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

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

Kerry Logistics Opens New IT Development Center in Penang

Haylle Sok 5:00 AM  1/14/2016

Kerry Logistics Network Limited, a logistics service provider in Asia, opened its first IT development center in Penang, Malaysia, recently,… Read More

Furniture Maker OFM Opens Three New Distribution Centers in Kansas, Pennsylvania, and Washington State

Haylle Sok 8:00 AM  1/13/2016

OFM, an office and school furniture manufacturer, distributor, and wholesaler, is stocking its first products beginning this week at three… Read More

Logistics RFPs: Mistakes to Avoid

Dave Frentzel 3:00 AM  1/12/2016

Complete this phrase: We’re going to need a bigger _____. If you answered “boat,” you’re clearly a movie buff. However… Read More

UPS Wants to Help Customers Solve U.S.-Mexico Crossborder Trade Challenges

Peter Buxbaum 8:17 AM  1/11/2016

UPS strengthened its crossborder services to help U.S. exporters capture new opportunities in Mexico, and Mexican exporters to increase trade… Read More

Selling Logistics in a Digital World

Bill Todd 7:00 AM  1/5/2016

Technology and automation are not only helping today’s logistics companies gain momentum in their operations, they are also changing the… Read More

ABF Logistics Acquires Bear Transportation Services

Haylle Sok 4:00 AM  1/5/2016

ABF Logistics has acquired Bear Transportation Services, L.P., a private, non-asset truckload brokerage firm headquartered in Plano, Texas, effective today,… Read More