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
Deutsche Post DHL Inaugurates Drone Delivery Service
Berlin, Germany – Deutsche Post DHL has inaugurated the world’s first drone package delivery service with a 7.5-mile flight transporting… Read More
DFW Offers Expedited Customs Clearance
DFW Airport, Texas – Dallas-Ft.Worth International Airport (DFW) has become the only airport in the US that offers all expedited… Read More
FedEx To Raise US Domestic, Import, Export Rates
Memphis, TN – The FedEx Ground and FedEx Freight subsidiaries of the FedEx Corp. have said they will increase their… Read More
UPS Signs Lease for New Facility at AllianceTexas
Fort Worth, Texas – Hillwood Properties, developer of the 18,000-acre master-planned, mixed-use AllianceTexas development has secured a new lease from… Read More
Kenco Muscles Up For Little Debbie IRONMAN Tennessee Triathlon
Chattanooga, Tenn. – Kenco will make a big splash as a sponsor of the legendary IRONMAN triathalon when it comes… Read More
DHL Opens New Tokyo Distribution Hub
Tokyo, Japan – Logistics and shipping giant DHL has broken ground at its new $89 million custom-built Tokyo Gateway at… Read More
Dascher Expands Logistics Profile in Korea, US Midwest
Atlanta, GA – International logistics provider Dacsher has expanded its footprint in Korea and the US Midwest. The company has… Read More
Prologis Acquires Warehouse Properties in Poland, Hungary
San Francisco, CA – Industrial real estate leasor Prologis Inc. has acquired two major logistics facilities in Poland and Hungary…. Read More
Colossal Logistics Collaborations
HOW 3PLs ARE HELPING THE NATION’S EXPORT GIANTS Lino Santinelli, senior supply-chain consultant at DuPont, admits that his company was… Read More
BNSF, Ferromex Offer New Chicago-Mexico Intermodal Service
Ft. Worth, TX – BNSF Railway and Mexico’s Ferromex (FXE) are offering a new joint intermodal service between Chicago and… 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
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