3PL News Updates

4PL, is an operational model where a business outsources its entire supply chain management and logistics to one external service provider.

Logistics refers to the transportation and storage of goods within a supply chain. Learn more here by watching this quick video.

Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, as it affects people and businesses in myriad ways, for example, post-holiday season when a high volume of gift returns are common.

BWT Logistics is set to acquire Lowell, N.C.-based third-party logistics specialist International Express Trucking for an undisclosed sum.

Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.

Throughout the pandemic-influenced years of 2020 through 2022, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight.

SAVANNAH, Ga. — Now is the time for carriers to position their operations for a long-term balanced marketplace,  according to logistics experts.

The Cincinnati region is growing in stature as a leading transportation and logistics hub. According to BE NKY, between 2015 and 2020, the transportation and logistics sector was responsible for more than 85% of all jobs created in the region. This is projected to grow 28% through 2025.

ORLANDO, Fla. — Third-party logistics providers remain poised for long-term success after helping shippers navigate supply chain turmoil wrought by the pandemic,  industry leaders said.

Freight brokerage, warehousing and dedicated carriage operations saw significant growth in 2022, while rocky international freight demand kept forwarders on the ropes.