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.
The Future Of Delivery Management
Customers today expect nothing less than seamless and accurate delivery services. Hence, businesses are continuously seeking ways to enhance their delivery… Read More
An Introduction to the 5 R’s of Reverse Logistics
One of the most valuable and yet overlooked components of any company’s supply chain is the process of managing returns…. Read More
Oversupply of Containers Leading to Second-Hand Container Market Price Correction
The oversupply of containers is contributing to second-hand container market prices plummeting, Container xChange shared in a recent analysis. “The current situation of… Read More
Geek+ automates German 3PL provider Bergler’s picking operations
Geek+ AMRs have allowed Bergler to fully automate picking operations in their highly anticipated logistics center. Geek+, the global leader… Read More
Ashdod Port Adds New STS Cranes
Ashdod Port has taken delivery of five semi-automatic Ship-to-shore (STS) cranes to reduce congestion at its facilities and increase the port’s… Read More
Sel Supply-Chain Solutions Opens Edmonton, Alberta Canada Office
Fort Worth-based SEL Supply-Chain Solutions (SELSCS) announced today that they have opened their first Canada-based office in Edmonton, Alberta. The… Read More
Spot Pricing Will Dominate Air Cargo Bookings As Digitization Continues To Drive Market Change
Awery Aviation Software (Awery) CEO Vitaly Smilianets told delegates the CNS Partnership Conference 2022 that fixed rate booking would not make a… Read More
Cyber Attacks on Costa Rica Prompt Action From Carriers
Ransomware cyber attacks on Costa Rican institutions have activated emergency measures across the shipping industry, as imports and exports have… Read More
Maritime Industry Begins Preparations For Future Launch of Container-on-Vessel Service to the Midwest
New value-added service to the supply chain will offer shippers transit at a lower cost The collaborative effort to launch… Read More
CMA CGM Launches New Early Container Return Incentive Program
The CMA CGM Group has implemented its new Early Container Return Incentive Program at several of its terminals in the US… Read More
Philadelphia Just Got More Connected
Mediterranean Shipping Company (MSC) is one of the world’s largest container shipping lines. Founded in Naples with headquarters in Geneva,… Read More
Port of Oakland Volume Slumps as Shanghai Struggles
Port of Oakland cargo volume is down so far in 2022, with the port citing China’s COVID-19 crackdown and its ripple… Read More
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