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.
Peel Ports and Awake.AI Forge Alliance to Elevate Port Operations with AI Solutions
Peel Ports Group has unveiled a strategic collaboration with Awake.AI, signaling a landmark partnership aimed at harnessing AI-based solutions to… Read More
BDP Launches Smart Chemical, Smart Life Sciences
BDP International has added BDPSmart Chemical and BDPSmart Life Sciences to its Smart Suite shipment and order process management /… Read More
FourKites Offers Free Load Tracking to Freight Brokers
FourKites, Inc., a provider of freight tracking technology, recently introduced FourKites CarrierLink, a free mobile app and tracking service for… Read More
Efficiency and Productivity: Take a Second Look
I once thought efficiency was synonymous with productivity. It turns out it isn’t. For operators in our industry, from high-volume… Read More
Logistics in the Chemicals Sector
Leading players in the chemicals industry could significantly increase their competitive advantage if they started leveraging logistics as well as… Read More
NCBFAA and International Trade Administration Sign Strategic Partnership
The National Customs Brokers and Forwarders Association of America, Inc. (NCBFAA) and the U.S. Department of Commerce’s International Trade Administration… Read More
Logistics Plus Opens New Office in Dubai, UAE
Logistics Plus Inc., a provider of transportation, logistics, and supply chain solutions, continues to expand its global presence with the… Read More
IMC Global Solutions Acquires Global Shippers Association
IMC Global Solutions (IGS) announced this week that it has acquired Global Shippers Association (GSA), a leader in the importing… Read More
Three Tips for Customs Brokerage Success
One of the privileges of developing software for customs brokers is that you get an honest, behind-the-scenes look at their… Read More
AA Shipping Deploys Customized ERP to Manage All Logistics Activities
A custom ERP developed by Titan Systems has been deployed by AA Shipping to manage the company’s entire freight forwarding… Read More
Eight of the Top 10 Global Third-Party Logistics Providers Use JDA Software
Eight of the top 10 global third-party logistics providers rely on advanced technology solutions from JDA. These include industry leaders… Read More
XPO Logistics to Acquire Con-way
XPO Logistics, Inc. and Con-way Inc. announced yesterday that they have entered into a definitive agreement for XPO Logistics to… Read More
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