Policy Briefing: Third-Party Logistics and the US Economy

What is 3PL?

• Third-Party Logistics (3PL) is the business of managing various elements of the supply chain via contract.
  
• 3PL = an efficient market for moving goods.

Benefits for Shippers

• Drive down costs by identifying inefficiencies
  
• Manage transportation strategically
  
• Stability through volatility / supply chain interruptions•Inventory optimization
  
• Timely flow of first-hand information

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