There Third Party Logistics Service

There third party logistics service providers(3PLs) are experts in the management and flow of freight,allowing customers to focus their resources on other activities.Some of these larger organizations provide a one-stop shopping solution where customers can purchase all their transportation service needs,regardless of mode or geographic requirements. Types of 3PL providers While many 3PLs promote themselves as integrated service providers with a comprehensive range of logistics activity.Hence,the easiest way to categorize these service providers is on the basis of their foundation based,forwarder based,financial based,or information based firms.Each of these is discussed briefly in the following paragraphs. Transportation Based These 3PL trace their origins to freight movement via truck,rail,.air,or other modes of transportation. Distribution Based These 3PL suppliers originated from the public or contract warehousing business and have expanded into a broader range of logistics services. Forwarder Based This group of 3PLs includes freight forwarders, brokers,and agents that primary facilitate the flow of goods on behalf of customers. Financial Based This category of 3PL providers helps customers with monetary issues and financial flows in the supply chain. Information Based The internet has provided an excellent platform for the growth of information based 3PL. Asset Based providers When a 3PL owns many or all of the assets necessary to run its customers’ transportation and logistics activities,it is known as an asset based provider. Non-Asset Based Providers When a 3PL contracts with other firms to provider transportation and logistics services rather than owning the required equipment and facilities,it is called a non-asset based provider.

(Joelynch, 2014) http://www.thelogisticsoflogistics.com/2013/02/the-7-habits-of-highly-effective-3pls/#comments (AppLabs, 2008)
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