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3pls

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.

global trade supply chain rate cross-border

Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market

A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More

The growing online retail sector means that distribution centers must be able to handle greater numbers of shipments of export cargo andimport cargo in international trade.

Ecommerce and New Delivery Paradigms Shaping Future of Global Logistics

Peter Buxbaum 5:00 AM  10/28/2015

Leading global commercial real estate services firm Colliers International Group Inc. issued a global logistics report examining factors that will… Read More

Acquisition will allow RR Donnelley to handle more freight, including shipments of export cargo and shipments of import cargo in international trade.

RR Donnelley Acquires Courier Advisory Group

Haylle Sok 9:17 AM  10/27/2015

R. Donnelley & Sons announced that it has acquired Courier Advisory Group, a provider of managed delivery services. Courier Advisory… Read More

Acquisition of Unishippers Global Logistics will allow the third-party logistics provider to handle more shipments of export cargo and import cargo in international trade.

Ridgemont Equity Partners Acquires Unishippers Global Logistics

Peter Buxbaum 8:11 AM  10/27/2015

Ridgemont Equity Partners, a middle market buyout and growth equity investor, today announced the recapitalization of Unishippers Global Logistics, a… Read More

Applying technology to freight forwarding processes allows the 3PLs to better handle shipmnets of export cargo and shipments of import cargo in international trade.

How Forwarders Differ from Other Logistics Experts

Simon Clark 7:52 AM  10/26/2015

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 has experience delivering shipments of export cargo and shipments of import cargo in international trade that goes back 200 years.

DHL Global Forwarding, Freight Celebrates 200 Years of Logistics

Haylle Sok 8:35 AM  10/23/2015

DHL Global Forwarding, Freight, the air, ocean and road freight specialist of Deutsche Post DHL Group, is celebrating its 200th… Read More

CaroTrans new China services accommodate greater volumes of export cargo and import cargo in international trade.

CaroTrans Enhances China Import Services

Haylle Sok 10:15 AM  10/22/2015

NVOCC (non-vessel operating common carrier) and ocean freight consolidator, CaroTrans is now offering 11 new, direct LCL (less-than-containerload) import services… Read More

Centrolene Nwtowrk provides software that allows freight forwarders to better handle volumes of export cargo and import cargo in international trade.

First Technology-Focused Freight Forwarder Network Launched

Haylle Sok 7:27 AM  10/22/2015

With the recent launch of the Centrolene Network, freight forwarders have access to two things they need to win more… Read More

Goodman Group's investments in logistics space in southern China will allow the company to handle more shipments of import cargo and export cargo in international trade.

Goodman Group Breaks Ground on First Flagship Logistics Project in Southern China

Peter Buxbaum 4:00 AM  10/22/2015

Goodman Group, the Australian-based developer of industrial space, recently broke ground the Goodman Huiyang Industrial Park in Huiyang, Huizhou city,… Read More

Growth in 3PL market will allow logistics providers to handle increased volumes of import cargo and export cargo in international trade.

Third-Party Logistics Market Will Be Worth $925.31 Billion By 2020

Peter Buxbaum 8:00 AM  10/19/2015

Increased concentration on core competencies and outsourcing of secondary business activities such as logistics is expected to drive the third-party… Read More

Singapore Post acquisition of software provider will allow the logistics company to extend its geographic reach allowing it to increase the volume of shipments of imports and exports that it handles.

Singapore Post Acquiring Majority Stake in Jagged Peak

Peter Buxbaum 7:00 AM  10/19/2015

Singapore Post Limited has announced it will acquire the majority of the outstanding stock of Jagged Peak, Inc., an ecommerce… Read More

Logistics company Kenco's new distribution center will allow the company to handle medical products shipments export cargo and import cargo in international trade.

Kenco Opens New Upper Midwest Distribution Center

Haylle Sok 5:00 AM  10/19/2015

Kenco, a provider of integrated logistics solutions, real estate services, and material handling equipment, has opened a new 300,000-square-foot distribution… Read More

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