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.
Hapag-Lloyd Invests $4 Billion in 24 Dual-Fuel Containerships to Propel Decarbonization Goals
German shipping giant Hapag-Lloyd has committed to a $4 billion investment in 24 new dual-fuel containerships, ordered from China’s Yangzijiang… Read More
Damco Opens New Warehouse in Vietnam
Madison, NJ – Third-party logistics provider Damco and Vietnamese warehouse owner HTM (Construction and Mechanic HTM, JSC) have opened a… Read More
CaroTrans Strengthens China – US LCL Network
Clark, NJ – NVOCC CaroTrans has expanded its China-US LCL (less than container load) service network with a new partner… Read More
HOW TO BE EVERYWHERE
OMNICHANNEL LOGISTICS IS HELPING RETAILERS MEET CONSTANT DEMAND FROM ALL DIRECTIONS Nail Rock’s failure to meet deadlines for shipping nail… Read More
DON’T GET LOST IN TRANSLATIONS
SHOULD FOREIGN-LANGUAGE PACKAGING BE HANDLED BY YOURSELF, YOUR DISTRIBUTORS OR YOUR 3PL? As Miss Jenny’s Pickles readied to export into… Read More
DRILL DOWN ON YOUR LOGISTICS CONTRACT
5 ESSENTIAL QUESTIONS FOR YOUR 3PL Writing requests for proposals (RFP), evaluating responses, meeting with third-party logistics providers (3PL) and… 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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