Friday, July 24, 2020


FORWARDER BASED THIRD PARTY LOGISTICS SERVICES:

A THIRD PARTY LOGISTICS PROVIDER, OR 3PLs PROVIDER, IS AN OUTSOURCED COMPANY THAT MANAGES A PARTICULAR PART, OR ALL PARTS OF YOUR LOGISTICS AND TRANSPORTATION OPERATIONS AND EXECUTE TRANSPORTATION, FREIGHT, WAREHOUSING AND OTHER ACTIVITIES

FREIGHT FORWARDER IS EXPLAINED AS UNDER:
  • Very independent middlemen with forwarder roles.
  • Non-asset or sometimes can be assets owner that provide a wide range of logistics services.
  • INTEGRAL LOGISTICS SERVICES PVT.LTD. (ILS) is a freight forwarding company.







Thursday, July 23, 2020

You Know the Definition of Third Party Logistics, 

Now We will discuss What are the Different Types 

of Third Party Logistics Services:


The following are the characteristics of the different types of third party logistics services:

Transportation Based Third Party Logistics Services
  • Services extend beyond transportation to offer a comprehensive set of logistics offerings.
  • Leveraged 3PLs use assets of other firms.
  • Non-leveraged 3PLs use assets belonging solely to parent firm.
Warehouse/Distribution based Third Party Logistics Services:

Rather than pay the increasing costs of warehousing and distribution operations, many companies prefer to invest the capital into additional locations, or reserve it to reduce the corporate debt. Third Party warehousing and Distribution makes that possible.

For many Retail businesses, third party warehousing and distribution is the only viable option. The costs associated with owning and managing a warehouse, from space and infrastructure to labor expenses, it simply not feasible.


Tuesday, July 21, 2020

DEAR READER, I WILL START NOW  THE NEXT CHAPTER :  WHAT IS THIRD PARTY LOGISTICS

WHAT ARE THE THIRD PARTY LOGISTICS SERVICES AND THE DEFINITION OF 3PLs:

THIRD PARTY LOGISTICS PROVIDERS ARE BUSINESSES THAT PROVIDE ONE OR MANY  OF THE FOLLOWING THIRD PARTY LOGISTICS SERVICES:

  • Transportation or Freight Management (including technology,freight accounting, services around claims, Public/Contract warehousing.
  • Distribution Management
  • Freight Consolidation

Now for a more academic definition.  the  define third party logistics services and 3PLs as:


Outsourcing all or much of a company's Logistics operations to a specialized company. The term "3PL" was first used in the early 1970s to identify inter modal marketing companies (IMCs) in transportation contracts, At that time contract for transportation had featured only two parties, the shipper and the carrier. When IMCs entered in the picture as intermediaries they accepted shipment from the shipper and tendered them to the rail carriers-they became the third party to the contract, the 3PL. Definition has broadened to the point where these days every company that offers some kind of Logistics Services for hire calls itself 3PL.

Preferably, these services are integrated, or “bundled,” together by the provider. Services they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. In 2008 legislation passed declaring that the legal definition of a 3PL is “A person who solely receives, holds, or otherwise transports a consumer product in the ordinary course of business but who does not take title to the product.”



Tuesday, July 14, 2020

FIRST POST AFTER COVID-19 ALMOST AFTER 4 MONTHS

HOPE ALL READERS ARE SAFE AND REQUEST YOU TO ALL FOLLOW GOVT. NORMS AND STAY SAFE.


AS WE WERE DISCUSSING THE TYPES OF CONTAINERS LETS CONTINUE.

HALF HEIGHT CONTAINER:


THIS IS ANOTHER KIND OF SHIPPING CONTAINER, MADE MOSTLY OF STEEL. THESE CONTAINERS ARE HALF THE SIZE OF FULL SIZED CONTAINER. USED ESPECIALLY FOR GOODS LIKE COAL, STONES ETC. WHICH NEED EASY LOADING AND UNLOADING