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.
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
Transportation Intermediaries Association Enters Partnership With Humanitarian Logistics Organization
The American Logistics Aid Network (ALAN) and the Transportation Intermediaries Association (TIA) have entered into a formal partnership. Through this… Read More
Big Freight, Big Reach
Third-party logistics providers (3PLs) that specialize in project cargo receive requests heard nowhere else in the industry. “Can you move… Read More
Panalpina to Acquire Kenya-based Airflo From Dutch Flower Group
Panalpina is set to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specializing in… Read More
Panalpina flies UNICEF relief to Burundi
For the third consecutive year, UNICEF and Panalpina have joined forces to fly much-needed relief goods to an African country… Read More
Oil and Gas: Adapting to the New Normal
Tougher fuel economy regulations, more viable forms of alternative energy and new technologies in oil and gas production, are just… Read More
Direct CaroTrans Miami-Manaus LCL Service Supports Growing FTZ
CaroTrans, a leading global non-vessel operating common carrier (NVOCC) and ocean freight consolidator started a new, direct, biweekly less-than-containerload (LCL)… Read More
Chapman Freeborn Announces Launch of New Operation in Poland
Chapman Freeborn Airchartering is increasing its investment in Poland with the launch of a new office in Katowice to meet… Read More
Merck Sharp & Dohme Extends Contract with Kuehne + Nagel
Schindellegi / CH – Merck Sharp & Dohme, (MSD) one of the world’s largest pharmaceutical companies, has extended its contract… Read More
New DHL App Increases Cold Chain Visibility
DHL Global Forwarding has introduced its new LifeTrack mobile app, a free application that provides users on-the-go access to DHL’s… Read More
True Value Shifts to Dedicated Transportation Solution
True Value Company, one of the world’s largest retailer-owned wholesale hardware cooperatives, is in the process of converting its fleet… Read More
Logistics Plus Dallas/Fort Worth Warehouse Receives Foreign Trade Zone Activation
Logistics Plus Inc., a worldwide provider of transportation, logistics and supply chain solutions has secured activated status from U.S. Customs… Read More
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