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It’s easy to overlook the role that 3PL providers play in the overall global economy and, at the same time, enable your business to operate and compete. The pandemic highlighted the complexities of the modern supply chain and the need for companies to engage with a 3PL provider to succeed. 3PL vs. 4PL. Technology.
Those who think trucks, trains, ships and planes define the 3PL market may be in for a surprise. The 3PL sector has at least three levels of change to consider and a possible makeover, sooner than some may think. What Market Are 3PLs Really In? Confusing the need with the means has been the undoing of many companies.
Shane Hanson and Joe Lynch discuss 5 reasons to leave your 3PL. Shane is Founder and CEO of Square1 Distribution & Logistics , a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors. He is the Founder and CEO of Square1 Distribution & Logistics, a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors.
In many cases, we look at recent trends and simply project them forward, but this assumes that the factors impacting that trend, either directly or indirectly, will remain the same, which is often a false assumption. Develop a Shared Vision Statement with Your 3PL. Number one on his list was “‘Non-Zero’ Supply Chains Win.”
In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. Industry Trends.
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. How Can a 3PL Help Shippers Manage LTL Transportation Proactively. We leverage data across a wider network to understand trends within rate fluctuation and available capacity, and identify opportunities for consolidation.
In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic.
What is the path to building successful and lasting 3PL-customer relationships? That was the main theme of a panel session I led at last month’s MercuryGate User Conference 2013 , which included the following 3PL executives: Shelli Austin , VP at Integrated Distribution Services (IDS). Michael Bartz , CIO at ReTrans.
To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement. The Top Logistics Trends that Will Impact Logistics Management in 2018. Some customers do not want two-day shipping. Download Here.
Unfortunately, companies that fail to stay in line with the top 2019 logistics trends could face uncertainty and lost competitive advantage, so let’s look at some of the top trends shippers should know to stay successful. It is important to note that a difference exists between dropshipping and shipping direct-to-consumer.
While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead.
Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients. Innovation and new technology are obviously important, but when evaluating a 3PL, go with the one that excels at blocking and tackling. The 7 Habits of Highly Effective 3PLs. Habit 7 – The Right Culture.
Anticipating a rebound from COVID-19, this blog post highlighted insights into how supply chain leaders were thinking about their supply chain in the context of the pandemic, macro industry trends, and as they planned for the year ahead. #2. Supply Chain Cybersecurity: Why an Expert 3PL With Strict Security Measures Is Key to Success.
Summary: Greenscreens: Benchmarking for Shipper Success Discover how technology is revolutionizing the shipping industry in this insightful podcast. Joe Lynch chats with Matt Harding, CTO of Greenscreens.ai, about harnessing the power of dynamic pricing, and data analytics to optimize shipping efficiency.
To gain a competitive advantage in last mile logistics, shippers need to understand the top seven trends in last mile logistics. Unfortunately, the tech landscape is riddled with cases of supply chain disruptors failing, but the trend is clear and shows little indication of regression. trillion by 2018 as well.
Container Ship Leasing Trends Downward. population with next or two-day shipping. The facility will also fulfill Marketplace items shipped by Walmart Fulfillment Services (WFS). American Shipper reported that indexes measuring container-ship rental rates are now dropping rapidly.
A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Most Supply Chain Decision Makers Look to Quality 3PL Services for Competitive Advantage .
Many LTL industry trends, such as capacity constraints , rising rates, and changing consumer buying patterns, will continue through 2021. Let’s look at top LTL industry trends for 2021. Four LTL Industry Trends Shippers Should Prepare For in 2021. Increase in LTL Shipping Rates. Plan for rate increases.
Five Tech Trends That Will Change Freight. And with daily headlines on new Ubers for X, new tech acquisitions, and the continuing crawl of technology into our everyday life, we’re focussing on five emerging tech trends that have the potential to reshape logistics. Better last mile shipping. A whopping $13.92
Trend #1: Customers Buying Experience Not Products. However, today considering inventory across the supply chain (at suppliers, in-transit, at customers, with 3PL partners) needs to be much more dynamic. Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain. Can your suppliers direct ship?
With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. There is certainly high potential for both 3PLs and manufacturers to become more efficient.
In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions.
Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. As COO, Joe ran a 3PL focused on LTL and truckload shipping.
Here’s the news that caught my attention this week: Free Shipping Is Going to Cost You More (WSJ – sub. Target Offers Free Holiday Shipping (WSJ – sub. Free shipping: what started out as an e-commerce experiment to entice online shoppers has become a customer expectation, and a drain on profitability for retailers.
Blindly selecting a third-party logistics company could lead to devastating financial and physical consequences for a company, and constraints on shipping, warehousing, and transportation industry are set to tighten in the coming years. Shippers must review what is currently taking place before attempting to select a 3PL company.
Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? are liable?network
However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages. But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits.
This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director. Retailers and manufacturers now expect their 3PL partners to deliver better, faster and cheaper services while providing additional value-added services.
For example, GlobalTranz’s Cost Prediction Model provides intelligence on pricing and market trends via a live dashboard. Shippers, brokers and 3PLs could adapt to rapidly changing market conditions during the pandemic. Build relationships with your 3PL for capacity and alternative shipping solutions.
Logistics consolidation is a fancy way of describing the transition of shipping modes to accommodate available capacity. Unfortunately, stress in the industry translates into higher logistics cost, so logistics consolidation will become more commonplace throughout the year, resulting in these additional trends. Download WhitePaper.
The Top Logistics Trends that Will Impact Logistics Management in 2018. In this all-new white paper by Cerasis, a transportation management solutions 3PL, we’ll discuss the top logistics trends that will impact logistics managers & the industry in 2018. Learn about the evolution of LTL shipping practices.
With predictions of a looming recession, it’s important to understand the latest trends to prepare for the new year. So, what are some of the trends we can expect in 2023? Also, the new technologies will enable 3PL providers to handle more orders. Shipping Rate Increases. Digital Technologies. Nearshoring.
The container shipping industry continues to make strong progress in reducing the number of boxes lost overboard. As the study prepares to publish its final paper, the World Shipping Council is citing the continuing decrease in the overboard losses. The three-year average however remains higher at 1,061 due to the large losses in 2021.
Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL . Download the White Paper: Over the Road Freight Management Trends. Leveraging a 3PL to analyze and provide data-driven recommendations helps businesses create continuous improvement of their supply chain in today’s highly competitive market. .
Although many of the trends discussed below involve technology, supply chain professionals need to give equal attention to people, processes, and technology. ”[1] Improved visibility and connectivity are involved in many of the supply chain trends discussed below. Supply Chain Trends. Digital Supply Chain Transformation.
As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. Hours of Service Guidelines Are Evolving.
So, what are the mega trends? How does the pandemic and digital technology play into these trends? The pandemic has greatly accelerated this trend. When it comes to supply chain applications, there has been a decided trend toward software-as-a-service products hosted in public clouds. The Growth of Ecommerce.
As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. I also attended the session on Datamyne. There are so many possibilities.
While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportation sources considered, including. Download the White Paper: Over the Road Freight Management Trends. Learn More.
A glimpse into the future of warehouse optimization, exploring emerging trends like AI, advanced robotics, and the growing role of sustainability. Customer Satisfaction: Faster order fulfillment, fewer shipping errors, and improved order accuracy lead to happier customers. Which warehouse performance metrics should be tracked?
Experienced 3PL providers have developed strategies for many other shippers and can adapt successful strategies for a customized resilience plan. Build relationships with your 3PL for capacity and alternative shipping solutions. Tap external expertise to assess supply chain risks and develop plans to adapt to them.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing. Its value is recognized by shippers as they choose logistics partners.
To keep pace with change, it’s important to keep an eye on the supply chain and logistics trends that are happening right now. To that end, here are 10 Supply Chain and Logistics Trends to Watch: Expansion of Same-Day Delivery. A general theme of all of all these supply chain and logistics trends is innovation.
In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.
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