businesses from the Hi-tech Express Group, a logistics… Read More

Consider Your Customer When Selecting Your Supplier

Charles Cox 5:00 AM  3/22/2016

Establishing the delivery point is a great starting point for good supply chain design.  Don’t forget that your current consumer… Read More

Shipping Companies Fined for Falsifying Records Under Defense Contract

Peter Buxbaum 4:00 AM  3/20/2016

Farrell Lines and Damco USA have paid the United States government $3,659,500 in civil penalties regarding Farrell and Damco’s failure… Read More

Healthcare Logistics in Europe Get Cooler With New UPS Cryogenic Parcel Service

Peter Buxbaum 4:00 AM  3/19/2016

UPS has launched UPS Temperature True Cryo in Europe, providing healthcare customers access to end-to-end product protection and capability to… Read More

Damco Expands Logistics Capacity in Vietnam

Peter Buxbaum 7:00 AM  3/16/2016

Damco, a third-party logistics provider and freight forwarder, recently unveiled its expanded Southern Vietnam Logistics Center in Binh Duong Province…. Read More

Dachser USA Opens Minneapolis Office

Haylle Sok 5:00 AM  3/16/2016

Dachser USA Air & Sea Logistics Inc. has expanded its Midwestern footprint again, opening a new office in the Twin… Read More

CaroTrans Broadens European Import Service Network

Haylle Sok 4:00 AM  3/16/2016

CaroTrans, a leading global non-vessel operating common carrier and ocean freight consolidator, announced a new, direct Hamburg, Germany to Detroit,… Read More