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.
Warehouse Automation: Reflections on the Past Year and Predictions for the Year Ahead
Supply chain leaders at U.S. retail and e-commerce companies operating globally are adept at transformative change. Many navigated the pandemic’s… Read More
US Ports Anticipate Strong Finish to Year with Promising 2025 Outlook
The container flows through U.S. ports are set to conclude on a strong note, signaling robust improvement prospects for 2025…. Read More
CMA CGM Postpones Peak Season Surcharges for US-Bound Shipments
In a significant update for ocean shippers, CMA CGM has postponed its peak season surcharges on several routes to the… Read More
ILA and USMX reach Six-Year Contract Agreement to Secure Stability for U.S. Ports
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative six-year Master Contract, averting… Read More
Game-Changer: Direct Shipping Service Boosts Nigeria-China Trade
Revolutionizing Trade Between Nigeria and China In a landmark move to enhance maritime trade, the Grimaldi Group has launched the… Read More
CMA CGM Delays Key U.S. Shipping Surcharge Amidst Contract Negotiations
French shipping giant CMA CGM has opted to delay a substantial surcharge for cargo en route to the United States…. Read More
E-Commerce Solutions for Cannabis Retailers: Managing Supply Chains Effectively
The cannabis industry is booming, with e-commerce making products more accessible than ever. Valued at $57.18 billion in 2023, the… Read More
US Trade Deficit Widens, Clouding Economic Growth Prospects
The U.S. goods trade deficit increased more than anticipated in November, posing potential challenges for the country’s economic growth trajectory…. Read More
How the UAE’s Smart City Initiatives Are Revolutionizing Supply Chain Logistics
The UAE’s smart city initiatives are redefining supply chain logistics through cutting-edge technology and advanced infrastructure. These initiatives aim to… Read More
Shanghai Port Sets Historic Milestone with 50 Million TEUs in Annual Throughput
The Port of Shanghai has made history as the first in the world to handle over 50 million TEUs (twenty-foot… Read More
E-Commerce Logistics : Revolutionizing Supply Chain Management
Introduction E-commerce logistics plays a pivotal role in managing the flow of goods from manufacturers to customers in the digital… Read More
Logistics Plus Earns Spot Among Top 50 3PL Providers by Global Trade Magazine
For the fifth time in six years, Logistics Plus, Inc., a global leader in transportation, logistics, and supply chain solutions,… Read More
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