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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. The Differences between 4PL and 3PL. What is 4PL? What is 3PL?

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Transportation Metrics That Matter Most to Track and Improve Performance

GlobalTranz

Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Actionable data is one of the most critical business drivers. Only 34% of survey respondents named saving money as a priority.”. Why Monitor Transportation Metrics.

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Building Profitability with Agility while Digitally Transforming the Supply Chain

Logistics Viewpoints

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. It should also be shared downstream.

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Freight Professionals “Want to Change Supply Chain Strategies Post-Covid” Says Survey

Logistics Business Magazine

Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains. Find more details here.

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Subcom Market Showing Positive Trends, Says Survey

Logistics Business Magazine

The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. The post Subcom Market Showing Positive Trends, Says Survey appeared first on Logistics Business® Magazine. million to an estimated 65.3

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Integrated Tech Will Help Solve Driver and Skills Shortages, Says Survey

Logistics Business Magazine

These were two of the key findings from Paragon Software Systems’ annual UK customer survey, which was completed by more than 100 industry professionals. The 2019 survey results showed that technology is now playing a critical role within road transport to gain added visibility and control.

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The Rise of the 3PL for Managed Transportation Services

Blue Grace Logistics

Meanwhile, Europe will refer to the effective outsourcing of transportation management as “fourth-party logistics services (4PL).”. In a 2014 survey of supply chain professionals, 9% of respondents saved more than 12% on freight costs through managed transportation services.