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
HighJump Solution Integrates EDI With SAP Business One
HighJump, a global provider of supply chain management software, announced that its TrueCommerce Transaction Manager now offers integrated warehouse and… Read More
Shipping In Reverse
A relatively new kid on the block, Liberty Bottleworks has only been operating since 2010. Much has transpired in the five… Read More
Pool Distribution: Sink or Swim?
Determining the Right Model to Distribute High Volume Retail Goods When considering whether pool distribution is the right model, retailers… Read More
Scouting For Logistics Partners
3PLs ARE DEVELOPING NEW VALUE-ADDED SERVICES FOR THEIR CLIENTS’ OPERATIONS—JUST ASK THE GIRL SCOUTS OF AMERICA Customer relationships can take… Read More
Wheeling And Dealing
Selecting the Right Dedicated Contract Carriage Provider When shippers seek to turn over a substantial portion of their transportation… Read More
Livingston International Launches New Cross-Border Trade App
Toronto, Canada – Truck drivers delivering commercial shipments across the Canada-U.S. border have a new ally to reduce their wait… Read More
New Logistics Study Highlights Decline of Outsourcing
Los Angeles, CA – The relocation of manufacturing and product sourcing to emerging economies is no longer the gold standard… Read More
UPS to Invest $2B in Europe, Asia and the Americas
Atlanta, GA – UPS has committed to investing $2 billion over the next five years in an expansion to its… Read More
Dachser USA Expands U.S. Southeast Hub
Atlanta, GA – Dascher Transport of America Inc., the U.S. subsidiary of German global logistics services provider Dascher, is moving… Read More
ROAR Logistics Opens New Florida Distribution Center
Buffalo, NY – Global third-party logistics provider ROAR Logistics Inc. has opened a new operations center in Clearwater, Florida. The… 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
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