3PL (third-party logistics)

A 3PL (third-party logistics) is a provider of outsourced logistics services. Logistic services encompass anything that involves management of the way resources are moved to the areas where they are required. The term comes from the military. In business, 3PL has a...

10 tips for reducing supply chain logistics costs

10 tips for reducing supply chain logistics costs As companies continue to manufacture and source materials from overseas, controlling costs remains a top priority for those involved in international trade. One key factor that should be monitored more closely is...

Are Truckers About to Get Rich?

As problems go, the U.S. trucking industry is facing a good one. Thanks to a gushing oil industry and a homebuilding renaissance, everyone needs trucks. The industry, however, is running short on supply—specifically drivers. Trucking outfits are bristling under new...