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.
Driving Business Efficiency Through Supply Chain Visibility
In a dynamic business landscape, supply chain efficiency is pivotal to an enterprise’s success. Organizations will increasingly look to leverage… Read More
Logistics Provider Kenco Explores Drone Technology in Deployment of Yard Management System
Warehouse automation may soon take to the skies, as logistics provider Kenco teams up with PINC Solutions to explore the… Read More
GEODIS Announces Completion of OHL Deal
GEODIS has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics). Based in Nashville, Tennessee, OHL… Read More
SEKO Logistics Opens First Branch in Wales
SEKO Logistics has opened its first branch in Wales to connect local importers and exporters with new business opportunities around… Read More
Shippers and Logistics Service Providers Supported by HERE-Oracle Collaboration
HERE, a leader in mapping, navigation, and location experiences, announced the integration of its HERE Platform for Business with Oracle… Read More
Freight Forwarder Enforcement Penalties Not Limited to Civil Fines
As we discussed in an earlier article, the Department of Commerce’s Bureau of Industry and Security (BIS) enforcement actions often… Read More
Freight Forwarders Often Targets of Export Control Enforcement Actions
U.S. exporters face numerous compliance challenges for items exported abroad under dual-use export controls administered by the Department of Commerce’s… Read More
Ecommerce and New Delivery Paradigms Shaping Future of Global Logistics
Leading global commercial real estate services firm Colliers International Group Inc. issued a global logistics report examining factors that will… Read More
RR Donnelley Acquires Courier Advisory Group
R. Donnelley & Sons announced that it has acquired Courier Advisory Group, a provider of managed delivery services. Courier Advisory… Read More
Ridgemont Equity Partners Acquires Unishippers Global Logistics
Ridgemont Equity Partners, a middle market buyout and growth equity investor, today announced the recapitalization of Unishippers Global Logistics, a… Read More
How Forwarders Differ from Other Logistics Experts
Customers have high expectations of their forwarders. Often a forwarder’s day-to-day business can seem like nothing more than a struggle… Read More
DHL Global Forwarding, Freight Celebrates 200 Years of Logistics
DHL Global Forwarding, Freight, the air, ocean and road freight specialist of Deutsche Post DHL Group, is celebrating its 200th… Read More
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