Third-Party Logistics (3PL)
A company that provides outsourced logistics services including transportation warehousing order fulfillment and inventory management.
Definition
A company that provides outsourced logistics services including transportation warehousing order fulfillment and inventory management. 3PL providers enable businesses to improve efficiency reduce costs and expand global reach by leveraging specialized logistics expertise
Related Terms
Through Bill of Lading
A Bill of Lading that covers multiple stages of a shipment's journey across various modes of transportation (e.g. sea rail and truck).
TIR Carnet
A customs transit document that allows goods to move across international borders under customs seal without requiring repeated inspections at each country's checkpoint.
Tonnage
A measurement of a vessel's cargo-carrying capacity.
Tracking Number
A unique identifier assigned to a shipment that allows shippers and consignees to track cargo movement.
Transit Time
The total time required for a shipment to move from its origin to its final destination.
Trucking Rate
The cost of transporting goods via truck calculated based on factors such as distance cargo weight fuel costs and delivery urgency.
Ready to unblock your supply chain?
Join the fastest growing businesses shipping with Cubic.