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3PL vs 4PL: Which One Is Best for Your Business 

GoShip Blog

This has brought about the rising need for 3PL (third-party logistics) and 4PL (fourth-party logistics). So how do you choose between 3PL and 4PL? With 3PL services, that no longer poses a problem, as the company can quickly meet your inventory and freight needs. that may cause your costs to skyrocket What is a 4PL?

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Improving On-Time Deliveries with CLX LaneLogix

CLX Logistics

It’s vital for chemical manufacturers to have access to the right data to contextualize their operation in comparison with the rest of the market and facilitate on-time deliveries (OTD). We strategically set new targets for OTDs based on CLX LaneLogix market data and developed a complete set of processes and best practices to meet the goals.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The final goal was to develop end-to-end visibility based on leveraging data analytics.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. These processes are intrinsically linked and require shared data and collaboration across all network partners.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. – Third-Party Logistics Study, 2022, NTT Data. Rise in demand for 3PL and 4PL services. More Focus on Last-Mile Delivery. World Economic Forum, The future of last-mile ecosystem, Jan 2020.

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Project44 to Showcase At-Sea Visibility Options in Munich

Logistics Business Magazine

Detailed at-sea shipment data has traditionally been hard to access, but with Ocean Visibility the company says that shippers, freight forwarders and 3PL’s can automate their transport processes with the platform across all modes of transport. 50% of new carriers connect to the project44 network and initiate data sharing within hours.

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Different Types of Logistics Companies: Which One Should You Choose?

3PL Links

With the businesses they collaborate with, they become partners and take full ownership of the management, analysis, and execution of the supply system. If a business intends to use this service, it must first consider which category of logistics companies best meets their requirements. How many types of logistics companies are there?