Articles

3PL

What Is 3PL? Meaning, Benefits, and Challenges

What Is 3PL? Meaning, Benefits, and Challenges

In today’s fast-paced business world, efficient supply chain management is critical to success. That’s where third-party logistics (3PL) comes into play. This blog post will include a 3pl definition to explain what 3PL means (some people refer to it as 3rd party logistics), the benefits of partnering with a 3PL provider, and the potential challenges […]

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Forward Integration: Strategies, Advantages, And Risks

Forward Integration: Strategies, Advantages, And Risks

Forward integration is a key strategy for businesses to strengthen their market position and control over their supply chain. This approach involves companies taking charge of distribution or supply activities further down the value chain.  This article examines the various strategies, benefits, and risks of forward integration, offering insights for businesses to effectively implement this […]

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COVID Hangover, Port Funding and More News

COVID Hangover, Port Funding and More News

U.S. Ports: Let’s Have Some Funds The U.S. Department of Transportation selected 41 projects to receive $653 million in grant funding under the Port Infrastructure Development Program, part of approximately $17 billion included in a 2021 infrastructure spending bill for ports and waterways. The program was designed to improve U.S. port capacity and efficiency and, in turn, help […]

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