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
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
Cambodia Begins Construction of $1.5 Billion Seaport
The Cambodian Ministry of Public Works and Transport has held a ground-breaking ceremony to mark the start of construction at the new… Read More
How to Make Cargo Movement More Sustainable and Efficient
Nearly two years on, the pandemic and its effects on the supply chain are still going strong. The ability to… Read More
The Port of Wilmington Handles 155-foot Wind Turbine Blades
GT USA Wilmington welcomed the MV POTTERSGRACHT, a general cargo ship, with its load of 78 wind turbine blades. The… Read More
Drayage Issues to Persist Through 2022
By Drew Herpich, Chief Commercial Officer, Transportation Insight & Nolan Transportation Group Despite growing inflation concerns and increases in energy… Read More
Trading Prices and Leasing Rates Decline for Second-Hand Containers
Prices have decreased but tied up capacity prevents prices from crashing ~ ~ China, the US, Europe, Middle East, Indian Subcontinent… Read More
Maersk Finds Possible Buyers for Stake in Global Ports Investment
A.P. Moller – Maersk (Maersk) is reportedly in talks with potential buyers for its stake in terminal operator Global Ports Investment…. Read More
Disruption has Fundamentally Altered the Shipper-3PL Relationship
Adaptation and bold sourcing strategies are key for logistics leaders to ensure they’re getting the best value. This is a… Read More
Maersk Finalizes Acquisition of Pilot Freight Services
A.P. Moller – Maersk (Maersk) has completed its acquisition of US-based Pilot Freight Services. Maersk first announced its intention to acquire the… Read More
MSC Adds Another New Service to The Port of Philadelphia with the Indus 2
PhilaPort welcomed the maiden call of a new ocean liner service to The Port of Philadelphia’s Packer Avenue Marine Terminal…. Read More
Maersk Maritime, Logistics Businesses Deliver Record Q1 2022 Results
A.P. Moller – Maersk (Maersk) has released the Q1 2022 financial results of its Ocean, Logistics and Terminals businesses, posting significant… Read More
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