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
The Life-Critical Cold Chain
Vaccines, pharmaceuticals and many foods must be kept at specific temperatures while in transit or risk harming consumers. So how… Read More
Charted Territory
Thinking of opening a new market but don’t know its business landscape? Rely on an experienced 3PL that does. Global… Read More
A View From Above
Cloud-based Supply-Chain Software Gives Exporters the Latest Technology to Track Shipments There are places in Africa where it is generally… Read More
The Age of Value-Added Services in Global Logistics
Negotiating to Grow Global Capabilities Serving a global clientele and keeping customers happy shook one e-retailer down to the ground—where… Read More
AIR CONDITIONER
DRIVEN BY SAVINGS AND SUSTAINABILITY, AIR CARRIERS LIKE AMERICAN AIRLINES ARE CLEANING UP THE CARGO BUSINESS At 35,000 feet, it… Read More
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