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...

Future 3PL Factors to Consider

A growing number of companies are relying on 3PL providers to manage some or all of their supply chain networks. For example, a majority of companies in the computer industry rely on 3PLs. The industry has changed considerably, from freight forwarding in the 70s,...