by cmi | Oct 12, 2019 | CMI, 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...
by cmi | Sep 19, 2019 | CMI, Logistics
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...
by cmi | Aug 12, 2019 | CMI, Logistics
To combat the rising costs of logistics, companies should reassess each aspect of their transportation and logistics strategy. Here are six factors to consider. Logistics costs have skyrocketed over the last few years as fuel prices increased and the United States...
by Sandia | Jun 3, 2019 | Courier, Logistics, News
The mall is now a warehouse, and Blackstone Group LP is betting $18.7 billion on the shift. That’s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon.com Inc. and other...
by Sandia | May 9, 2019 | CMI, Courier, Delivery, Local, Logistics
SAN FRANCISCO — Uber, the ride-hailing pioneer, is set to go public on Friday with a valuation of around $82 billion, in the most highly valued stock introduction in years. But Uber says its real strength isn’t in being a taxi alternative. Instead, it is its ability...
by cmi | Apr 25, 2019 | CMI, How to, Logistics
The National Motor Freight Classification (NMFC) system is a standardized method designed to give consumers a uniform pricing structure when transporting freight. There are 18 classes that a shipped package may fall under with class 50 being the least expensive, to...
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