Fifth Party Logistics (5PL) Definition
Fifth party logistics operator has specified jobs using recent technologies from implementing logistics solutions to negotiating rates. Like 4PL, the company that known as 5PL belongs to the...
April 1, 2019 -
Logistics Parties
Fifth Party Logistics (5PL) Definition
Fifth party logistics operator has specified jobs using recent technologies from implementing logistics solutions to negotiating rates. Like 4PL, the company that known as 5PL belongs to the... continue reading
March 4, 2019 -
Logistics Parties
Fourth Party Logistics (4PL) Definition
Fourth party logistics also known as lead logistics provider company is quite similar to 3PL. Despite so, it has a wide gap when it comes to managing services to the clients. Common terms about... continue reading
February 4, 2019 -
Logistics Parties
Third Party Logistics (3PL) Definition
A third-party logistics company is working with multiple organizations and specialized in performing various jobs from receiving inventory to shipping. Unlike the second party logistics service... continue reading
January 7, 2019 -
Logistics Parties
Second Party Logistics (2PL) Definition
Second party logistics (2PL) entity is a type of company that providing an array of modes of transportation for a delivery purpose. If the first party logistics or 1PL company goes with its... continue reading
December 3, 2018 -
Logistics Parties
First Party Logistics (1PL) Definition
First party logistics service provider is an entity that goes with an independent system. It runs its own logistics operation and it is not a secret that a company requires logistics to run a... continue reading