Selecting and managing 3rd party logistics (3PL) service providers is one of the most important roles of any Logistics Manager – particularly those managing outsourced logistics activities such as international freight forwarding, warehousing and domestic transportation. The number of potential service providers is endless and the cost of these services represents a significant portion of […]
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Will UberCARGO disrupt the 3PL industry like it has the taxi industry?
We have all heard about the Uber phenomenon that is currently disrupting the taxi industry around the world by providing a low cost and more technologically savvy option to the traditional taxi network. On the 7th of January, the Uber Blog announced that UberCARGO had been launched in Hong Kong. UberCARGO is described as: “The same […]
Understanding 3rd Party Logistics Service Provider Costs
The complexity of comparing the competitiveness of one 3rd Party Logistics Service Provider’s costs against another will vary depending on the type of service that is being provided. Logistics costs can broadly be categorised under the following headings: International Freight Forwarding Customs Clearance Warehousing and Transportation Before being able to effectively evaluate these costs it […]