article thumbnail

Cargo Theft Continues to Rise

Logistics Viewpoints

However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry. Cargo Theft Tactics Cargo theft comes in many shapes and sizes. Keep a vigilant eye.

Cargo 238
article thumbnail

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

Warehousing 3.) Lean ensures that your satellite office in Colombia is staffed with highly educated, English speaking professionals trained in your company’s processes and systems. Sometimes 3rd party logistics companies are described as: Asset-based – companies that own actual assets like trucks, boats, planes, warehouses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

REPOST: 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

Warehousing 3.) Lean ensures that your satellite office in Colombia is staffed with highly educated, English speaking professionals trained in your company’s processes and systems. Sometimes 3rd party logistics companies are described as: Asset-based – companies that own actual assets like trucks, boats, planes, warehouses.

article thumbnail

How E-Commerce Is Reinventing the Humble Warehouse

MIT Supply Chain

Nowhere are these changes more evident than in warehousing. The warehouse, a mainstay of supply chains, is getting a makeover as retailers move closer to customers so they can fulfill buyers’ unquenchable thirst for instant gratification. Adapting existing stores to function as warehouses is another example.

article thumbnail

7 Ways to Overcome Yard Management Challenges

GlobalTranz

Poor planning on the part of warehouse managers can lead to extensive demurrage or detention charges, irritability and anger among truck drivers and employees, and excessive gait, congestion, reports PINC.com. Meanwhile, warehouse managers struggle with maintaining visibility and control over trucks, personnel, and assets in their yards.

article thumbnail

The Ultimate Guide to a 3PL Business

GlobalTranz

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

3PL 120
article thumbnail

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Eliminate Before You Automate : Automation is critical to large, efficient warehouse operations.