International Freight Forwarding is part of the global supply chains, access to transportation capacity is an obvious requirement when selecting a freight forwarding company. International 3PL provides the shipment visibility and control that adds flexibility and efficiency. Importing and exporting are key components for many lucrative businesses. International shipping could present great business opportunities for you, but […]
Monthly Archives: April 2016
Third Party Logistics Providers
What are third party logistics providers The need for an outside logistics provider triggered the evolution of Third Party Logistics Providers which has been the most dominant and arguably the largest market in the world. 3PLs offered great advantages to the companies in terms of • Economies of scale (merits from large truck fleets, warehouses, etc.) • Access […]
What is 7PL
The terms 5PL, 6PL and 7PL are surfacing in various logistics and supply chain publications. 7PL is being used to describe a turnkey solution where instead of dealing with several people for various services like inbound, outbound and warehousing, The concept is ‘one contract, one bill’. 7PL is the combination of 3PL and 4PL into […]