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.
Adapting to Climate Change Challenges in the Cold Chain
Climate change is a multifaceted challenge, forcing businesses to adapt to a new reality governed by rising global temperatures and… Read More
CaroTrans Now Offering Taiwan-New York LCL Service
Non-vessel operating common carrier (NVOCC) and ocean freight consolidator CaroTrans is now offering direct LCL (Less-than-Container Load) import services between… Read More
Logistics in China: How Does it Measure Up?
China has some way to go before the performance of its logistics infrastructure equals that of the west. That was… Read More
Kuehne + Nagel Expands its Digital Solution to Sea freight Less Than Containerload
Kuehne + Nagel, a global freight forwarder and third-party logistics provider, is launching a new digital solution for quotations and… Read More
CEVA opens new multi-user warehouse in Shah Alam, Malaysia
CEVA Logistics, the supply-chain management company, opened a distribution center in Shah Alam, Malaysia, 16 miles from Kuala Lumpur. Constructed… Read More
Yusen Logistics Expands in Indonesia with New Warehouse
Yusen Logistics Solutions Indonesia has opened a new warehouse in the MM2100 Industrial Town, a logistics hub in the suburb of… Read More
Kenya’s FSG Acquires Transit Freight Forwarding in South Africa
Frontier Services Group Limited, a transportation and logistics solutions provider in frontier markets with its operational headquarters in Nairobi, Kenya,… Read More
CEVA Logistics Opens New Regional Headquarters in Brazil
CEVA Logistics, a global supply-chain management company has opened its new headquarters for South America in Sao Paulo, Brazil, and… Read More
Freight Forwarder Benefit From Banking-Grade Clearing System
When profit margins are pressured, many call for reduced overheads, which results in a growing momentum for a logical and… Read More
U.S. Joins Lawsuit Alleging Inchcape Shipping Overcharged Navy for Ship Services
The U.S. government has joined a lawsuit alleging that Inchcape Shipping Services Holdings Limited violated the False Claims Act by… Read More
Lineage Logistics Breaks Ground on Tacoma Expansion
Lineage Logistics, LLC, a temperature-controlled warehousing and logistics company, has broken ground on the expansion of its Tacoma, Washington, cold… Read More
Can This Supply-Chain Collaboration Be Saved?
Life isn’t the only thing that’s not always fair. According to many supply chain analysts, academics, and practitioners, supply-chain collaborations… Read More
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