The Logic of Thirds
How tapping into third-party logistics companies can help save you money
If your company spends big chunks of money on shipping, you would be wise to check out a third-party logistics company (commonly called 3PLs), some of which can save you 10 percent to 15 percent on shipping.
"Our core competency is moving products for our customers," says Jim Jelinek, director of operations for Langham Logistics Inc. in Indianapolis. This may include everything from transportation to warehousing to packaging. Some 3PLs work primarily as freight managers and don't maintain hard assets such as warehouses.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
How Millionaires Prepare for a Recession, According to a Former Wall Street Trader
5 Self-Care Habits of Every Successful Entrepreneur
Listen Closely to What People Ask You. That's Where to Find Your Hidden Power.
Gen Z Customers Want More. This 3-Step Strategy Will Help Your Company Give It to Them.
This Founder Was Madly Pulling a Pandemic Pivot When...the FBI Showed Up at Her Door With Guns, Seized Her Money and Told Her Husband He Was the Target of a Criminal Investigation
Take Customer Service to the Next Level With These Service-Based Franchises
Define Your Short-Term Goals With These 3 Components for Long-Term Success