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.
Synergy Logistics and Techdinamics Revolutionize Shipping Integration for Efficient Warehouse Management
Synergy Logistics, a leader in warehouse technology innovation, has recently announced a groundbreaking partnership with Techdinamics, a renowned provider of… 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
Port of Barcelona Outlines its Innovation Plan
The Port of Barcelona has launched its latest Innovation Plan, placing emphasis on economic and social growth. The plan was recently unveiled… Read More
Private Equity Firm Takes Over $1.4 Billion Panama Canal Port Terminal Project
Notarc Management Group (NMG) has announced its acquisition and finalisation of plans to complete the Panama Canal Container Port (PCCP)…. Read More
Supply Chain Congestion Ramps up Threat of Cargo Theft
Widespread congestion at ports and inland facilities has lead to increased opportunity for thieves during the period according to a… Read More
Port of Antwerp-Bruges Prepares First Hydrogen-Powered Tugboat
The Port of Antwerp-Bruges and CMB.TECH will soon welcome the first hydrogen-powered tugboat furthering the port’s transition towards sustainability. The Hydrotug consists of two… Read More
Port of Seattle to Establish World’s First Cruise-led Green Corridor
The Port of Seattle, City and Borough of Juneau, and Vancouver Fraser Port Authority together with leading global cruise lines will cooperate to… Read More
G&S Logistics Deploys Digital Freight Brokerage Solution from Descartes
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Minnesota-based G&S Logistics… Read More
Record Results for DP-DHL and Maersk in Volatile Market
The bonanza that so many of the large logistics companies are experiencing seems to be continuing with the just-published first… Read More
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