May 2014

3PL stands for Third Party Logistics.  A 3PL company or firm manages and provides solutions for all the logistics requirements of an organization.  The term 3PL is generally unfamiliar to people who are new to the logistics industry.  This is not so surprising because every industry has its own set of buzz words. 3PL can be traced back as early as 1970’s as companies were outsourcing more and more logistics services to 3rd parties.  Over time, 3PL service providers have expanded their services to cover the specific needs of various companies.  Today, most 3PL service providers offer a range of…

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