3PL

3PLs Focus on Customer Experience to Drive E-Commerce Fulfillment

To deliver exceptional E-Commerce fulfillment, third party logistics (3PLs) providers must ensure they have a comprehensive end to end customer experience. In 2018, online sales of physical goods amounted to 504.6 billion US dollars and are projected to surpass 735 billion US dollars in 2023. According to the above statistic, e-commerce sales in the United …

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3PLs Offer Shippers Optimized Solutions to Nationwide Capacity Crunch

As the nationwide capacity crunch drives into the New Year, third party logistics (3PL) providers offer shippers reliable and cost-effective solutions. Last year the ‘nationwide truck shortage’, also referred to as the capacity crunch, was a significant challenge for the transportation industry. Carrying over into the New Year, the increase in freight rates and subsequent …

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‘Tis the Season for Third Party Logistics Providers

As the holiday season approaches and the expectations of efficiency and on-time delivery increases, 3PLs must optimize their solutions. The Christmas holiday season provides many industries with the opportunity to significantly increase their revenue. By the end of this year, retail sales between November and January 2019 are forecasted to ‘top $1.10 trillion’. The reason …

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3 Ways the Internet of Things (IoT) Will Optimize Third-Party Logistics Providers

The integration of the Internet of Things (IoT) can help third party logistic providers (3PLS) optimize their services to improve operations, transparency and the customer journey. The Internet of Things (IoT) simplifies our day-to-day through the sharing of data between devices. It is a technological movement that has contributed to the digital progression of many …

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3PLs Persevere Amidst Canada Shipping Capacity Crunch

The Canadian transportation industry is currently facing a capacity crunch, causing small businesses to question what their mitigation strategy should be. In late January, the Wall Street Journal spoke about the ‘nationwide truck shortage’ causing turbulence for shippers. They identified that the only two options available to offset current inconveniences were shipper’s willingness to postpone …

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Top 8 3PL Market Growth Predictions for 2025

Earlier this month, Research and Markets added to their “Third Party Logistics (3PL) Market Analysis By Service, By Transport (Roadways, Railways, Waterways, Airways), By End-Use (Manufacturing, Retail, Healthcare, Automotive), By Region, And Segment Forecasts, 2014 – 2025” report. Experts are estimating the 3PL market to reach USD $1.24 trillion within the next decade. That’s a …

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eBook: Offshoring, Nearshoring, Reshoring – What’s the difference?

Outsourcing is business strategy of contracting work out to a third-party. Companies use outsourcing to gain access to cheaper labour, larger specialized labour pools, and/or obtain other benefits through an economy of scale. The term encompasses both the setup of a subsidiary, and the off-site activities of a company. For decades, companies used outsourcing strategies …

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The Success of 3PLs and Mexico As A Logistics Hub

On February 4, 2014, we released a white paper detailing the different ways the logistics landscape had changed. Developments in the industry had created new challenges and opportunities all along the supply chain, shifting the world of transportation. The last few years has seen many developments in the realm of logistics. The recent carrier, port, …

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Study Indicates 91% of Shippers have Successful Relationship with 3PLs

The 3PL industry has come a long way in a few short years with its evolution from tactical service providers to collaborative partners that take on greater accountability and control.This week on the blog, we wanted to focus on the relationship between shippers and 3PLs. In the past, the question was why a company should …

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