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
Working Smarter and Faster with Automation in Logistics
The rise of globalization and ever-changing regulations and security over the last decade has meant logistics providers had to change… Read More
Old Dominion Freight Line Announces Operational Alliance with Mallory Alexander International Logistics
Old Dominion Freight Line, Inc. announced it is entering into a strategic alliance with Mallory Alexander International Logistics, LLC, designed… Read More
C.H. Robinson Eyes Future Growth with Chicago Expansion
C.H. Robinson, one of the world’s largest logistics providers, has announced plans for a 207,000-square-foot build-to-suit office building located at… Read More
CEVA Cuts Transit Times for U.S. LCL Shipments
CEVA Logistics announced changes to its U.S. LCL (less-than-containerload) export system that have cut up to 14 days from the… Read More
SEKO Logistics’ European and U.S. MedTec Operations Awarded ISO 13485 Certification
SEKO Logistics’ European MedTec control tower has been awarded ISO 13485 certification, the foundation for manufacturers to address medical device… Read More
JWD Infologistics Expanding in Southeast Asia
JWD Infologistics, a supplier of land-based logistics services, is building general and cold chain warehouses in Cambodia, Myanmar, and Laos…. Read More
CIG Logistics Acquires Rail Facility in Odessa, Texas
CIG Logistics, an oil and gas logistics provider, has acquired a 330-acre rail facility in Odessa, Texas from Flint Hills… Read More
Logistics Outsourcing Study Shows Major Changes Ahead for Supply Chain
To achieve great efficiencies and effectiveness in their relationships, 3PLs and shippers must be well-aligned. That was the main conclusion… Read More
UPS Opens Its First Facility to Offer Comprehensive Medical Device Replenishment Services
UPS has opened a new healthcare-compliant distribution and warehousing facility in New Jersey. The opening of the company’s long-term strategy… Read More
Global 3PLs Experiencing Growth in 2015
The 22nd annual surveys of third-party logistics provider CEOs, sponsored by Penske Logistics, revealed they are confident about the current… Read More
GEFCO Group Announces the Acquisition of IJS Global
The GEFCO Group, a logistics provider for manufacturers and a leader in automotive logistics in Europe, has signed an agreement… Read More
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