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
CEVA Logistics Opens New Benelux Distribution Center
CEVA Logistics has opened the doors at a new global distribution center for industrial spare parts in Born, the Netherlands…. Read More
Shipedge Announces Cloud-Based, Integrated OMS and WMS
Software developer Shipedge has announced the launch of a cloud-based integrated order management and warehouse management system. The Durham, North… Read More
UPS Expands China-Europe Rail Service
UPS announced yesterday it has added a less-than-containerload (LCL) option for China-to-Europe rail shipments. The service is available from Zhengzhou… Read More
U.S. Titans Investing in Chinese Logistics Company
Carlyle Group LP and Goldman Sachs Group Inc. are among the U.S. concerns investing in a Chinese logistics company, Shanghai… Read More
3PLs Doing Well So Far This Year
A benchmarkign report released a few days ago by the Transportation Intermediaries Association shows that 3PLs made solid gains in… Read More
Kuehne + Nagel to Acquire ReTrans
The Kuehne + Nagel Group has entered into an agreement to acquire ReTrans Inc., a U.S. transportation broker. TheMemphis-based ReTrans… Read More
HighJump Solution Integrates EDI With SAP Business One
HighJump, a global provider of supply chain management software, announced that its TrueCommerce Transaction Manager now offers integrated warehouse and… Read More
Shipping In Reverse
A relatively new kid on the block, Liberty Bottleworks has only been operating since 2010. Much has transpired in the five… Read More
Pool Distribution: Sink or Swim?
Determining the Right Model to Distribute High Volume Retail Goods When considering whether pool distribution is the right model, retailers… Read More
Scouting For Logistics Partners
3PLs ARE DEVELOPING NEW VALUE-ADDED SERVICES FOR THEIR CLIENTS’ OPERATIONS—JUST ASK THE GIRL SCOUTS OF AMERICA Customer relationships can take… Read More
Wheeling And Dealing
Selecting the Right Dedicated Contract Carriage Provider When shippers seek to turn over a substantial portion of their transportation… Read More
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