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Shippers Dissatisfied with 3PLs’ Dinosaur Technologies

Supply Chain Collaborator

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years.

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Carrier Bankruptcies Make 3PLs More Important to Shippers than Ever

Freight Center

In 2017, New England Motor Freight (NEMF) generated $402 million in revenue. trucking company shutdown since Consolidated Freightways in 2002. The NEMF bankruptcy rocked the freight-shipping industry, but it turned out to be just the first (and largest so far) in a rash of carrier bankruptcies in 2019. and Canada.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

Logistics was first applied and recognised in military operations, its most significant impact is felt through the functions of production, distribution and consumption (Rodrigue and Slack, 2002). The 1980s – Transportation Deregulation, Physical Distribution and Business Logistics. .

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery.