This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Partnering with the right third-party logistics (3PL) provider goes beyond a simple service contract. It's a collaborative relationship that can streamline and elevate your freight shipping operations. Think 3PL Partner, Not Vendor The most successful 3PL relationships are built on partnership.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. A third-party logistics provider (3PL) can help you anticipate disruption, respond quickly and stay competitive. But this disruption led to a freight recession , causing many carriers to close up shop.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
The Pain of Picking the Wrong 3PL with Esther Kestenbaum Prozan. Esther Kestenbaum Prozan and Joe Lynch discuss the pain of picking the wrong 3pl. Esther has also held SVP and VP roles with retail marketing technology companies specializing in mobile, ad tech and data analytics. Key Takeaways: The Pain of Picking the Wrong 3PL.
But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.
3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert is the Co-Founder and CEO of a company that provides operational, sales, marketing, and technology support to over 100 3PLs, so he has a very thorough understanding of the business. Freight Payment / Claims Auditing. Predictive Analytics.
So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. Big Data and Analytics for Oil and Gas Transportation. 3PLs Need to Take Broader Perspective. Develop a Shared Vision Statement with Your 3PL.
Subscribe What is a 3PL? Third-party logistics (3PL) providers can handle everything from warehousing and returns to international order fulfillment — and the UK is home to some of the most renowned 3PL companies in the world. But with so many options out there, how do you know which 3PL provider is right for your business?
Matt is Chief Technology Officer at Greenscreens.ai , a freight-tech company on a mission to rock the freight world through accurate predictions, actionable insights and cutting-edge technology. He has also developed trucking market intelligence consortiums and transportation products for shippers and 3PLs. About Greenscreens.ai
What is the path to building successful and lasting 3PL-customer relationships? That was the main theme of a panel session I led at last month’s MercuryGate User Conference 2013 , which included the following 3PL executives: Shelli Austin , VP at Integrated Distribution Services (IDS). Michael Bartz , CIO at ReTrans.
We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. What are the 3PL Services?
Shippers don’t partner with LSPs just to move freight—they rely on them to orchestrate complex, responsive, and cost-efficient networks on their behalf. For clarity in this article, LSP is an umbrella term covering 3PLs, freight brokers, freight forwarders (FFWs), 4PLs—any party that both plans and executes freight on behalf of shippers.
As an industry leader in 3PL solutions, including managed services, GlobalTranz is proud and honored to secure a spot in the 2022 FreightWaves FreightTech 100 , marking the fourth consecutive year of inclusion. The FreightTech 100 2022 award recipients have officially been released. What Are the FreightTech 100 Awards?
Brian serves as Vice President of Sales at LTI Trucking Services , an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service. About Brian Gibala Brian Gibala is the VP of Sales at LTI Trucking Services, an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service.
The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers.
This is where logistics data analytics tools come in. From predictive forecasting to real-time shipment tracking, analytics tools give logistics teams the visibility and intelligence they need to compete in an increasingly data-driven world. Optimizing Operational Efficiency Every supply chain generates massive amounts of data.
The 3PL industry is experiencing growth as shippers and companies turn to logistics experts for various facets of the supply chain so the manufacturing and distribution companies may focus on their core. But the greater transformation in today’s 3PL landscape is the changing perception of logistics service providers.
For the freight world holiday shipping or for shippers in any peak season (such as those who ship plants for the spring time) it gets chaotic, everyone is trying to clear docs, empty warehouses, and get their books in order. We lose valuable transit days with shipments when carriers aren’t moving freight.
You’re ready to outsource to a 3PL. This post gives you an in-depth guide to what a 3PL RFP is, why it’s important, and how to write one for your business. What is a 3PL RFP (request for proposal)? Why does the 3PL RFP process matter? Adelina Zotta & Connor Westby, Co-Founders of NutriPaw What is a 3PL RFP used for?
The Pain of Picking the Wrong 3PL with Esther Kestanbaum Prozan. Esther Kestanbaum Prozan and Joe Lynch discuss the pain of picking the wrong 3pl. Esther has also held SVP and VP roles with retail marketing technology companies specializing in mobile, ad tech and data analytics. Key Takeaways: The Pain of Picking the Wrong 3PL.
Earlier in his career Jeff was the VP of sales and first employee at MegaCorp Logistics, a billion-dollar freight brokerage. Prior to MegaCorp, Jeff was the 25th employee and served a variety of sales leadership roles at TQL, the second largest freight brokerage in the US. Once acquired, growth is achieved by: Carrier consolidation.
Launching a Successful 3PL in the Age of Tech with Nicholas Reasoner and Jeff Dangelo. Nicholas Reasoner , Jeff Dangelo , and Joe Lynch discuss launching a successful 3PL in the age of tech. Nick is the founder and CEO of a 3PL that uses technology to deliver a superior customer experience and gain a competitive advantage.
Historically, brokers and 3PL (Third Party Logistics) firms, as a result of their safe relationships with corporate shippers, have intentionally kept pricing and discounts as abstract as possible to maintain a false sense of savings for the end user. SwanLeap was acquired by Transportation Insight HoldCo in November, 2021. Combined, the $4.3
However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages. But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits.
Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. brings innovations like IoT, robotics, data analytics, and other technologies to improve supply chain management and improve performance.
Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.
3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena. Robert is the Co-Founder and CEO of a company that provides operational, sales, marketing, and technology support to over 100 3PLs, so he has a very thorough understanding of the business. Freight Payment / Claims Auditing. Predictive Analytics.
The more resilient organisations were more likely to have deployed control towers (+16%), a single source of truth (+12%) and predictive or prescriptive analytics (+21%). Resilient firms are leveraging this greater predictive capacity to be more agile by ordering and positioning inventory ahead of potential disruptions.
Brittany Traylor is the Founder and CEO of TraylorTranspo, an asset-based freight brokerage that streamlines the logistics function and delivers a superior customer experience using consumer-grade freight tech ( Turvo ). TraylorTranspo is an asset-based freight brokerage based in Dallas, Texas. About Brittany Traylor.
Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce. The worldwide 3PL industry, estimated at roughly $1 trillion in 2020, is predicted to reach $1.75
We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. What are the 3PL Services?
We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. What are the 3PL Services?
Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.
Our expertise in technology modernization helps clients resolve critical operational challenges such as effective management of peak loads and seamless anytime, anywhere access to distributed freight data. Freight quotations. Emtec also works some of the leading technology companies in the freight tech space. Emtec LinkedIn.
Recently, they started a series featuring MBAs in the supply chain space , and this post really stood out to us as Cerasis is a 3PL service provider focused on Transportation Management. . 4 questions to ask when determining if a 3PL Service Provider is right for your company. To avoid confusion, let’s call 3PL what it is: outsourcing.
Due to the rapid growth of e-commerce, the global demand for 3PL (third-party logistics) services is expanding. The global 3PL sector, valued at over $1 trillion in 2020, is expected to grow to $1.75 3PLs have been the global economy’s engine in the new normal. FreightWaves 3PL Summit 2022. trillion by 2026. .
Up to 84 percent of global freight spend on trucking costs, including fuel, labor, technology and asset tracking, amounting to more than $800 in the industry. Analytics Will Drive Last Mile Logistics Costs Down. Analytics allow supply chain entities to isolate the cost-impacting factors across all shipments.
Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. Unfortunately, the focus of shippers has shifted away from any 3PL to the best 3PL. 3PLs Expand Services Further.
As supply chains become more complex and globalized, many companies find it beneficial to rely on third-party logistics (3PL) providers to handle some or all of their transportation, warehousing, distribution, and fulfillment needs. Among these, Freight Forwarding is a vital service that ensures goods move seamlessly across borders.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. The Maersk Shift: Where it started.
For example, some ways a producer might leverage a 3PL like GlobalTranz include: Working with a pre-onboarded carrier network that can connect all the dots of local transportation service providers to find capacity. How Shippers Can Further Enhance Bargaining Power With 3PL Partnerships.
Companies Will Levy the Power of 3PL-Based Technologies. The increasing power of Amazon will also be a driving force in the push for supply chain managers to adopt transformative supply chain technologies and take advantage of 3PL resources, asserts Amy Wunderlin of Supply & Demand Chain Executive. Download white paper.
Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. 3PL/Shipper/Customer Rewards. 3PL/SLA Skills/Knowledge. 3PL/SLA Skills/Knowledge. Collaboration.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content