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

SEKO Logistics Launches New Aerospace and Aviation Industry Vertical

Haylle Sok 8:00 AM  2/1/2016

SEKO Logistics has created a new aerospace and aviation industry vertical with global centers of excellence and core competencies to… Read More

DSV Acquires UTi Worldwide Inc.

Haylle Sok 4:00 AM  2/1/2016

DSV’s acquisition of UTi Worldwide Inc. was completed in late January with the approval of UTi shareholders and competition authorities…. Read More

XPO Logistics Secures Contract Renewal with General Motors

Haylle Sok 8:00 AM  1/28/2016

General Motors UK Ltd has extended its long-term relationship with XPO Logistics in a three-year contract renewal for the distribution… Read More

CEVA Logistics Creates new Ground Transportation Business Line

Haylle Sok 7:00 AM  1/28/2016

CEVA Logistics, one of the world’s largest supply-chain management companies, announced it has furthered the progress of its operating model… Read More

Amazon Now Moving Into Ocean Shipping

Peter Buxbaum 7:00 AM  1/25/2016

A Chinese affiliate of Amazon.com has registered as an ocean freight forwarder with the U.S. Federal Maritime Commission, Bloomberg News… Read More

Fighting the Status Quo in Your Logistics Department

Marc Dedola 3:00 AM  1/24/2016

“The riskiest thing we can do is just maintain the status quo.” That’s a quote from Disney CEO, Bob Iger,… Read More

Neovia Logistics Awarded Five-Year Contract with Automotive Manufacturer

Haylle Sok 5:00 AM  1/22/2016

Neovia Logistics has entered into a five-year agreement with BMW of North America to provide labor services for the automaker’s… Read More

Deutsche Post DHL Group Acquires Minority Stake in French Ecommerce Logistics Specialist

Haylle Sok 8:00 AM  1/21/2016

Deutsche Post DHL Group, the mail and logistics company, plans to invest in a minority stake in Relais Colis, a… Read More

Kuehne + Nagel and GlaxoSmithKline Sign Long-Term Logistics Agreement

Haylle Sok 7:00 AM  1/21/2016

Kuehne + Nagel and GlaxoSmithKline (GSK) announced the signing of an end-to-end global logistics partnership until 2021 that is expected… Read More

DHL Lays Tracks For China-Turkey Rail Corridor

Haylle Sok 5:00 AM  1/19/2016

DHL Global Forwarding has inaugurated a new service on the southern rail corridor between China and Turkey. The corridor occupies… Read More

GLP Announces New Leases in China

Haylle Sok 7:00 AM  1/15/2016

GLP, a global provider of modern logistics facilities, has signed leases totaling 940,000 square feet with three logistics industry leaders… Read More